The premise of this article in E-Commerce Times is that the CFO is so responsible for organizational data (i.e., compliance) that, in some shops, s/he might as well run all of IT. Wow! I'm not sure where this "consensus" referenced is coming from, but I have not encountered this. We've come so far in terms of legitimizing the CIO position away from being pure support of any department and/or reporting to the CFO. Most CIOs are peers of CFOs.
Despite the obvious importance of Sarbanes-Oxley, I don't believe this is a trend. CIOs must be sensitive now to not only internal knowledge worker clients supporting customer needs, but to internal compliance requirements. This is a natural step for most CIOs. The position has developed strong business acumen over the years and should be able to work closely with the CFO to deliver on compliance requirements without the entire function going under the CFO.
Posted November 21, 2005 8:23 AM
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