The most successful companies are those that have matured beyond simply linking IT strategy and the business, and instead have established a fully integrated operating environment.
“Managers are finding it increasingly hard to find savings without harming their operations. Boards are putting managers under pressure to find second and third round savings but with the easily identifiable savings already gone, it is proving hard to harvest further cuts. Moreover, the indiscriminate nature of some cost-cutting has resulted in unsustainable savings and, in some cases, has reduced the options for future savings,” commented Steve Woods, Compass Management Consulting’s South African country President. “The best performing companies are insisting that managers make a forensic case for change and model costs and benefits in a way that reduces risk and ensures that savings will be delivered. The best performing companies are instituting fundamental change in their business, including challenging levels of demand and implementing new governance structures for their IT and operations.”
Compass claims that detailed analysis of an organisation’s operations and comparisons with industry best practice can identify further opportunities for performance improvement that can yield up to 20% cost reductions in areas such as storage, software and telecommunications costs.
Compass Management Consulting will be hosting a workshop discussing these claims at the annual IT Leaders Africa Summit, which is being hosted at the Hilton Hotel in Johannesburg on the 10th and 11th March 2011.
The IT Leaders Africa Summit is hosting Southern Africa’s greatest minds in the IT industry. Two hundred CIOs, CEOs and CFOs will convene to participate in interactive and educational workshops hosted by fellow CIOs and leading IT solution providers from around the globe.
The IT Leaders Africa Summit is produced and hosted by Kinetic Events.
