CFOs and IT: finding the right place.
Financial Executive › Vol. 19 Nbr. 9, December 2003
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Summary
IT spending - Chief financial officers
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CFOs and IT: finding the right place.
When the economy takes a prolonged nosedive, financial executives not only have to decide if there's fat to be trimmed, but also where to trim it. As a result, technology budgets are sometimes slashed without much strategic forethought.
Woo Song, CFO, chairman and cofounder of Intrasphere Technologies, headquartered in New York and with international operations in London, says that while all organizations are struggling to strike the right balance among value, cost and risk with regards to strategic IT spending, most miss the mark. "People understand and want to be strategic in IT spending," ...See the full content of this document
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