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“AI is consuming change budgets while simultaneously increasing the cost of running existing technology.”
McKinsey, 2026
Pressure to deliver efficiency in your business is rising fast. Your CFO is being asked to fund growth, invest in emerging tech, and control costs all at once. AI is becoming an increasingly attractive lever to improve performance and agility. And as a CIO, you’re expected to deliver these gains.
But you know the reality is far more complex. Up to 80% of your tech spend is tied up in maintenance, with around 40% absorbed by technical debt [McKinsey 2026]. Whilst tightening spend might appear to be the easy win, if you attempt to paper over the cracks and move too quickly into AI you risk compounding complexity and cost, locking into a cycle that could be deadly to your business.
So how will you to deliver business-wide transformation that unlocks real performance gains rather than stacking deeper inefficiency?
1
AI is consuming 33% of companies' change budgets. (McKinsey, 2026).
2
69% of executives agree: agentic AI requires fundamentally new management approaches (BCG 2025).
Host & Moderator
James Harris
Founder, Change Makers
Thought Leader
TBC
Guest Liaison
Fin Major
Director, Change Makers
CMO, Hastings
The discussion was stimulating; the conversation flowed. My thanks also to your partner, who were brilliant.
CFO, Deliveroo
Thank you for an incredible meeting. The guests were genuine C-level people, which is rare. Congrats.
CTO, Trainline
Usually, I am critical of these meetings. But I was pleased to be part of this one. No regrets. It was a great session.
Partner
VodafoneThree brings together the scale, connectivity and technology capabilities of Vodafone and Three to help UK organisations modernise with confidence. From secure networks and cloud to IoT, digital workplace and managed services, it supports businesses in building the resilient foundations needed for growth, efficiency and AI-led transformation.
Address
83 Baker Street
London W1U 6AG
Phone
+44 (0) 20 3322 6788
+44 7828 207 007
Contact
Fin Major
Club Director