Five success factors for a successful collaboration Making the relationship stronger To perform effectively and drive profitable growth in the age of the smart machine, close collaboration between finance and IT is mission-critical. We believe this collaboration hinges on the following five success factors. 1 Innovation Drive innovation through new digital technologies 2 Resourcing Shift the IT operating model emphasis from Capex to Opex 3 Risk management Manage risk exposures of new digital IT 4 Collaboration Work as peers regardless of reporting line 5 Knowledge Build the tech-savvy 6 finance function PParartnering ftnering for perfor performancormance e PParart 3: the CFO and the CIOt 3: the CFO and the CIO 3333
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