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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Leadership
  • Language:English
  • Pages:124
  • Paperback ISBN:9781098311384

Tech Debt 2.0™

How to Future Proof Your Small Business and Improve Your Tech Bottom Line

by Michael C. Fillios

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Overview
The importance of small and mid-sized business (SMBs) has never been greater. SMBs keep the American melting pot bubbling away, nourishing hopes, dreams and a healthy economy. Unfortunately, technical debt can threaten their long-term viability and business objectives, potentially threatening their survival. A well-known term in the IT world, technical debt historically accrues when long-term scalability and performance is sacrificed for a short-term goal, such as speed to launch. The rapid evolution of technology and the particular IT challenges of SMBs requires an evolution of the term "technical debt." As defined by author Michael C. Fillios, Tech Debt 2.0TM debt now affects the entire business, including attracting talent, mergers and acquisitions, competition in the marketplace, cyber security, and more. Carrying too much, or mismanaging it, can spell serious consequences, or even tech bankruptcy.
Description
The importance of small and mid-sized business (SMBs) has never been greater. SMBs keep the American melting pot bubbling away, nourishing hopes, dreams and a healthy economy. Unfortunately, technical debt can threaten their long-term viability and business objectives, potentially threatening their survival. A well-known term in the IT world, technical debt historically accrues when long-term scalability and performance is sacrificed for a short-term goal, such as speed to launch. The rapid evolution of technology and the particular IT challenges of SMBs requires an evolution of the term "technical debt." As defined by author Michael C. Fillios, Tech Debt 2.0TM debt now affects the entire business, including attracting talent, mergers and acquisitions, competition in the marketplace, cyber security, and more. Carrying too much, or mismanaging it, can spell serious consequences, or even tech bankruptcy. Tech Debt 2.0TM: How to Future Proof Your Small Business and Improve Your Tech Bottom Line helps SMBs understand and manage their technical debt. In Tech Debt 2.0TM, Fillios downloads his more than 25 years of business, finance an IT leadership experience into invaluable insights and "key tech-aways," that will help SMBs to: - Diagnose and measure your tech debt 2.0 score - Improve your tech bottom line - Reduce your risk of tech bankruptcy - Future proof your business Treating technology investment as a necessary evil and passively managing your technical debt is a sure-fire way for SMBs to threaten their existence. Don't miss out on the opportunity to leverage these essential tools and start creating tech equity for your SMB to survive and thrive in the new tech landscape!
About the author
Michael C. Fillios is the founder and CEO of IT Ally, LLC., a C-Suite IT and Cyber Advisory firm for small and mid-size businesses. He is a four-time CIO and senior global business and technology executive with 25 years of experience in transformation, change leadership and operations management in the Pharmaceutical, Industrials, Automotive, Banking and Consulting Industries. His first book, Tech Debt 2.0TM: How to Future Proof Your Business and Improve Your Tech Bottom Line was published by the IT Ally Institute in April 2020.