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OPINION
A mid relentless technological advancement and emerging challenges, what strategies and principles can help ensure your company’s success while protecting it from potential threats as it grows? Build success by fostering strong culture, investing in people and infrastructure, prioritizing cybersecurity, and planning strategically. Strategies for success as tech advances
INVEST IN PEOPLE AND A CULTURE THAT PROMOTES OWNERSHIP AND INNOVATION. No matter how great your strategy is, it will not overcome a poor culture. It’s critical that you understand that having the right people – those who care about the success of your company – is the best way to ensure continued success going forward. If people truly care, they will plan and make any necessary adjustments because they see the company’s success as their success. This principle applies not only to IT but to every aspect of business. Having people you can trust is crucial to creating and sustaining a great company. Part of having a robust culture is cultivating an environment where every team member feels a sense of ownership and is encouraged to innovate – where individuals take pride in their work and have the freedom and autonomy to make decisions, provided they align with the company’s values and standards. When people feel a sense of ownership,
they are more inclined to innovate and implement improvements, as they are more invested in the success or failure of their work. Conversely, nobody likes to be micromanaged. It restricts freedom, making individuals feel constantly monitored and unable to work, think, or act independently. CREATE REDUNDANCIES AND SHARED WORKLOADS/RESPONSIBILITIES. Avoid depending on a single employee, consultant, or contractor. Without failsafe and backup plans for your IT systems, you risk significant issues that can disrupt your company’s productivity. One approach to achieving this is by establishing a decentralized work team. This means distributing tasks among team members and ensuring backups for key processes. There’s a saying in IT, “Two is one and one is none,” which implies that if you only have
Matt Gross
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THE ZWEIG LETTER JANUARY 27, 2025, ISSUE 1570
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