The CFO – Information Technology Collision
March 23, 2010
No, it is not as “real media” interesting as the Google – China kerfuffle. I think for most of those involved in search and content processing the story “Australian CFOs let down by ICT and BI” has more right now implications for system professionals than posturing on a world stage. The write up makes a point that I think most azure chip consultants, mavens, and pundits slither around; namely:
Fewer than a third of Australia’s chief financial officers have the right mix of ICT and business analytics to let them swiftly recommend business responses to market changes prompted by the Henry review of taxation or an Emissions Trading System.
In sum, regulations need something and information technology cannot deliver. But there is a killer statement in the write up:
…60 per cent of CFOs were planning major changes in order to be able to better respond to change.
You don’t have to be much of a management whiz to figure out that “change” means thinking new thoughts about people, methods, and vendors.
The economic climate is uncertain and now the CFOs, if this study is spot on, have figured out that the people on whom these CFOs depend, cannot deliver.
What’s this mean for search and content processing? Some vendors will be in pickle along with other vendors and IT managers who can talk but cannot deliver. Just my opinion.
Stephen E Arnold, March 23, 2010
Nope, a freebie. I will report to the bastion of IT efficiency, the GSA, that I wrote this without any pay.
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