Which statement best describes your IT organization’s cost optimization efforts?

We situationally cut costs (due to economic downturn, decrease in revenues, etc.) until the threat has passed.24%

We evaluate cost optimization activities while we prepare next fiscal year’s budget.45%

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We leverage technology to improve workforce productivity.12%

We continually identify cost savings opportunities.19%

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20.6k views6 Upvotes5 Comments

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Director of ITa year ago

Why separate the attention to cost management from the opportunity to also use tech to be more productive?

Director of IT in Healthcare and Biotecha year ago

This should easily have been a multi choice answer: continual review opportunities + leverage technology + periodically tighten our activities to react to market environments

DIGITAL STRATEGY & OPEN INNOVATION DIRECa year ago

IT Managera year ago

Cost optimization is not a one time activity. It is in sync of automation transformation in all categories of technology and process driven projects or a team.

It should be taken positively which will ensure the department and organisation is smartly productive.

Director in Manufacturing3 months ago

We always have efficiency and productivity goals. However when we have sales shortfalls or economic problems those efforts take on higher priority and the reduction targets go up
We probably do all of your choices at some point

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