Technology, IT Performance

Gartner advises CIOs to prepare NOW for Eurozone Crisis

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Gartner is warning CIOs to prepare for the worst in Europe. CIOs can address four areas: market volatility; capital costs; human capital management; and risk management.

Is the CIO uniquely positioned to address these concerns and the Eurozone crisis? It seems to me other key enterprise players in this crisis would be the CIO (aka managing director) and the CFO.  

What do you think?

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Discussion
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Christian
Christian Verstraete 410 Points | Fri, 12/16/2011 - 06:56

First, where as there are issues related to public debt in Europe, they are no worse than in other parts of the world. So, my first question is whether this "crisis" is an actual one or one created by people wanting to use volatility to make loads of money. If the latter, it is very difficult to prepare due to the lack of predictability of this volatility. I believe CIO's should increase the responsiveness of their departments and improve the agility of their infrastructures to address ever changing demand of the business, but this has nothing to do with the European "crisis", but all to do with the evolution of the markets.

jdodge
John Dodge 1395 Points | Fri, 12/16/2011 - 16:43

Good perspective, Christian. And you live in Europe. It's not like the U.S. Government doesn't owe a few bucks - $15 trillion and rising fast! Do you think Gartner overracted or is simply providing timeless advice? Maybe it was just another report to sell.

U.S. Dept Clock - http://www.usdebtclock.org/

Does the Eurozone have something similar to the U.S Debt Clock?