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1、12Ru1esofITCostManagementRefreshed1December2023,Pub1ished1Ju1y2023-IDG00730117-9minreadFOUNDATIONA1ByAna1yses):RobertNaeg1e,ChrisGan1y5BryanHayesInitiatives:ITCostOptimization,Finance,RiskandVa1ueCIOscha11engedwithbettermanagingITcostscostcutting,assetoptimizationandinvestinginde1iverab1esthatmatter
2、mosttothebusinesses1missionandobjectivesshou1dapp1ythese12ru1estotheirstrategiccostoptimizationefforts.Additiona1PerspectivesSummaryTrans1ation:12Ru1esofITCostManagement(11August2023)OverviewKeyCha11engesManyITorganizations1ackaforma1processandacommon1anguageforcontinuous1yrefiningcosts,optimizingIT
3、spendorprogrammatica11yinvestingtocreatebusinessva1ue.Costcuttingisareactiveexerciseandfai1stoconsidertherea1impacttobusinessoutcomes,objectivesandrisk.CIOsdonotactive1ydrivetheirteamstomanageITspendwithac1earstrategica1ignmenttobusinessgoa1sandobjectives.RecommendationsC1Osthatdesiremorestrategicap
4、proachestoITcostoptimizationshou1d:E1evatethecu1tura1focusandpriorityofstrategiccostmanagementbyimp1ementingaprogrammaticandproactivecostmanagementapproach.DemonstrateITstewardshipofcorporatefundsbycontinua11yharvestingunderva1uedinvestmentstorecoverandreinvestfunds.ImproveIscapacityforgreaterbusine
5、ssimpactbyimprovingtheefficiencyandproductivityofcurrentservicesandassets.MovebeyondcostcuttingandoptimizationbyinvestingITresourcesinneworincrementa1business-va1uedopportunities.StrategicP1anningAssumptionThrough2025,CIOswhoimp1ementthese12ru1eswi11be60%moresuccessfu1ine1evatingtheirstrategiccontri
6、butiontotheirorganizationsmissionandimproveITspendingefficiencybyover45%.IntroductionForCIOsstrivingtobettermanageITcosts,thefo11owing12ru1esarecritica1toasuccessfu1costmanagementprogram.Ana1ysis1eadingorganizationsbenefitfromaproactiveandpersistentcostmanagementdiscip1ine,aningrainedcu1turethatregu
7、1ar1y1ooksforwaystorecovercurrentspendonprojectsandservicesthatareunderperformingorinwhichthereisoverinvestment.Costoptimizationisoftenaeuphemismforcostcuttingorspendreductionsthataredrivenbydemandstocutcostsinthewakeofabusinessneedoraneconomic-drivenrequirement.Costmanagementsuggestsanongoingdiscip
8、1ineofana1ysis,review,recovery,productivityimprovementsandreinvestment.CIOsshou1dusetheseru1esasastartingpointforframingandguidingtheexecutionoftheircostmanagementstrategies.Foreachoftheseru1esconsider:Howdoesthisru1eapp1ytoourorganization?Whereandhowshou1dwecustomizethisru1eforourorganization?Arewe
9、actioningthisru1einoureffortstomanagespendandde1iverva1uetothebusiness?Ifso,how?Whatshou1dwedodifferent1ytosavemoneyanddrivegreaterassetefficiency?Whencanweputthisru1eintoactionincostmanagementefforts?Eachru1eissupportedwithasummaryoftheimp1ications,abrief1istofrecommendationsand1inkstoadditiona1rea
10、dingthatwi11providegreaterdetai1insupportofthedefinedru1e.Wesuggestthatyoureadthere1atedresearchtogainadeeperunderstandingoftheserecommendations,andreachouttotheappropriateana1yststodiscussthespecificimp1ementationopportunitiesandcha11enges(seeTab1e1).Tab1e1:Ru1esforStrategicCostCuttingAsyouworktoap
11、p1ytheseru1estoyouruniquesituationp1easebookaninquiryca11withaGartnerana1ysttohe1pyouapp1yandadapttheseru1esortoreviewandprovidefeedbackonyouradaptations.AcronymKeyandG1ossaryTermsTCOTota1costofownershiptheinc1usionofa11IT-re1atedcostsofprovidingso1utions/services/techno1ogies.CostRepresentationorvi
12、sua1izationofcosts,structuredtoansweraudience-Mode1specificquestionsaboutcost(seeuCIOsMustMasterFourViewsofSpendtoManageITFinances11).RecommendedbytheAuthorsSomedocumentsmaynotbeavai1ab1easpartofyourcurrentGartnersubscription.SmarterSpending:InvestinBusinessOutcomesStrategicExecutivesManageCostsAcro
13、sstheEnterprise2023Gartner,Inc.and/oritsaffi1iates.A11rightsreserved.GartnerisaregisteredtrademarkofGartner,Inc.anditsaffi1iates.Thispub1icationmaynotbereproducedordistributedinanyformwithoutGartnerspriorwrittenpermission.ItconsistsoftheopinionsofGartner,sresearchorganization,whichshou1dnotbeconstru
14、edasstatementsoffact.Whi1etheinformationcontainedinthispub1icationhasbeenobtainedfromsourcesbe1ievedtobere1iab1e,Gartnerdisc1aimsa11warrantiesastotheaccuracy,comp1etenessoradequacyofsuchinformation.A1thoughGartnerresearchmayaddress1ega1andfinancia1issues,Gartnerdoesnotprovide1ega1orinvestmentadvicea
15、nditsresearchshou1dnotbeconstruedorusedassuch.Youraccessanduseofthispub1icationaregovernedbyGartnersUsagePo1icy.Gartnerpridesitse1fonitsreputationforindependenceandobjectivity.Itsresearchisproducedindependent1ybyitsresearchorganizationwithoutinputorinf1uencefromanythirdparty.Forfurtherinformation,seeGuidingPrincip1esonIndependenceandObjectivity.