I’ve been following the CIO 100 awards for several years—they’re just out—and I’ve never seen so many law firms represented as this year.  To wit:

What are the "CIO 100?"  They are the most innovative and effective CIO’s, who have had the greatest  positive impact on their organizations.  According to the press release:

“The 2007 CIO 100 award recipients serve as industry role models for business and IT excellence,” said Abbie Lundberg, editor in chief of CIO magazine. “This year’s winners demonstrate extraordinary results in a variety of important areas, including business transformation, collaboration, customer innovation and top line contributions.”

I cite this rather remarkable showing by law firm CIO’s—snagging 5 of the 100 slots, while law firms represent nowhere near 5% of GDP—for two reasons:  First, it’s a truism to say that ours is a knowledge business, but even truisms are occasionally correct. If we’re a knowledge business, we are therefore, in the 21st Century, an IT business.

Second, we too little appreciate how extraordinarily hard it is for IT to have a meaningful—and creative, differentiating —impact on how we get our jobs done.    Inventing new technological tools—word processing, BlackBerry’s—is actually the easy part.  Figuring out how to use them to transform the way we accomplish what we need to do is the hard part.

Lest you doubt the time-lag between technological invention and its having an actual impact on productivity, consider the following lesson from this week’s "Undercover Economist" column from The Financial Times (a must-read, by the way).    The columnist is Tim Harford, author of the eponymous book, The Undercover Economist, who deserves the success that Freakonomics has scored, and then some. 

"Electric light bulbs were available by 1879, and there were generating stations in New York and London by 1881. Yet a thoughtful observer in 1900 would have found little evidence that the ”electricity revolution” was making business more efficient.

"Steam-powered manufacturing had linked an entire production line to a single huge steam engine. As a result, factories were stacked on many floors around the central engine, with drive belts all running at the same speed. The flow of work around the factory was governed by the need to put certain machines close to the steam engine, rather than the logic of moving the product from one machine to the next. When electric dynamos were first introduced, the steam engine would be ripped out and the dynamo would replace it. Productivity barely improved.

"Eventually, businesses figured out that factories could be completely redesigned on a single floor; production lines were arranged to enable the smooth flow of materials around the factory. Most importantly, each worker could have his or her own little electric motor, starting it or stopping it at will. The improvements weren’t just architectural but social: once the technology allowed workers to make more decisions, they needed more training and different contracts to encourage them to take responsibility."

The lessons are two-fold, I think. 

First, getting IT right is a lot harder than it looks.  Have vision, but also have patience.

Second, understand that it’s not only, or even primarily, about IT.  It’s about culture, and transforming the way we work.  All IT can do is open the door.  But if we can’t see our way past the massive steam engine model, we’re wasting our time to replace it with an electric dynamo. 

"Think different?"  Indeed.  At least five of our CIO brethren seem to be doing just that.

Related Articles

Email Delivery

Get Our Latest Articles Delivered to your inbox +
X

Sign-up for the Insider’s Email

Be the first to learn of Adam Smith, Esq. invitation-only events, surveys, and reports.





Get Our Latest Articles Delivered to Your Inbox

Like having coffee with Adam Smith, Esq. in the morning (coffee not included).

Oops, we need this information
Oops, we need this information
Oops, we need this information

Thanks and a hearty virtual handshake from the team at Adam Smith, Esq.; we’re glad you opted to hear from us.

What you can expect from us:

  • an email whenever we publish a new article;
  • respect and affection for our loyal readers. This means we’ll exercise the strictest discretion with your contact info; we will never release it outside our firm under any circumstances, not for love and not for money. And we ourselves will email you about a new article and only about a new article.

Welcome onboard! If you like what you read, tell your friends, and if you don’t, tell us.

PS: You know where to find us so we invite you to make this a two-way conversation; if you have an idea or suggestion for something you’d like us to discuss, drop it in our inbox. No promises that we’ll write about it, but we will faithfully promise to read your thoughts carefully.