A friendly CFO-CIO relationship is pivotal to ensuring successful IT investments. So why are so many CFOs and CIOs butting heads?
Agreeing on the right IT projects for a company has always been a point of contention between CFOs and CIOs. While CFOs blame their technology counterparts for being too money hungry and lacking appreciation for financial concerns, CIOs argue that their financial execs are stingy and can’t see past blunt ROI data. When only 33% of CIOs believe they are seen as a “trusted partner or business peer,” we know something must be wrong.
The key to securing an effective working relationship starts with the interview process; CFOs should have an idea of what kind of CIO they would like to hire, and structure their interview questions accordingly. However, a stable relationship is only possible if both officers are willing to shift perspectives, and consider their partner’s concerns.
Because IT investment is essential to increasing business efficiency, CFOs and CIOs really need to get their act together. By teaming up, this duo can accomplish great things, and we are sure that this CFO eBook will help you do just that.
Topics in Working Well with Your CIO include:
- Why the CIO should be included on the board;
- Interview tips and questions to help select the best CIO candidate for your company;
- How CIOs are changing business;
- Patching up the CIO-CMO relationship;
- Why CFOs should encourage more IT investment, not less.