Sadin on Digital episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin focuses in particular on what CEOs and boards must do to lead their companies successfully into the Digital Age. Today, Wayne and Bob talk about how business execs should be preparing for a potential recession but also, more importantly, for the upcycle that comes after it.
The Big Themes:
- Three tips for the precarious present: As the coronavirus continues to evolve and spread, Wayne says that business leaders need to be realistic about people returning to work (or not) and think creatively about how best to move forward.
- The CXO Lounge at Cloud Wars Expo: Wayne previews this unique feature of next month’s conference, a dedicated space for conversations, debates, and jam sessions between and among C-level execs and Acceleration Economy Analysts.
- Looking beyond a potential recession: This year, the tech industry is going to invest $20 or $30 billion just in innovation. So while it’s good to think about a downturn in spending, leaders need to have courage to make key investments now.
The Big Quote: “Have the courage to invest in technology. Invest in your manufacturing, your supply chain, your fulfillment, your customer during a slowdown… There’s going to be opportunities at the end of that that we can’t even envision today. Be ready to seize them. And the cloud gives you that opportunity.”