Who Decides?By Baselinemag | Posted 2005-05-23 Print
Since CEOs began stepping up their demands that information-technology initiatives should (a) serve clear business goals and (b) generate a return on any investment made, CFOs and heads of business units have become closely involved in picking the critical projects to undertake. CEOs are part of that process less than a third of the time.
Who Makes the Final Decision For the Most Critical Technology Initiative in 2005?
Job Title - % of Respondents
CIO - 22.4%
CEO - 21.4
President/COO - 14.8
CFO - 9.7
Business unit lead executive - 6.5
VP, I.T./IS - 6.3
Director, I.T./IS - 5.6
Chief technology officer or Chief security officer - 4.1
Executive or Senior VP - 3.7
Departmental business manager - 2.4
Other - 3.5
Who's Involved in the Financial Decision To Approve the Most Critical Technology Initiative in 2005?
I.T. Management - % of Respondents
CIO - 57.7%
Director, I.T./IS - 47.6
VP, I.T./IS - 38.9
Chief technology officer
Chief security officer - 25.1
Corporate Management - % of Respondents
Business unit lead executive - 48.3%
CFO - 45.4
Departmental business manager - 42.2
CEO - 30.5
President/COO - 29.8
Executive or Senior VP - 21.5
58% of CIOs are involved in the financial decision to approve critical technology projects
21% of CEOs make the final decision for the most critical technology initiative
45% of CFOs are part of the financial approval process, but just 10% have final sign-off
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