I've made an enormous investment and now my system's obsolete.
Chief Executive (U.S.) › Nbr. 1998, December 1998
Linked as:
Summary
Dealing with product obsolescence - Nightmares - Technology and the CEO: Nightmares, Daydreams, Solutions
Technological obsolescence is one of the greatest concerns of business leaders. Many executives fear being left with out-of-date equipment but they also worry that if they rush in to purchase a new machine, an even better and more powerful new technology will come along shortly. Some try to resolve the to-buy-or-not-to-buy-now dilemma by delaying technological investments until a more superior equipment is introduced in the market. However, this strategy can also backfire. Some executives wait and wait until it becomes necessary to undertake expensive systems upgrades. In reality, there is really no way of knowing when it is more beneficial to upgrade immediately or to wait. The best move for executives is to adopt a hands-on approach to technology obsolescence management.See the full content of this document
Extract
I've made an enormous investment and now my system's obsolete.
There are a million nightmares in the virtual city. Here are eight that respondents to a recent Chief Executive/Andersen Consulting survey voted most frightening - and the remedies they've chosen to help them rest more easily.
Jose Suarez knows obsolescence. Not the "oops, my six-month-old workstations are passe" kind, ...See the full content of this document
Sponsored links
