158 • IT's ALL about the PEOPLE
negotiable), our CIOs and CTOs expect their vendors to assist their plans
to migrate from one delivery model to another.
is section on advanced vendor management was distilled from inter-
views with CIOs and CTOs in the toughest economic trenches we’ve seen
in decades. What are the takeaways?
• All existing vendor contracts should be renegotiated. is can be
awkward, but it’s opportunistic and likely to yield cost savings even
from your best vendors. Continuous contract review in the form of
o-ramps and frequently scheduled performance reviews is the way
to proceed for the foreseeable future.
• Subsidies should be expected and programmed: explicit discussions
about subsidy expectations should be conducted. ...