It is critical in this current economy for organizations to recognize IT's role in cost containment, resource allocation, project prioritization, performance
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Below are suggestions for initiatives that CIOs can consider starting or stopping in an effort to better operate in the current economy:
- Re-evaluate projects so there are deliverables that provide business benefits every 90 days.
- Set IT budget cost reduction goals in your strategic planning process and reduce the total IT budget.
- Renegotiate all maintenance contracts.
- Consolidate your database management system and any other infrastructure tools.
- Streamline and then completely redraw the IT architecture -- this effort could take as long as five years, but benefits will be seen within the first 12 months.
- Hire an experienced outsourcing consultant and take advantage of new offshoring opportunities.
- Extend the lifecycles of desktop and laptop computers by adding memory or faster drives.
- Assess IT licenses and contractually reduce those that are not in use.
- Increase user adoption of more centralized systems and shed usage of side systems such as Excel spreadsheets.
- Consolidate servers, data centers and support.
- Stop unfinished projects and transform your business activities and IT processes in ways that will strengthen your systems.
- Stop focusing on media portrayals and comparative studies; instead focus on your own situation.
- Eliminate redundant software packages.
- Complete or create good documentation (this allows for faster troubleshooting).
- Retire older or legacy systems.
- Complete any systems that require extra IT effort (i.e., a purchasing system that is mostly automated, but some purchases are still conducted manually).
- Complete the integration of any systems from mergers and acquisitions.
This was first published in January 2009