The scene of the crime was gruesome. After a series of poor decisions the company was left gasping for air as it tried to re-structure its technical architecture and unburden its technical debt. In the end the business never recovered. Who was responsible for this heinous act? After the forensics team finished their investigation it was found to be none other than the company’s own CTO.
Join our Munich Meetup event on Monday 27th November at Werk1 to learn how to prevent common CTO mistakes. (This event ended, you can download the presentation here.)
Prevent Business Fatalities
After watching a number of CTOs fatally wound their businesses by making preventable mistakes, I decided enough was enough. I can’t just stand around as good business potential goes to waste. So on November 27th at our Munich Meetup event I will share 5 different stories where I saw CTOs either committing spectacular blunders and sinking a company or overcoming a series of obstacles to keep the business afloat.
For example, let’s consider the old fable of the CEO that cried time to market. Product development is underway but the shareholders want to see faster progress and the CEO is pressured to push out results, so he goes to his CTO and says, hey let’s get this thing moving a bit faster, take a quick solution now and we will come back fix the code up later.
The CTO fulfills this request and takes the quick and dirty solution. Technical debt can always be taken care of later, right? Yes it can, but only if your business survives long enough. When taking the fast solutions, the CTO overlooked some security concerns and the company got hacked, leaked private data, and were wiped off the market faster than you can say technical debt three times fast.
Preventing CTO Mistakes
Mistakes can be prevented or even fixed after they happen, so mixed in with my cautionary tales will be stories of heroic struggle and redemption. CTOs can make or break a company and it can be more difficult than it seems at times to make the correct decisions. After seeing both the good and the bad decisions made throughout different working experiences, as well as making and fixing a few mistakes of my own, I am ready to prepare others on how to avoid potentially business crushing problems.
So if you are in or around Munich on November 27th, I hope you join my Munich Meetup event. I will share my stories and give advice on how to prevent CTO mistakes and will be there to answer any of your questions.
- Make CTOs great again!
- Preliminary signs of your CTO’s technical and psychological depression
- How to manage technical debt
- Gathering reliable data to appreciate Agile performance, from Developers to the CEO
Learn more about the author, Cornel FATULESCU