Remove CFO Remove Development Remove Information Technology Remove Innovation
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Do You Know Who Owns Analytics at Your Company?

Harvard Business Review

The CAO should be under an executive that naturally spans all of the business units that have analytical needs, such as the Chief Strategy Officer, the CFO, and the COO. However, if the CAO reports to the CMO, then other business units such as product development or customer service might not feel that they get equitable treatment.

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How CMOs Can Work with CIOs to Gain Customer Insight

Harvard Business Review

Gene Morphis, former CFO of CVS and David's Bridal suggests: "There is an interesting intersection between risk management and innovation that emerges in the CMO-CIO interface." It's up to the CEO to ensure that marketing and IT are on the same page in terms of both innovation goals and risk management.

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What If Google Had a Hedge Fund?

Harvard Business Review

The same investment logic holds for Apple's innovation ecosystem; the flow and fortune of its third-party apps development alone would yield valuable insight. But those are exactly the kinds of values conversations (privacy, exclusivity, fairness, and intellectual property) innovative organizations need to have.

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Uniting the Religions of Process Improvement

Harvard Business Review

People who have earned these belts drive projects with clear financial targets set at the top organization, with progress monitored by the CFO. Most missionaries of the BPM religion come from a heritage in information technology. What's more, the company helped develop Hammer's PEMM concept and is now training Lean managers.