A perennial focus for I&O leaders, optimizing costs and assuring funding is being allocated to the right things is a critical part of managing I&O effectively. It’s also one of the big paradoxes faced today by many: how to keep costs down and optimize, while growing, innovating and investing to support digital business.
Gartner Predicts
Enterprises have a variety of unique challenges, including smaller budgets and limited staff size, but only when CIOs answer this question, does the importance of cost-efficiencies funding innovation as key to growing the business, comes into play.
Three action-oriented kick-off initiatives for cost optimization and funding innovation.
CIOs are under continuing pressure to cut costs and/or deliver more with fewer resources. CIOs should communicate a cost optimization roadmap to socialize and gain buy-in from enterprise partners for evolving the enterprise’s IT cost management and investments to drive improved business value.
Download Gartner Research: How to Create and Communicate an IT Cost Optimization Roadmap
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