Content thumbnail Partnering for Performance Part 3

Establishing information strategy, architecture and processes Key findings about information management strategy: The need for more accurate, available and accessible data is the number one driver of closer collaboration between CFOs and CIOs. Less than half (49%) of CFOs say that they make a significant contribution to information strategy, architecture and processes. But this is the IT-related activity in which they say they most need to make a bigger contribution. Only 55% of CFOs say that there is significant or complete alignment between the finance and IT agendas on data. Four success factors for CFO-CIO collaboration on information management strategy: 1 Swap seats 2 Commit to creating a single version of the truth 3 Be clear about accountability for data 4 Adopt a business-led approach 4 Partnering for performance Part 3: the CFO and the CIO 22

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