{"id":355654,"date":"2025-05-29T23:58:55","date_gmt":"2025-05-29T18:28:55","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=355654"},"modified":"2025-05-29T23:59:12","modified_gmt":"2025-05-29T18:29:12","slug":"finance-teams-must-work-to-ensure-that-any-cuts-drive-competitiveness-and-resilience","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/finance-teams-must-work-to-ensure-that-any-cuts-drive-competitiveness-and-resilience\/","title":{"rendered":"Finance Teams Must Work to Ensure That Any Cuts Drive Competitiveness and Resilience"},"content":{"rendered":"<div class=\"globalsite cmp-globalsite-columncontrol aem-GridColumn aem-GridColumn--default--12\">\n<section class=\"column-control grid-norm no-top-bottom \">\n<div class=\"row xs-flex-direction-column sm-flex-direction-column\">\n<div class=\"col-lg-9 col-md-8 col-sm-12 col-xs-12 \">\n<div class=\"aem-Grid aem-Grid--12 aem-Grid--default--12 \">\n<div class=\"globalsite cmp-globalsite-heading aem-GridColumn aem-GridColumn--default--12\">\n<div class=\"grid-norm rmg-t32 mg-b16 margin-top-bottom\">\n<p class=\"h2 default headingRuleDefault\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">Gartner Survey Shows Half of C-Suite Executives Considering Cuts in Their Function in the Second Quarter of 2025<\/span><\/strong><\/p>\n<\/div>\n<\/div>\n<p class=\"article-text grid-norm margin-top-bottom mg-t16\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">Half of C-suite executives are considering cuts to their function in the second quarter of 2025, in anticipation of continued disruption of supply chains, decreased consumer demand and inflation, according to a poll by Gartner, Inc.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<div class=\"globalsite cmp-globalsite-columncontrol aem-GridColumn aem-GridColumn--default--12\">\n<section class=\"column-control grid-norm no-top-bottom \">\n<div class=\"row xs-flex-direction-column sm-flex-direction-column\">\n<div class=\"col-lg-9 col-md-8 col-sm-12 col-xs-12 \">\n<div class=\"aem-Grid aem-Grid--12 aem-Grid--default--12 \">\n<article class=\"article-text grid-norm margin-top-bottom mg-t16 rmg-b32\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">In a Gartner March 17, 2025,\u00a0webinar poll\u00a0of more than 600 corporate executives and business leaders, 58% of respondents anticipate supply chain disruptions in 2Q25 due to tariffs. Additionally, 42% are bracing for reduced demand, while 41% expect accelerated inflation to impact their operations.<\/span><\/p>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">&#8220;Organizations are navigating unprecedented levels of uncertainty, and our survey reveals that many are taking proactive steps to adapt,&#8221; said\u00a0<strong>Alexander Bant, Practice Vice President, Chief of Research for the\u00a0Gartner Finance practice.<\/strong> \u201cCFOs and their teams must ensure that steps taken to help guide cost cuts are done in a measured way that doesn\u2019t impact resilience and long-term performance.\u201d<\/span><\/p>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">In response to these scenarios, C-level executives are considering a range of strategic actions (see Figure 1). Nearly half (of respondents plan to reduce budgets and spending to safeguard their financial health amid economic uncertainty. Flexibility and adaptability are key themes, with 38% focusing on dynamic changes to their products, go-to-market strategies, or geographic sales mix.<\/span><\/p>\n<\/article>\n<section class=\"wrapper stack-16-top grid-norm left \">\n<div class=\"heading-container\">\n<h5><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">Figure 1: As a result of the economic impact and uncertainty of new U.S. Federal Policy Changes, which of the following response actions are you planning to take in Q2? (select all that apply)<\/span><\/h5>\n<\/div>\n<div id=\"img-45c56556-4a87-4cc4-9385-61a5bdf8599d\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\"><img decoding=\"async\" class=\"img-responsive lazyloaded aligncenter\" src=\"https:\/\/emt.gartnerweb.com\/ngw\/globalassets\/en\/newsroom\/images\/graphs\/2025-05-06-response-actions-graphic.png\" alt=\"[Image Alt Text for SEO]\" width=\"850\" data-src=\"https:\/\/emt.gartnerweb.com\/ngw\/globalassets\/en\/newsroom\/images\/graphs\/2025-05-06-response-actions-graphic.png\" \/><\/span><\/div>\n<div class=\"caption-container\">\n<p class=\"p-small\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">Source: Gartner (May 2025)<\/span><\/p>\n<\/div>\n<\/section>\n<div class=\"grid-norm rmg-t32 mg-b16 margin-top-bottom\">\n<h3 class=\"h4 default headingRuleDefault\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">Operational Flexibility<\/span><\/strong><\/h3>\n<\/div>\n<div class=\"globalsite cmp-globalsite-articletext aem-GridColumn aem-GridColumn--default--12\">\n<article class=\"article-text grid-norm margin-top-bottom mg-t16 rmg-b32\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">In the face of these economic pressures and a rapidly evolving technology landscape, operational flexibility is integral to maintaining resilience and driving growth. Drawing from the practices of efficient growth companies, Gartner emphasized three tactics and mindsets that finance leaders can implement to enhance operational flexibility:<\/span><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">1)\u00a0\u00a0\u00a0\u00a0<strong>Cut to reduce spend:<\/strong>\u00a0Efficient growth companies emphasize the importance of adaptable resource allocation to swiftly respond to market changes and technological advancements, reallocating resources in real-time to high return areas, such as emerging technologies and market opportunities. This flexible budgeting ensures investment growth and innovation-driven opportunities.<\/span><\/p>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">2)\u00a0\u00a0\u00a0\u00a0<strong>Optimize performance:<\/strong>\u00a0Operational flexibility is reinforced by finance teams that use agile decision-making processes that can quickly adapt to external pressures. Fostering a culture of experimentation and rapid decision-making empowers innovation, while continuous learning and development initiatives ensures resilience and forward-thinking for new challenges and opportunities.<\/span><\/p>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">3)\u00a0\u00a0\u00a0\u00a0<strong>Invest in future sources of value:<\/strong>\u00a0Adopt a strategic approach to cost management that focuses on differentiating, enabling, and commoditizing costs. By identifying and accelerating differentiating costs that enhance competitive advantages, finance teams can ensure resources are directed toward capabilities that fuel revenue and profit growth. Minimize commoditizing costs through automation and standardization to enhance operational flexibility, and support critical growth areas in a changing economic environment.<\/span><\/p>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gartner Survey Shows Half of C-Suite Executives Considering Cuts in Their Function in the Second Quarter of 2025 Half of C-suite executives are considering cuts to their function in the second quarter of 2025, in anticipation of continued disruption of supply chains, decreased consumer demand and inflation, according to a poll by Gartner, Inc. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14083],"tags":[37395],"class_list":{"0":"post-355654","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-technology-industry-news","7":"tag-finance-teams-must-work-to-ensure-that-any-cuts-drive-competitiveness-and-resilience"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/355654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=355654"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/355654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=355654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=355654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=355654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}