A Better Way to Cut Your IT Budget - Get Real
1. Get Real. You know better than anyone else where the nooks and crannies of the IT budget are. If you are asked to cut the budget, start with the chairman's pet project. When school departments are told to cut their budgets, the first thing to get the ax is the football team. Cutting the football team brings all the budget discussion into focus.
You don't want to go meekly into that good night of budget slashing. Go cut the social network that the chairman's son is running while collecting a fat salary.
The analysts over at Gartner recently said now is the time to cut the IT budget, and they provided six steps for getting the job done. The six steps play off advice offered by the company last fall that said CIOs should prepare two budgets: one that reflects the numbers handed down from company execs and another one held in reserve should the economy deteriorate. Well, it looks like the economy is deteriorating. Before you chop your budget without being asked, consider my six better budget-cutting tips.
By Eric Lundquist. Illustrated by Brian Moore.