Organizational IT departments are facing the challenge of adapting to the exponential advancement of technology. Mark Tauschek, VP of Info-Tech Research Group, emphasizes the need for IT leaders to adopt an exponential IT mindset to keep up with the compounding effect of technology advancement. The concept, coined as “Exponential IT,” is happening more rapidly than anticipated, affecting every area of IT and society as a whole.
To stay ahead in the rapidly changing technological landscape, IT leaders are advised to lean into the curve and embrace exponential thinking. By understanding how advancements compound and build upon each other, IT departments can take practical measures to adapt to the changing environment. Despite the overwhelming pace of change, it is crucial for IT leaders to stay informed and provide organizational leadership when it comes to technology benefits and risks.
Starting small but not slow is key to building the foundational muscle needed to succeed in the exponential world. By setting aside time to research emerging technologies, engaging with direct reports, and conducting quarterly reviews with the team, IT leaders can gradually build the necessary mindset and skills to navigate the technological landscape. Taking these small, actionable steps is crucial in adopting an exponential mindset and preparing for the future.
The exponential advancement of technology offers both exciting possibilities and challenges for IT leaders. By embracing an exponential mindset and taking proactive steps to stay informed and adapt, IT departments can position themselves to thrive in an era of hyper-change. The advice is to start small, take consistent actions, and gradually build the foundational muscles needed to succeed in the face of exponential technology advancement.
