Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

From Chaos to Control - Episode 5

Name: From Chaos to Control - Episode 5
Uploaded: 2023-10-14T15:00:29+00:00
Duration: 58 s
Channel: Mike Austin
Description: Mike Austin argues that a well-structured framework enables proactive decision-making by clarifying accountability and responsibility, allowing…

14 Oct 2023 · 1 min

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Mike Austin argues that a well-structured framework enables proactive decision-making by clarifying accountability and responsibility, allowing organizations to anticipate issues (e.g., reserve capacity shortfalls) and act in advance. He uses cloud reserve capacity and spend optimization (AWS/Microsoft) as examples, and says these practices reduce waste and improve business agility to adapt to environmental and economic changes.

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So the benefits of having a well structured framework is that, you know, you basically can are able to get into proactive decision making, right? So I can look at what's happening in the environment, I can figure out who's accountable for it, who's responsible for it, and we can make decisions in advance of things happening. Right? So if we know, for instance, that our reserves are, you know, getting to the point where we're running out of reserve capacity, we might be able to predict when we should reserve some more. Right. Or adversely, we're not utilizing those reserves anymore because something's changed in the architecture. How do we go back and trade those back in? Because, you know, AWS and Microsoft does give you some ability to do that, right? We're going to start optimizing the spend, right? So minimize the waste, ensure that we're using our dollars effectively and then we're going to have that improved business agility where we can adopt quickly and, you know, adapt to things that are going on in the environment, the economy, etc.