Economic Downturn: Challenge or Opportunity?

Author(s): Russ Conwath

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(By Info-Tech Analyst Russ Conwath- Printed with permission from Processor magazine www.processor.com).

When the economy takes a turn for the worse, IT is often the target of budget and staffing cuts, regardless of the negative impact the cuts may have on projects or service levels. With the nature of the cuts out of IT's control, how can you continue to be effective or innovative?

Although economic conditions are challenging, they can also be a catalyst for change. What things would you change given that you may have to function with 20% less budget and staffing? Where would you ask to spend some money so that the cuts have less of an impact on services and service levels? Where do you need to put in some extra effort to make a process or functional area work better?

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