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Coronavirus (COVID-19): Short- and Long-Term Actions for CIOs

by Deacon D.K. Wan  |  March 4, 2020  |  Submit a Comment

COVID-19 has disrupted operations and will have prolonged impacts on continuity of operations, modes of working and growth patterns. CIOs need to respond to the crisis with both short- and long-term actions to increase resilience against future disruptions, and prepare for rebound and growth.

 

Impacts

  • Organizations face challenges to continuity of operations as employees are stranded in various locations with uncertain return dates.
  • Dramatic changes in customer demand are putting organizations under huge stress: Sharp declines in demand present serious financial challenges to many businesses, while those facing demand surges and resource shortage risk disappointing and disengaging customers.
  • Confusing data from unverified sources, or sheer lack of data, leads to ill-informed decisions, escalating employee anxiety and making organizations underprepared for returning to normal operations and future growth.

 

Recommendations – CIOs leading innovation, disruptive trends and emerging practices should take the following actions:

  • Short-term actions:
    – Source interim digital collaboration tools to enable employees to work remotely, ensuring security controls and network support are in place.
    – Work with business leaders to conduct workforce planning to assess risk and address staffing gaps. Reprioritize demand and balance staff by shifting personnel from areas of lower priority.
    – Engage customers and partners via digital channels to maintain relations. Repackage product offerings and sell through digital channels.
    – Establish a single source of truth and communicate that to employees.

 

  • Long-term actions:
    – Develop a digital workplace strategy that includes collaboration applications, security controls, bring-your-own-device (BYOD) programs and network support.
    – Identify alternative employment modes and digital technologies that can empower employees and automate tasks.
    – Develop digital product extensions, expanding to new channels and enabling new business models to increase business resilience and prepare for growth.
    – Contribute to data-for-good programs to improve data literacy and increase adoption of a wider range of data and analytics tools.

 

See detailed impacts and recommendations at

Coronavirus (COVID-19): Short- and Long-Term Actions for CIOs
Published 4 March 2020 – ID G00720647
Shen, Sandy | Mok, Lily | Chen, Owen | Sun, Julian | Gao, Arnold | Wan, Deacon D.K

 

 

 

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Deacon D.K. Wan
Senior Director, Analysts, Research & Advisory
2 years at Gartner
24 years IT Industry

Deacon D.K Wan is the Senior Director, Analyst at Gartner Applications and Product Leadership. Experts in digital innovations, product management, partnership, payments,mobile & e-commerce,BD. Read Full Bio




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