Are CFOs Pushing Out CIOs?

from the not-good dept

How hard is it to balance both sides of a cost-benefit equation? Why does it seem that so many people can only look at one side? During the boom years, when tech spending was crazy, people were only looking at the supposed “benefit” (and even then, not too closely) of spending on technology. The costs never seemed to matter. So, if you were spending $1 for every $0.10 of benefit, no one seemed to question things. Since then, however, things have shifted over to the other extreme, where the only thing companies seem interested in is the “cost”. The latest example of this is the notion that the CIO is a doomed position and all technology decisions are going to be made by the CFO. I believe many techies reading that sentence just cringed. CFOs understand the cost side of things, but (usually) aren’t knowledgeable enough to understand the benefits. Admittedly, many CIOs tend towards the other direction. However, there does need to be a clear balance. Spending should be justified – but it shouldn’t just be about costs. Those who understand the costs and the benefits should get together and weigh both sides to make IT spending decisions.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Are CFOs Pushing Out CIOs?”

Subscribe: RSS Leave a comment
1 Comment

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...