Reacting to the Economic Slowdown: Cutting Hidden IT Costs
IT cost containment is a fine line to walk - even in down times, business demands 24x7 responsiveness from IT, and anything that compromises that can negatively impact business performance. Technology leaders must look for ways to deliver greater value for less money. This begins with aligning with the business: understand business needs and where technology spending has the maximum impact. Drive investment in these key areas, and cut costs in others. Throughout the organization, look for both new technologies and structural changes that can open cost savings. Share the drive toward efficient IT throughout the organization, and be open to discovering new ways of doing business, re-examining every aspect of your structure at all times.
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