What started out as a promising year for CIOs has quickly and drastically gone off the rails. Today, most IT executives find themselves attempting to guide the train back toward the tracks as the focus has dramatically shifted from thriving to merely surviving.
With 61% of IT budgets being negatively impacted by the COVID-19 pandemic, one of the 2020’s highest priorities has become saving as much as money as possible. And while “doing more with less” is something most CIOs are adept at, finding ways to drive revenue and secure their organization’s position in the marketplace in the midst of a world health crisis is quite the unique challenge.
The key to overcoming this hurdle will ultimately lie in maximizing efficiency levels, and not just in terms of cutting costs, either. Today’s CIOs must focus strategically on changes and initiatives that will enable them to achieve the leanest operation possible while also adding value to the organization through improved services.
That being said, here are five ways to improve ITOps efficiency without compromising on quality.
Audit existing operations.
When it comes to maximizing efficiency in IT operations, doing so will lie heavily in existing policies, practices and platforms. Now’s as good a time as any to conduct an audit to identify areas of waste to eliminate and other potential opportunities for improvement. The end-goal should be having an infrastructure in place that optimizes the use of seamless, cohesive technologies so that the IT team can focus their talents and efforts on revenue-generating activities and other ways to support the business.
Be willing to trim the fat.
After several years of enjoying annual budget increases and the freedom to explore and innovate freely, many CIOs now find themselves facing budgetary cuts and a bleak spending forecast. As such, it will almost certainly be necessary to trim back some of the spending and say goodbye to poor performers, both in terms of personnel as well as technology. Where before, experimenting with the unknown was feasible, in the current climate, IT leaders must focus on projects, platforms and people that they know will deliver value. Remember – occasional pruning is necessary for growth.
Establish a dedicated vendor-management team.
Keeping on top of vendor contracts is a full-time job in and of itself. For a busy CIO with dozens of tasks on their plate, this one often drops down the to-do list. But with so much opportunity for cost-cutting and service improvements, it should be a top priority. Rather than trying to juggle this on top of the multitude of other duties, it may make more sense to delegate this function to another individual or team, either in-house or third-party. The money that can be saved through continuous monitoring and negotiations should far outweigh the expense, and the potential for improved service will be well worth the investment.
Bring automation into the fold.
Most CIOs have already embraced automation to some degree, and for good reason. The technology is capable of speeding up operations, eliminating human error and freeing up staff from routine, repetitive and time-consuming tasks. It can also prevent outages, which helps to maximize profitability. All that aside, there have been many advances in automation technology of which many IT leaders are still not taking advantage. Intelligent chatbots and virtual support agents, for example, can help alleviate the burden on the IT team while providing faster end-user service. This creates a much more efficient, productive environment.
Incorporate efficiency into the long-term scope.
While maximizing efficiency becomes a natural reactionary goal during economic downturns, the most successful CIOs view lean operations as an ongoing objective. They consistently evaluate whether the people, processes, policies and technologies they currently have in place are serving their optimal purpose and they make proactive changes whenever and wherever necessary. Simply put, achieving operational efficiency isn’t just a one-and-done task. It’s something that should become an integral and permanent component of an organization’s very culture.
Like it or not, the world around us is evolving rapidly. Without the right attention, foresight and action, many CIOs risk being left behind. The five tips above should help IT leaders simultaneously streamline ITOps and minimize costs while still driving business growth.