For CIOs (Length: 12 pages)

June 2, 2009

Innovation And Agility — Driving IT Success In Economic Hard Times

Firms Invest Beyond Tactical Approaches To Accelerate Out Of The Downturn

by Bobby Cameron

with Sharyn Leaver, Brandy Worthington


Executive Summary (This is a document excerpt)

To understand how IT organizations are addressing the downturn, Forrester interviewed 46 enterprise IT decision-makers from around the globe. We found three scenarios: Those who have yet to cut their budgets and are keeping their options open; those who have already cut their budgets and are anticipating possible additional reductions; and those actively cutting their budgets now. Across all of these companies, traditional approaches to budget cuts abound — like postponing upgrades, terminating long-running projects, or reducing travel and entertainment (T&E). But some firms aren't hiding out, waiting for the recession to pass. Instead, they are investing in agility to keep their options open, or they are investing in business innovation to help them accelerate out of the recession.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemThree Scenarios In The Downturn — Firms Aren't Following A Single Path

itemTraditional Budget Cuts Are Common, But Some Invest In Agility And Innovation

itemAgility To Take Advantage Of Alternatives In The Long Run

itemInnovation To Accelerate Out Of The Downturn

recommendations

itemCIOs: Work Closely With The Business To Drive Success In Hard Times

A Forrester survey of 46 enterprise decision-makers, as well as numerous client conversations and consulting engagements, form the basis for this report.

Related Research Documents

itemBack To Basics — IT Strategy In Turbulent Times

February 4, 2009

itemAdjusting Your Project Portfolio For A Tough Economy

October 29, 2008

itemCIOs: Don't Wait To Innovate

May 1, 2008

itemCIOs: Make Innovation Part Of The Enterprise Portfolio

April 25, 2008

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Analyst: Bobby Cameron
Technology: Budgeting & Forecasting, Economy, IT Management, IT Spending & Budgeting, Recession, Serving the Business, Sourcing & Procurement, Vendor Management
Geography: Asia Pacific, Europe, North America

Archived Teleconference:
Globalization Strategies For IT
Original air date: Thursday, October 29, 2009
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