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Pocket CIO - The Guide to Successful IT Asset Management by Phara Estime McLachlan

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Get funded in a bad budget year

During the 2008 financial crisis, enterprise IT groups worldwide had a dire warning and expectations of a great budget reduction. This is no surprise, as any bad year for a company or even an industry leads to decreased funding. During any crisis year, the business case for ITAM must be compelling and relevant.

The following are some steps that best demonstrate the value of that IT improvement business case:

First, avoid focusing solely on financial savings. In a squeezed budget year, it would seem natural for IT managers to promote the direct and indirect savings that are expected from the project. Although outlining the savings is absolutely expected, focusing on that one goal may reduce your chances for ...

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