Resources
See latest resources ยป
Avoiding the austerity trap

Avoiding the austerity trap

Source:

In today's uncertain business climate, IT investment is often in the budgetary crosshairs. But in fact, now is the ideal time to upgrade existing infrastructure and invest in next-stage technologies that create value, suggests Bob Suh, a managing partner at Accenture.

Management decision making can be fairly straightforward when the economy is clearly headed in one direction or the other. When it is growing,business leaders invest to meet demand. When it is shrinking, they cut costs to meet quarterly earnings expectations.
But what do executives do when the economy has bottomed out and growth is somewhere on the horizon but not yet robust? When the obvious cuts have been made and pricing power is a distant memory, how do companies continue delivering share-holder value while they wait for vigorous growth to kick in? What will it take to achieve high performance in these uncertain times?

Download the document now 486Kb PDF

Comments: (0)

Comment resources
See all Comment resources »
The millennial mindset
/comment

The millennial mindset

Globalisation, demographic change, virtualisation, new technologies - the confluence of these drivers is forcing European banks to adapt rapidly to stay on their game and remain relevant in a world that, five years from now, will demand an entirely new way of doing business.

Thomson Reuters and multimedia
/comment

Thomson Reuters and multimedia

Learn how financial services firms are using multimedia.

Sepa - where do we stand?
/comment

Sepa - where do we stand?

The European Central Bank's Gertrude Tumpel-Gugerell, outlines the obstacles to the creation of a Single Euro Payments Area at an offsite meeting of the European Payments Council.