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Are CIOs Accountable for IT Cost? | The Practical CIO

Are CIOs Accountable for IT Cost?

Obviously they should and some clearly are, but several act like they are not. Frankly I question if some CIOs have the financial background to reduce/manage IT cost. In order to manage cost there it is necessary to fully understand how costs are booked, how cost reduction or cost increment actions hit the bottom line. Something that looks simple can become complicated when you think about investment and expenses.

IT is everywhere and so is the IT cost. Sometimes a significant part of the cost is not under the control of the CIO. In other situations the Finance group gets involved preparing budgets and estimates and all of this creates the feeling that that nobody is accountable. Obviously you cannot manage without clear responsibility and accountability.

Let me know what you think…