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A Nifty Article Fifty Breakdown


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If you are a UK CIO you have a lot to think about if June 8th takes article 50 to its natural conclusion…

Here is a nifty breakdown from CIO.com..

“The major milestones for CIOs to keep an eye on include the following:

  • U.K. parliamentary review of Great Repeal Bill (Late 2017): This will provide the first opportunity for an initial assessment of legal impacts on managed service agreements and other IT contract documents.
  • Royal assent of Great Repeal Bill (Mid 2018): At this point, any gaps in the legislation should be addressed, enabling IT organizations to confirm legal impacts and initiate contractual change activities.
  • Brexit negotiations wrap up (Fall 2018): This will create clarity the regulatory, operational, audit, and reporting impacts on IT services.
  • U.K. Houses of Parliament, European Council, EU Parliament, and remaining 27-member Parliament vote on deal (Early 2019): This will confirm IT impacts and enable CIOs to begin related IT change programs
  • Transition period begins (March 2019): CIOs can structure timelines for completion of IT projects to address necessary digital transition and transformation requirements.”

http://www.cio.com/article/3189040/it-industry/how-brexit-will-impact-global-cios-and-it-services.html

However, with all these (less face it) rather boring boxes to tick and cross there will be little resource to deal with the ever increasing pace of change within the wider economy.  As such, the threat of Brexit is not just one of legal and commercial wrangling (Although that will certainly feature heavily).  The real issue is going to be that already stretched IT departments are going to be hit with “Regulation, Regulation, Regulation” when they also have to deal with “Innovation, Innovation, Innovation”.

If Brexit goes ahead the latter is likely to be the biggest casualty.

So how can the CIO keep pace with this?

During this period 3 things will be key to the post-article 50 CIO:

  1. A razor sharp focus on investment in the biggest IT return.  Yes Brexit projects will HAVE to happen but others will need to be picked for their direct impact on organisational outcomes.  This might be revenue or reputation, either way it will be high on the agenda.
  2. Use of Agile to ensure that those BAU projects are kept on track.  Agile methods and techniques such as KANBAN will be needed more than ever to keep visibility high.
  3. IT departments will need to become product centric and better at marketing than the marketing department!  No-one will use your internal product let alone your external one if your team can’t break through the noise of Brexit.

Magic Milestones has a number of services specifically designed to give you maximum bang for buck in times like these.  Read more here.. https://magicmilestones.com/services/