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Cut Your Budget without Destroying ITs Ability to Deliver

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Uploaded by on Nov 24, 2008

A complementary webinar designed for the CIO, CFO, CEO or senior IT budget managers: * Have you thought about how youll respond to the recessionary business pressures? * Are you trying to trim your IT budget despite an increased workload? * How will you position IT to emerge stronger from the downturn? View the complete Webcast at:
http://www.on-demand-itsm.com/CutYourBudgetwithoutDestroyingITWebcast.html
Please join two industry veterans and financial management thought leaders to explore proven methods to rightsize the IT budget for the leaner times without compromising the future of the entire organization. * According to Forresters research in 2Q08, 43 percent of firms have already cut their overall IT budgets in 2008, while 24 percent of firms have put discretionary spending on hold. * Business Week and Fortune magazine now call this the most significant economic turmoil since the Great Depression and agree that we have entered a recession of unknown depth and length. * CIOs worldwide are being asked to help the organization adjust expenditures to the realities of slower or negative growth in the next 12-24 months.

Traditional methods of peanut butter cost cutting (spreading it evenly) or eliminating so-called discretionary expenses leave the IT organization in a state of disarray and unable to satisfy even the important customer demands.

It is critical to prepare now with the right approach to ensure that IT is able to survive some tough years and then meet the growth challenges and opportunities of the next cycle.

The key take aways from this session will be: * What not to do when rightsizing the IT budget * What principles and rules have proven successful in other recessions * How best practices such as ITIL, COBIT and ValIT can help * Who should be involved in the process * Role of leadership
Visit http://www.on-demand-itsm.com/CutYourBudgetwithoutDestroyingITWebcast.html for the complete webcast

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