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Stories by Paul A. Strassmann

Opinion: Era of expansion ends: time for restructuring

We are at the end of an era in which the objective for IT managers was to acquire as many IT resources as possible. From now on, we'll have to squeeze as much value out of IT budgets as rapid restructuring will allow.
In the past 20 years, CIOs have thrived on expansion. Future CIOs will have to cope with meager dollar growth. They'll survive by rethinking how they spend the money in their budgets. The current allocations to hardware, software and services will have to shift because asking for substantial additional funds will be unacceptable. CIOs will have to be frugal about how they spend money and allocate the spending differently.

Written by Paul A. Strassmann13 Aug. 03 22:00