
A CIO’S GUIDE TO NAVIGATING UNCERTAIN TIMES

Inflation is showing us the slowest five-year growth since the 1970s. Coupled with widespread geopolitical instability, there’s no telling where things will go. Organizations are still navigating the ongoing fallout from the pandemic, most notably regarding their workforces. Companies are grappling with “quiet quitting,” ongoing labor shortages, and the technological and managerial demands that come with remote work. To say that CIOs are facing a complex array of obstacles that demand careful planning would be an understatement.
Challenges aside, there is some good news for CIOs. Recent data indicates that CIO roles are garnering increased respect and more generous budgets. Foundry’s State of the CIO Study 20231 notes that 77% of respondents considered the status of the CIO to be elevated over previous years and that they expect this visibility within the organization to continue.