Saturday, December 11, 2010
Who's More Important to the Firm? The CIO or CFO?
I saw a question this morning asking which position has more influence over the firm. It depends on the firm. Ten years ago we saw a large portion of CIO's which reported to the CFO. Now with the IT transformation to a to a business enabler we are seeing CIO's report to the CEO. When the CIO reports to the CEO and has a "seat at the table" then they are more influential than the CFO. This is simply because they have created the notion of trust with the executives which then usually translates to the firm believing in the value which technology can bring to their competitive advantage. Rarely will the CFO hold a position where they are bringing a competitive advantage to the firm but often you will see this with the CIO. The caveat of course is that the CIO needs to be a business oriented partner and not your traditional CIO.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
What Makes Your Product Valuable? Journey on the Value Stream - Part 3 on Organizational ImprovementIn our previous discussions I introduced concepts around how to start organizational change from a com...
-
Large and small corporations, both in high-tech and traditional industries, now owe most of their value to inves... -
Let me first define what this post isn't. This post is not arguing that you should not lean up through automation (Although Deming wou... -
Have you ever heard someone say "Well we need to change the culture to fix that?" All to often when an organization is beginning...
-
I n my previous blog post Waste Is Everywhere and It Starts With You I discussed that constructing enterprise transformations are dif...
-
Part four of this blog series on initiating change in the organization through Future State Mind Mapping and the e...
-
Arguable one of the greatest wastes in corporations past and present is the gross underutilization of people’s talents skills and knowled...
-
The proliferation of process methodologies has not only made the traditional form of managing more uncertain, but has greatly increase... -
Five years ago, less than 25% of business leaders rated their organization ’s IT function effective at delivering the capabilities the... -
When Edward Deming, the Grandfather of Quality, taught his methods to the Japanese in the 1950's, he was working with a group that had...
Both positions are important but nowadays in many companies , mine included the CIO is under the CFO at the organization chart.
ReplyDeleteThe main function of this kind of structure is to control the "huge expenses" from the IT department.
The big issue is not the position of the CIO , the bif issue is to convince that the money required by IT is not an expense , is an investmet.....