For Business Process & Applications Professionals (Length: 15 pages)

December 22, 2008

Five Steps To Building A Recession-Proof Packaged Applications Strategy

A Practical Approach Using Forrester's Long-Term Apps Strategy Framework

This is the sixth document in the "Building A Long-Term Apps Strategy" series.

by R "Ray" Wang

with Mike Gilpin, Paul D. Hamerman, Wallis Yu


Executive Summary (This is a document excerpt)

Application delivery professionals continue to face tremendous change from new business models, economic crises, changing workforce dynamics, and technology advancement. The current global recession challenges enterprises to tightly align packaged apps strategies with relevant business drivers. With regulatory compliance and operational efficiency as top-of–mind concerns, enterprises must recession-proof existing strategies to achieve sustainable change, identify opportunities to make business processes more efficient, choose the most effective technology strategy, and reexamine vendor relationships. The near-term goal: Find ways to optimize existing investments in packaged apps in order to free up money to fund not only budget cuts but also potential revenue sources for innovation.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemStep 1: Align Packaged Apps Strategy With Recession-Relevant Business Drivers

itemRegulatory Compliance Drivers Achieve Cost Avoidance And Risk Mitigation

itemOperational Efficiency Drivers Attain Short-Term And Long-Term Recurring Cost Savings

itemStep 2: Organize The Stakeholders For Sustainable Change

itemStep 3: Identify Opportunities In Commoditized And Differentiated Processes

itemStep 4: Select Effective Technology Strategies

itemStep 5: Reexamine Your Vendor Relationships

recommendations

itemDon't Delay. Start Today.

Forrester interviewed 51 application delivery professionals at end user companies.

Related Research Documents

itemDoes Your Apps Strategy Support Your Corporate Business Drivers?

March 20, 2008

itemApplications Strategies: Reducing Vulnerability In Times Of Economic Uncertainty

March 14, 2008

itemForrester's Long-Term Packaged Applications Strategy Framework

December 11, 2007

itemWhy You Need A Long-Term Apps Strategy

November 27, 2007

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Analyst: R "Ray" Wang
Technology: Application Development, Application Strategy & Selection, Architecture & Technology Strategy, Economy, Packaged Applications, Recession
Geography: Asia Pacific, Europe, North America