by CIO Staff

Maintaining Resources by Leveraging Best Practices

Aug 15, 20031 min
IT Leadership

CIO 100 honorees took major hits since the boom times of 2000…

31% Have suffered revenue declines.

66% Cut IT budgets by an average of 9 percent.

72% Slashed IT payroll by an average of one-third.

72% Will not hire IT employees in the next 12 months.

…but they’ve maintained resources by leveraging these most-cited practices.

86% hold users accountable or share responsibility with business sponsors for project payoffs.

86% have a formalized process to identify IT assets that can be reused, repurposed or retired.

78% use governance procedures to consider and approve resourceful ideas in three months or less.

75% collect IT projects in a portfolio for better management oversight and investment decision making.

65% regularly conduct post-implementation audits for major projects.