Executives around the globe are asking themselves how they should prepare for tough times. IT leaders are no exception. Read this report to develop a fundamental framework for assessing your choices as you plan for your organization.

IT faces constant organizational and economic pressure to maintain cost effectiveness and reduce expenses whenever possible. The top reasons organizations reduce costs include:

Proactive IT cost reduction programs
Negative financial or industry performance
Budget reductions
General economic conditions

However, cost reductions are easier said than done. While many organizations successfully reduce costs across IT operations, this can be a painful experience in some areas.

Complete with a decision-making tool, this report will:

• Explain why organizations undertake cost reduction exercises.
• Detail which cost reduction activities are most popular in the four focus areas.
• Explain the success of organizations in reducing costs in each focus area, while
  minimizing negative impact to morale, IT operations and the business.
• Present specific issues and challenges in each focus area, along with mitigating
  steps and best practices.
• Present an extended set of best practices in Vendor and Outsourcer Management.
• Supply case studies on real-world cost cutting scenarios, steps taken and results