Doing more with less has long been the objective of running a lean tech organization, but now comes the age of COVID-19. IDC predicts a 2.7% drop in IT spending in 2020 with business leaders putting tech purchases and new initiatives on hold. Doing less with less is quickly becoming the COVID-19 normal for this year as IT budgets shrink, tech projects slow, and hiring freezes and layoffs squash hopes for new-hire relief. The challenge for the leaders of today’s tech organizations is weighty: continue to drive new value and fuel innovation without adding talent to the roster or dollars to the budget.
For development teams to succeed in this time of scarcity, they will have to learn to work differently. After the Great Recession, many IT organizations got leaner by taking advantage of offshore skills and resources. With the pandemic, the lesson will not be in offshoring, which many businesses already do. Instead, it will be a lesson in learning to emulate the leaner ways many distributed, offshore teams work: sharing resources across projects, leaning on professionals whose skills and experience are multifaceted, and embracing virtual collaboration tools.
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