Inhibitors to agility
The following factors related to technology are key barriers for enterprises seeking to enhance and sustain agility.
Treating the technology department as a cost center
Enterprises that are yet to realize the importance of technology in their businesses continue to treat the technology department as a cost center, which is associated with technology being a support function. A cost center's primary goal is to optimize on costs, as the function is viewed as a "necessary evil." The cost-center approach severely limits the capability of the technology function in the following ways:
- It creates barriers to investing in new technologies. The budget constraints force the function to maintain status quo in times when technology is ...