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Trading Places: Managing CIO/CFO Mindsets Through Hypothetical Role Reversals and a "Systems Thinking" Approach

Publisher IDC
Published Aug 30, 2023
Length 8 Pages
SKU # IDC18161581

Description

Trading Places: Managing CIO/CFO Mindsets Through Hypothetical Role Reversals and a "Systems Thinking" Approach


This IDC Perspective discusses how to manage CIO/CFO mindsets through hypothetical role reversals and a "systems thinking" approach. The concept of switching a CFO with a CIO and vice versa is a bit absurd, but the leadership capabilities, teaming behaviors, business acumen, and strategic thinking required for both roles are remarkably similar. When seeking to make organizations run as smoothly as possible, the ability of these two positions to coordinate their actions and intentions is vital for providing sustained business outcomes. To operate best, consider systems thinking to provide them a common problem-solving language."In today's highly complex world, it is often difficult to determine the best solution to large seemingly intractable problems. Reaching into the not-so-recent past to pull out systems thinking to make sense of them may seem counterintuitive. But my reasoning is sound because these archetypes seek to make sense of the complex through collaboration as well as debate to think through the most important elements for changing the complicated into realistic choices and decisions." — Bill Latshaw, lead researcher, Worldwide Business Consulting Services at IDC

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
Situation Overview
What Switching a CFO to Become the CIO and CIO to CFO Would Mean
Cultural Change
Short Case Example
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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