The In-House Gatekeeper That Helps CIOs Move digital Initiatives Forward | The Manila Times

DIGITAL transformation is top-of-mind for many organizations, and if it isn't, it must be — solely 15 p.c of corporations prioritized it heading into 2020, however that quantity is beginning to speed up. Most often, the duty to maneuver these efforts ahead falls on the shoulders of CIOs, IT leads and their respective groups. Some organizations are clearly additional alongside of their digital transformation journeys than others, so what's it about these CIOs that enables them to maneuver these efforts ahead?

Whereas there are undoubtedly many variables that think about, there's one commonality that many of those CIOs share: A powerful partnership with a CFO who understands the intrinsic worth that digital transformation might convey to the group. CFOs actually agree — a current Dimensional Analysis survey discovered that 80 p.c are bullish about digital transformation, and a full 92 p.c consider that an incredible relationship with their CIO counterpart is essential to enterprise success.

A basis of success

As expertise continues to speed up, so does the function that CFOs play inside a corporation — they will need to have a strong understanding of their clients and markets, in addition to expertise's function in connecting with them. This creates a necessity for nearer collaboration between IT and finance departments, with the CIO-CFO relationship proper on the prime.

With digital transformation excessive on the checklist of priorities for many CFOs, a powerful CFO-CIO partnership is extra invaluable now than ever earlier than. However it's a two-way road: monetary decision-makers ought to study the language of expertise,

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