Research Library

Fusing the Growth and Austerity Agendas via Information Technology

This LEF research project began as the result of a simple observation.  As the world has increasingly focused on whether to pursue growth or austerity economics, it struck us that one of the unique things about information technology is its ability to drive growth and austerity at the same time – to make so many products and services bigger, better and cheaper.  

Since IT now underpins an ever-rising share of the global economy, this fusion appeared to us to be of increasing relevance to individuals, companies and society at large.  This report describes the many ways in which business growth and IT are now inter-connected, and what this means to your firm in the context of today’s highly uncertain global economy.

Complete our smart growth strategy self-assessment to assess the health for your firm's growth strategy and culture, and compare your results to those of the other respondents.


Executive Summary

PDF (981.3 KB)

Single Topic Report

PDF (2.0 MB)



David Moschella
Research Fellow
David Moschella, based in the United States, is a Research Fellow for Leading Edge Forum.  David's focus is on industry disruptions, machine intelligence and related business model strategies.  David was previously Global Research Director of the programme. David’s key areas of expertise include globalization, industry restructuring, disruptive technologies, and the co-evolution of business and IT.  He is the author of multiple research reports, including Disrupting the Professions through Machine Learning and Digital Trust, 2016 Study Tour Report: Applying Machine Intelligence, There is Now a Formula for Machine Intelligence Innovation,  Embracing 'the Matrix' and the Machine Intelligence Era and The Myths and Realities of Digital Disruption. An author and columnist, David’s second book, Customer-Driven IT, How Users Are Shaping Technology Industry Growth, was published in 2003 by Harvard Business School Press.  The book predicted the shift from a supplier-driven to today’s customer-led IT environment.  His 1997 book, Waves of Power, assessed global competition within the IT supplier community.  He has written some 200 columns for Computerworld, the IT Industry’s leading publication on Enterprise IT, and has presented at countless industry events all around the world. David previously spent 15 years with International Data Corporation, where he was IDC’s main spokesperson on global IT industry trends and was responsible for its worldwide technology, industry and market forecasts.