How Information Technology Changes In a Private Equity World
As more corporations are acquired by private equity (PE) firms, CIOs may find themselves bracing to prepare for unknown impacts on IT strategy, budgets and in-flight initiatives. Will the new owners bring in their own IT leadership, focus on cost restructuring, or redirect current technology budgets and programs? And how closely will the operating units of the acquiring private equity firm engage with day-to-day IT governance activities?
Take It With You
With a surge in private equity investment over the past two decades, more and more CIOs are learning how to effectively align the strategies, styles and cultures of IT organizations with the management principles that characterize most PE firms. CIOs who successfully prevail are finding that privatization can help transform IT operations. It can accelerate change and drive strategic investments, which in the prior world are often slowed by organizational inertia or other factors. CIOs are using this opportunity to drive effective change, generate top-line revenue growth, redefine internal governance models and achieve new levels of cost-effectiveness.