TECH BUYER Dec 2019 - IDC Perspective - Doc # US45652519

The CIO's Guide to Managing Budgets for Enterprise Transformation

By: Alizabeth CalderResearch Adjunct Advisor, Suya XiongResearch Manager

Abstract

This IDC Perspective provides a step-by-step guide for CIOs who seek to improve their ability to pan for, manage, and enable the critical foundations and investments that are required for a stable and robust digital program. It provides simple and practical strategies for engaging from experienced CIOs and CISOs who have successfully managed and enabled strategically aligned technology spending.

"There is little that is as demoralizing for the technology leader or their team than the ongoing cycle of budget slashing and the perception that successful business investment needs to be fully benchmarked to transformational adventures. As the individuals held accountable for service levels and foundational controls, we spend much of our time defending core investments where we could be focused on adding value," says Alizabeth Calder, adjunct analyst, IDC's IT Executive Programs (IEP) at IDC. "CIOs and IT leaders can better align core strategies and budgets with business-led challenges and opportunities by demonstrating a proactive capability to both manage spending and represent the business strategy."


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