Business Transformation Requires Transformational Leaders
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Insight
Domain
IT strategy
Assertion 178:With more and more companies unwilling or unable to invest in up-front capital costs for projects, lots of noise is being made about cloud computing as a fast and efficient deployment environment. Most companies will be wary but willing. Can you afford not to get involved?
Executive Summary
IT Cost-Cutting in a Time of Economic Peril
Cost-cutting, freeing up cash, and generally preserving financial health is the order of the day for companies in our current recession. The IT organization finds itself in a uniquely awkward position. It is expected to pony up savings like every other unit, but can this be accomplished without compromising valuable resources and capabilities needed for the future?
The IT organization gets a triple dose of challenges during a company acquisition:
IT must support the existing technology of the acquired company after the acquisition is completed.
IT must manage the technology transition projects to assimilate part or all of the technology of the target company to the acquiring company.
This Executive Update looks at debriefing the bidders after a competitive bidding process has closed. This is often treated as an optional process -- and is usually one to be avoided. However, if done well, with the right intent, it is a valuable exercise for all bidders (unsuccessful and successful) and can also create support for your future bidding opportunities.
As the IT outsourcing environment continues to evolve, new demands are being placed on management to improve and refine sourcing policies and governance. During the past several years, there has been a steady move from contracts managing large facilities aimed at cost reduction toward smaller contracts that focus on providing expertise and efficiency around noncore processes of the business.
