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How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

Today, however, the vast proliferation of software and hardware components in our business environment have made patch management a complex, time- and resource- consuming necessity, critical to the cybersecurity of a business’s network. How would your CFO or CIO handle this? and security penetration. An excerpt is below.

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Why Can't a CIO Be More Like a CFO?

Harvard Business Review

But it should be the CIO''s job. It''s time for CIOs to move beyond their roles as chief technology officers, and embrace the name with all of its implications: Chief Information Officer. The time is ripe for CIOs to take a page from the CFOs'' playbook to ensure both accountability and responsibility for information creation.

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Today's CIO Needs to Be the Chief Innovation Officer

Harvard Business Review

Enterprise IT as we have known it is rapidly becoming obsolete, and the traditional role of the CIO is increasingly irrelevant. Therefore, the CIO''s role must shift from protecting and defending the status quo to embracing and extending new innovative capabilities. Of course, not all CIOs will embrace their new role.

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How to Get on the Shortlist for the C-Suite

Harvard Business Review

One CFO I know managed finance for a spin-off firm when it went public and then returned to the parent company in a corporate position. Another CFO led finance for multiple units so he could gain a breadth of knowledge across the business before becoming the corporate CFO. Most companies have a distinct culture.

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It's Harder than Ever to Be a Senior Executive

Harvard Business Review

The CIO has to know what's going on in finance and marketing, for instance, and P&L experience is important even for support functions like human resources. So, for instance, if you want a top finance job it's not enough to be the best CFO in the U.S.; you have to be the best CFO in the world. You have to be constantly learning.

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Engaging Shoppers with Intelligent Stores

Harvard Business Review

Create an IT environment based on the "shopper architecture." Research has linked high associate attrition with a poor technology environment. Doing this right will allow the CFO to keep the store as an asset on the balance sheet, not a liability — a move shareholders would surely reward. Big difference.

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Prevent Your Star Performers from Losing Passion for Their Work

Harvard Business Review

I call this phenomenon “executive brownout” and the details of El-Erian’s departure (not to mention more recent reporting on the conduct of his co-CIO Bill Gross, who has also since resigned) only confirmed my opinion that he was very likely suffering from it. Ten years later, he was the global CFO of his firm.

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