As spending ticks up as we move toward a postpandemic era, cost-cutting might not be the top executive priority anymore, but strategic cost optimization remains critical. The Gartner 2020 Business Cost Optimization Through a Crisis Survey found that effective cost managers were 40% more likely to see positive business performance during the pandemic. The urgent question now is, how do you strategically invest your resources to achieve desired business outcomes? Efficiency gains made through strategic cost optimization can be easily reinvested into the digital business acceleration strategy. Treating cost management as a reactive play when costs need to be cut means executives are playing with one less ace in hand.
In this complimentary webinar, a panel of Gartner experts break down some building blocks of effective cost management – standard frameworks, clear measures of success and cross-functional collaboration -- to help you craft a winning strategy that can maximize spending and invest in your future.
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