Budgeting and funding that enables more incremental change, reflects the realities of cloud infrastructure and drives value for the community.
Risks and opportunities
- Rapidly increasing service demands and expectations require more mature prioritisation of digital initiatives.
- Technology funding is oriented around financial cycles, limiting the ability of the organisation to develop a responsive and strategic investment portfolio.
- Lifecycle funding must be built into annual budgets and preserved to ensure critical assets are maintained.
Tomorrow and beyond will have
- Strategic evidenced-based decision making and transparent prioritisation for funding programs of work.
- A multi-year strategic approach to investment management.
- A sustainable approach to managing the lifecycle of technology asset refresh.
Key activities
- Funding model changes (single to multi-year).
- Investment aligned to prioritised outcomes.
- Delivery of Financial Sustainability initiatives.
- Committed resourcing capacity to deliver strategic initiatives.
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