Cutting costs in IT while still moving forward with digital initiatives is not for the faint of heart. On the heels of transitioning staff to working remotely for the long haul, now many CIOs are being tasked with reducing budgets in an uncertain economy.
“It’s a difficult dance,’’ admits Kristin Myers, who was recently appointed executive vice president, CIO, and dean for information technology at Mount Sinai Health System. “It doesn’t mean while you’re cost cutting you’re not investing in these other areas, like digital.” One of a CIO’s most important tasks is to scrutinize application portfolios, reprioritize initiatives, and make investments in areas that will meet business objectives and add the most value, she says.
To read this article in full, please click here
(Insider Story)
Read More from This Article: The CIO’s cost-optimization playbook: 7 tips for tight times
Source: News