Medium-sized businesses’ ability to deploy game-changing IT will help them withstand the recession, as delegates at Information Age’s IT for the M Business conference discovered. M Institute co-hosted the conference and Jyoti Banerjee listened in on the discussion.
Information
Age's Pete Swabey reports that the current economic crisis will hit medium
businesses the hardest. He came to this view listening to the proceedings at
the recent IT for the M Business
conference. Swabey says, "They have neither the agility of small businesses,
which can change tack at the drop of a hat, nor the economies of scale of
corporations, many of whom have the cash to sit tight and weather the
storm."
As M Institute has often noted, medium businesses (unlike their smaller
brethren) are prepared to invest in sophisticated IT, and have a real
appreciation of what IT can do to enable the business to scale efficiently. But
unlike large organisations, Swabey notes that "mid-sized business don’t have the
luxury of getting it wrong or experimenting: IT projects need to be 100% tied to
the achievement of business goals, with an intense focus on payback and
benefits."

