CIOs: Nurture IT's Relationship With Your CFO

CIOs have been trying to pull away from their CFOs — trying to get beyond their historical relationship that was focused on cost. But increasingly, CIOs and CFOs need to work together, addressing enterprisewide issues like process optimization and risk management, figuring out how to succeed with emerging new business models like Digital Business Networks, and improving IT's value realization. The steps CIOs should take fall into two categories: addressing IT's responsibility to the finance organization and enhancing the CIO's role as a change agent.