What’s been the best way to optimize spend?
Eliminate Redundancy30%
Re-negotiate with vendors / take advantage of incentives43%
Shut down / pause what has been inactive13%
Update legacy and leverage emerging / more financially advantageous tools12%
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Community User in Software4 years ago
I was tuning into #CIOchat today, had this poll in queue RE: cutting spend. If you have additional thoughts the community here would love your comments I'm sure as well...Community User in Software4 years ago
- caught you chiming on twitter for this as well. Grateful if you have anything to have for the network on Pulse.
Community User in Software4 years ago
you're name is familiar from my time at Enterprise Technology Research (ETR) - I recently left the firm and excited to be with Pulse.Anyways, sorry to hear that you had to downsize staff, mistakenly I didn't include that as an option here... but if you have anything to chime in further I'm sure your additional peers on Pulse would appreciate it!
Community User in Software4 years ago
adding you to the thread - we're hoping to get some color from the poll here but also appreciate you also sharing your experiences in more detail.CIO in Education4 years ago
Difficult to not answer three of the four.Community User in Software4 years ago
Got it - thanks Paige! Maybe one / two where you feel like you got the most ROI/decrease without damage then?
Board Member, Advisor, Executive Coach in Software4 years ago
Speed kills (NTSB proves that all the time) - businesses need velocity. Velocity is speed with control - meaning direction/focus. Best way to increase velocity - get rid of "time vampire" people, processes, and technology and get a real leader. They will generate velocity to execute and deliver