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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.

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Can You "Re-Anchor" Your Next Budget Meeting?

Harvard Business Review

Many management techniques attempt to overcome this challenge. Zero-based budgeting is one such technique, but it is a time-consuming approach that cannot be used systematically. Position the model as a second anchor. Now you can use the model's output, not to make decisions, but to challenge the status quo.

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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. For example, large biopharma companies compete in many categories and tend to accumulate an array of follower positions. We recommend zero-based budgeting and planning to make the choices clearer.