Institutional challenges include:
- Misalignment and poor collaboration among stakeholders: Issues with communication and relationships.
- Lack of a clear strategic plan and effective processes.
- Deficiency in knowledge, expertise, and skill sets.
- Insufficient funding and lack of financial transparency.
- Ineffective change management practices.
Our Advice
Critical Insight
Cost optimization is not just about reducing costs. In fact, you should aim to achieve three objectives: (1) reduce your unwarranted IT spending, (2) optimize your cost-to-value, and (3) sustain your cost optimization.
Impact and Result
Follow Info-Tech's approach to develop a 12-month cost optimization roadmap.
Info-Tech's methodology helps you maintain sustainable cost optimization across IT by focusing on four levers:
- Assets
- Vendors
- Project Portfolio
- Workforce