Description:
Does it seem like the IT function is taking more of your time than ever before? Do you wonder if IT is a sunk cost? CFO Magazine surveys indicate that financial executives are spending nearly 20 percent of their time dealing with IT concerns, an increasing allocation of time.
This increase in dealing with IT concerns comes at a time when the financial executive job continues to take more accountability in almost every company. These roles include balancing growth, risk, performance, collaborating with sales and operations, increasing regulatory requirements, strategic planning, budgeting, reporting, and a growing role in representing the company to key external stakeholders. If a significant amount of time is spent fighting IT fires without a defined mechanism or metric to ascertain its value to the organization, then this paper provides a solution.