article thumbnail

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

Harvard Business Review

Because no one is managing the store. At the same time, technology budgets are static or contracting, and non-IT execs want more attention to cost-cutting. They fulfill this role by delegating responsibility and establishing control systems such as budgets, directives, audits, and oversight to drive fiscal compliance.

CIO 8
article thumbnail

Your Organization Wastes Time. Here’s How to Fix It.

Harvard Business Review

Organizations waste too much time - see how Bain helps them manage it like money in this 10-minute video slide deck. We recommend zero-based budgeting and planning to make the choices clearer. This is why we find a zero-based approach preferable. Related Video. Your Scarcest Resource.