Thursday, June 4, 2009

Despite the Recession, Now is the Time for IT Leaders to Prepare for a Return to Business Growth

While the recession is still under way, now is the time for IT leaders to prepare for business growth, and organizations should aim to complete these plans by July 1 of this year, according to Gartner, Inc. This advice especially pertains to the nations that first entered the recession, such as the U.S. and the U.K.

Gartner acknowledged that many countries are experiencing ever-increasing levels of unemployment, rising home mortgage payment delinquencies and business bankruptcies while also seeing reductions in consumer confidence, business earnings and overall economic performance. However, in recent months, analysts have observed that many organizations are reporting that their staff are working at near- or full-capacity levels. This demand level will almost certainly increase when businesses start detecting a resurgence in demand from customers, a more stabilized economic climate and a far-healthier lending environment from which to access credit.

Gartner believes that the July 1 "deadline" will well serve those organizations believing that modest business growth could occur during 2010. Such a belief would require placement of new IT project and other related expenses in the 2010 budget, whose preparation period is between August and the end of 2009.

While Gartner’s recommendations call for the resolution of key preliminary cost optimization and governance-related issues before the era of business growth returns, Gartner said that it is not necessarily advocating that organizations automatically revert to the same management techniques they were using in the years leading up to the recession.

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