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- W636855475 abstract "In many firms, chief information officers (CIOs) are emerging as key strategists and confidants to corporate chiefs. For some companies, that change includes a shift of the information technology (IT) functions away from the financial department and the hierarchy of reporting to the chief financial officer. More than 80% of senior financial executives of construction firms surveyed among the Fortune 1,000 firms say that CIOs now report to them. Many CIOs say that the importance of the corporate reporting relationship pales beside the commitment of the company's chief executive to IT. In construction, the IT function is still struggling for respect. Experts say that IT must be part of the corporate strategic plan to be effective. As technology has moved light-years past office automation, most firms concede the need for measuring the return on investment for technology. They also concede how difficult it can be. In the end, regardless of where firms report spending the IT dollars, being at ease with the choices made is still elusive. New technology has a lot of risks. Regardless of this risk, many firms say that embracing and growing with technology is the cost of doing business." @default.
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- W636855475 date "1998-10-26" @default.
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- W636855475 title "BYTES, BUCKS, AND BIG PICTURES" @default.
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