3min snip

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This Is What Happens When Governments Build Software

Odd Lots

NOTE

The Lessons Learned From the Great Recession

During major economic downturns and pandemics, many individuals lose their jobs at once, causing a surge in claims for unemployment insurance (UI), which can overload the system and frustrate those seeking assistance./nThere is a recurring cycle of recession and recovery in the economy, but there is not enough focus on preparing for the next downturn by investing in UI systems and staff./nInvesting in UI systems during a downturn is not enough, and a different approach to modernization, process simplification, and goal-driven modernization is necessary./nGovernment systems and software used by banks can become complicated and difficult to manage as they grow through acquisitions, and there may come a point where starting from scratch is the best option.

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