The widely predicted recession is already pushing many organizations across multiple industries to the breaking point. CEOs and CFOs are thinking more about survival than growth, which will force a round of cost cutting across all departments to create short-term, immediate, and measurable impact. Use this blueprint to :
- Effectively respond to the recessionary crisis while also setting IT spending goals for recovery and expansion.
- Identify specific business-aligned cost optimization opportunities across four broad IT cost categories – vendor management, asset optimization, project prioritization, and workforce optimization.
- Build an action-oriented cost optimization roadmap and communication plan based on your specific circumstances and timeline focus.
Many IT departments will be hard-pressed to meet cost-cutting targets at short notice. Ensure that any planned cuts are deep enough and help a lot more than they hurt.