5 Tips For a Better CIO-CFO Partnership

By siliconindia   |    1 Comments
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

#3. Change the way you measure IT:

One of the major issues with the CFOs is on their outlook about IT department when compared to finance. CFOs think that IT industry is nothing but a short term investment process where there is no need of measuring the IT budget for future investments. A CIO in manufacturing exclaimed that “There’s a total disconnect between the way we think in IT and the way finance thinks. CFOs want control over costs, and they want IT to be in one bucket so they can measure it easily. But IT is embedded in every organization and every department and every budget, not just one. CFOs need to learn to measure IT differently than other business budget lines.”

Apple top-selling phone brand in
Moving ahead of its Chinese rivals, Apple became the top-selling phone brand during Chinese e-comm..
Gartner cites Newgen Software as
Newgen Software, a provider of Business Process Management (BPM), Enterprise Content Management (E..
Robyn Denholm is new Tesla
Electric car company Tesla on Thursday announced the appointment of Robyn Denholm, an executive at..
ATEN India Showcases its World
ATEN India, the Liaison Office of ATEN International, exhibited it's most promising data center in..