With the endless resurrection of the "ghosts of 1929" I'm starting to believe that even the dead have failed to miss the economic events of the past few weeks.
Typically, in times of economic uncertainty and downturn, IT braces itself for an uncomfortable series of budget cuts.
The mood this time seems notably calmer.
Is this a broad acceptance of the inevitable? "When aren't I faced with cuts?"
Perhaps. Whatever your view, now is the time to start pitching IT as the opportunity to be the strategic driving force that will not only keep your organization safe, but help it take advantages of the growth opportunities that appear as the market starts to recover (an ever braver premise, I know...).
InformationWeek has some useful pointers:
The fantastic thing about IT, is the pace of innovation allows us to spend to save in ways we can't do with other investment. Better management tools reduce the IT administration and management overheads (TCO). Productivity innovation enables organizations to maximize their human asset. In growth periods this maximizes the ability to seize the opportunity, in downturns this helps to do the same with much less - maximizing efficiency. Maybe regardless of the situation you want to do both. Whichever your strategy, IT can drive success.
The problem is risk. IT has the potential to solve all, but the success rate is poor.
We hope with the Infrastructure Optimization model, the IP we've gathered and the investment we've made globally we can minimize that risk using methods we've proved to work.
BPIO is our focus on people productivity. There hasn't been a time for more than two generations that you'll be so dependent on your people to deliver like they've never delivered before.
IT Optimization could be what defines your organization's future.
How CIOs Are Setting IT Strategy Amid Economic Uncertainty -- IT And The Economy -- InformationWeek