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While nearly every enterprise is being negatively affected by the economic climate, the degree of pressure and the range of IT resources each has to wrangle into cost submission vary significantly. As a result, different enterprises set different cost reduction targets and time frames.
This research note explores the effect that different IT budget reduction goals have on the IT service areas targeted for cuts. Coverage includes:
- The role that cost reduction size has on areas targeted.
- The role that time-urgency has on selection reduction tactics.
- The differences between big-bang cost reduction initiatives versus multiple reduction phases.
- Recommendations for prioritizing actions based on both known and currently unforeseen cost reduction mandates.
Understand the factors driving cost-cutting decisions to best prepare the enterprise for setting strategic and workable cost reduction plans.