CFO-CIO Teamwork Key To IT Spend Results: Gartner
CIODIVE, Friday, June 9,2023
Effective CFO-CIO communication is essential for organizations seeking to avoid the potential pitfalls of major technology investments, according to Gartner analyst Emily Riley.
A survey conducted by Gartner in December 2021 found that strong CFO-CIO relationships were 51% more likely to easily find funding for digital initiatives, 39% more likely to keep digital spending in line with a budget plan and 18% more likely to achieve intended business outcomes.
However, only 30% of CFO-CIO relationships were viewed as strong partnerships.