Calling the current state of the Australian startup and innovation scene the ‘flavour of the month,” veteran entrepreneur, director and angel investor, Topaz Conway, said business people - particularly women - need to be wary of the ‘fly-by-night’ atmosphere.
From stringent processes to Agile, from big budgets to small ones, from wearing only the IT-business hat to wearing all hats – there is a lot to learn when leaving the corporate world to build a startup.
Nothing brings a CIO and CMO together more than them going off on their own and starting up a business. That’s what ex-CIO Jacob Dudzinski and ex-CMO Mats Johnson have done with their startup, Wifi Control.
"Follow the money" is classic advice for investigative journalists, auditors and entrepreneurs. But for CIOs? That doesn't quite compute. If anything, CIOs have a reputation for being risk-averse and hypercautious with corporate dollars-just ask any hot-eyed startup CEO who's ever pitched to one of you.
CIOs must balance operational management with an entrepreneurial focus if their organistions are to make the most of growth opportunites in 2010, according on analyst firm, Gartner. The challenge is hardly new; IT leaders are well aware of the need to move from the cost consolidation to revenue creation.