Archive for May, 2009

IT Workforce Trends

May 27th, 2009

Ted was recently speaking with a member that is in charge of development for a large organization.  Six months ago, the company was struggling through budget cuts, and trying to determine what they could live without.  Of course, personnel cuts were not off the table.  Today, however, this VP says that the organization is incredibly busy.  It seems to him that they have chosen to take a time of relative calm to push as many IT projects through the pipeline as possible.  They are running at full capacity just to keep up.

The trend is interesting - this combined with an interesting article that came across my desk via Twitter today raises some interesting points.  It seems as though IT is still running strong, and in general the IT workforce hasn’t taken the unemployment hit that many other specialties have.

This article talks about 5 IT recruitment trends, all of which run counter to the general sentiment of job market news today.  In sum, the article discusses the following:

  1. The IT asset replacement cycle, in general, does not appear to have stopped.  This means that IT demand is still there, and IT staff is still critical.
  2. The project flow has not decreased.  If projects have been cancelled, they may have been ones that wouldn’t have made it through the queue anyway.  Again, this means the demand for IT resources doesn’t drop.
  3. Smaller companies are snatching up good IT talent that has been laid off.  For those expecting to find the talent when business picks back up, the market may be tight for those hiring.
  4. IT leaders are using these hard times to show how they can deliver value to the organization.  For many companies, this means that the resources that are around will need to work harder for leaders to meet their goals.
  5. Contractors (staff augmenters) are taking a hit, while full-time resources are learning to be adaptive.  This could lead to a stronger, more agile organization in the long run.

The points above are paraphrased from the article written by By Stuart Packham of silicon.com, posted on ZDNet News: May 27, 2009

New Feature Added - Topics

May 14th, 2009

We’ve added a new feature to theIMF.com that will make it easier for members to find the information they are looking for, and identify with communities of interest that relate directly to their passions.  We have dubbed this new functionality “Topics.

 

Use this simple drop-down to find the content for any topic of interest.

Use this simple drop-down to find the content for any topic of interest.

All of the content on theIMF.com is now sortable via Topics - you can find this anywhere on the website in the blue navigation bar on the left side of the screen.  When you select a given Topic, all IMF upcoming Forums, upcoming Web Forums, recently published Reports, and active Connects will be displayed.

In addition to this content filtering, you can also update your personal profile to reflect your current topics of interest.  In the near future, IMF will begin sorting our outgoing email campaigns to match these profile selections, such that all members receive only the information that is directly relevant for them.  In this way, we hope to limit the amount of email that members receive on a dai8ly or weekly basis - the last thing we want to do is become SPAMers.

We welcome any feedback you have on this new feature.  We’d love to continue improving theIMF.com so that it remains the most valuable source for information that IT professionals can have at their fingertips.

Peer Info Sharing: Depreciation Policies

May 8th, 2009

At a recent IMF event, several members shared their company depreciation policies.  At a time when organizations are finding cash tighter than in recent years, financial managers are being asked to strike the right balance between capital purchases and expensed purchases.  The policies of 11 companies are detailed below.  

You can open the image in a new tab or window to see a version large enough to read.  

 

Depreciation policies vary quite a bit. Some are remaining stable, and others plan to change.

Members interested in follow up discussion on this and any other topic can use the IMF Connect service to gather real-time information from peer organizations.  This service is an included part of your IMF membership!