Sunday, August 24, 2008

CFOs and CIOs speak a different language


Research shows that CFOs fails to communicate effectively and CIOs lack understanding of business strategy

A new study has revealed that chief financial officers feel their IT colleagues lack understanding of the business strategy, whilst chief information officers find that the finance department fails to communicate goals effectively.

The survey of more than 130 senior finance professionals and IT executives across Europe, titled 'Are CFOs from Mars and CIOs from Venus?', found that the pressure is increasing on both parties to share the same agenda, but that neither group is clear about how best collaborate in order to add value to the business.

See full Article.