Mission Impossible: Balancing Cost Reductions and Risk Mitigation

CPOs have a monumental decision to make as they sit down to shape their tech road map. What will their Number One Priority be – Cost Reduction or Risk Management and Mitigation? A commitment to one or the other must be made. A balance can be achieved, but a CPO will struggle to “win” at both, and prioritise both equally.  

What then follows will be a 3 to 5 year tech Road Map – depending on where Cost Reduction and Risk Mitigation sit on your radar, your Road Map will look quite different. So having clarity early regarding the balance of these two massive priorities is paramount. 

You are invited to join our webinar where Olivier Berrouiguet, CEO, Synertrade and Amy Fong, Partner, Everest Group will help you understand your options and energize you to design a 3 - 5 year road map and stick to it.

We will also discuss: 

• Why most S2P tech plans fail to reach their end-state
• The forces working against a CPO - where a CPO underestimates possible challenges
• Why 1 in 2 CPOs feel they are underfunded compared to other functions
• How CPO reporting lines can influence effectiveness
• What CPOs expect from tech
• What a "balanced" approach looks like, and is compromise the anathema
• How a Digital Plan is very different from a Tech Plan
• How to build flexibility into your plan so you can absorb new technologies that didn't exist during your design phase

This webinar is based on up-to-the-minute data provided by two Everest Group Research studies. Watch the webinar below: