Harvey Nash: Information executives seizing opportunities in the recession

by Editor 5/19/2009 4:29:00 PM
Chief information officers in the UK and the rest of Europe are upbeat and taking the business opportunities that the recession is throwing at them, according to the new Harvey Nash IT Leadership Survey.

IT outsourcing and recruitment consulting firm Harvey Nash has produced the 55-page IT Leadership survey in association with PA Consulting. They polled 1345 information executives from across Europe. The survey paints a picture of European CIOs as leaders of business change and innovation in difficult economic times.

To cut costs and fight off the effects of the recession, CIOs are adopting new technologies and agile working practices. Harvey Nash analysts say: “IT leaders are being bolder, using lack of cash as a catalyst to stimulate fundamental change in their business.”

Less than half (42 percent) of the executives reported a budget cut in the last 12 months, while a quarter said that their budgets had increased. More than a half of the CIOs are concerned that job cuts are affecting their organizations.

As many as 86 percent of the information leaders surveyed said that they were being called upon by their companies to use IT in innovative ways to boost the competitive abilities of their business.

Finally, 80 percent of the respondents are satisfied with their current salary, with 60 percent reporting earnings over €100,000.

To read the complete survey, visit Harvey Nash’s IT Leadership Centre.  

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