Ask anyone how they’re feeling these days and chances are they’ll reply with some version of “exhausted.” We’re tired of operating amid uncertainty. We’re tired of balancing childcare with work. We’re tired of staffing shortages and supply chain problems.
Every company needs and uses software, and some is a significant driver of business success. But as small companies grow to midsize, software performance gaps can emerge. Finding new software solutions can fix problems and inefficiencies and help teams develop innovative products and services. But midsize company CEOs often face a difficult choice: whether to upgrade through a vendor or develop (a.k.a. “roll”) their own code.
How much autonomy is too much autonomy? While some companies take a rigid approach to assigning tasks, it’s become increasingly popular to allow employees a greater degree of freedom in determining what they work on, and with whom. Companies such as Spotify, GitHub, and Google have publicized their policies allowing employees to self-select the projects and teams they work with, arguing that by spurring higher levels of ownership and creativity, this strategy leads to better, more innovative ideas.
Digital trade is crucial for almost every company, but it also introduces new complications. When products or services that contain a computer or can be connected to the internet — which nearly every product or service does — cross borders, cybersecurity risks emerge. Growing concerns that foreign states or corporations can abuse digital products to collect privacy data, plant vulnerabilities, or otherwise cause harm mean that digital products are sold across borders…