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42% of organizations say their IT department reports to the CFO - tops among all senior positions.
About 33% of IT departments report to the CEO. Just 16% report to the COO.
53% of CFOs surveyed say they'd like to have IT departments report direct to them.
18% of organizations position the CFO as the main decision maker for IT.
11% designate the CIO as the top IT decision maker.
5% of organizations say the CFO has no role in IT investment decisions.
IT's strengths, according to finance:
Understanding/working with business needs (16%), customer focus (11%).
IT's weaknesses:
Communications (14%), project management (10%).
Takeaways for the CIO:
--Understand your CFO's impact on tech decisions.
--Ensure CFO has appropriate understanding of technology.
--Communicate to CFO ways tech can achieve business value.
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