CIOs can play key role in guiding companies through slowdown

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Steven Rosenbush, The Wall Street Journal
Photo: iStockPremium
Photo: iStock

Tech leaders can help set priorities by strengthening cybersecurity, rethinking hiring strategies and advocating for critical long-term technology investments

Much of tech’s glow during the past few years was a reflection of low interest rates and high demand for connectivity to support remote work, schooling and play during the Covid-19 pandemic. In a low-yield world, investors hungry for a return on investment were eager to fund tech’s most speculative ideas, from crypto and nonfungible tokens to the metaverse.