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

Harvard Business Review

They fulfill this role by delegating responsibility and establishing control systems such as budgets, directives, audits, and oversight to drive fiscal compliance. CIO''s are commonly accountable only for information in the middle of its lifecycle (storage, security, and availability), and their control systems reflect this.

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

Harvard Business Review

We recommend zero-based budgeting and planning to make the choices clearer. This also helps get over the dilemma that companies often face when they are making cuts: Should they eliminate the work and then reduce the budgets that allowed these costs, or should they shrink the budgets to squeeze out the unnecessary work?