There’s a good Knowledge@Wharton interview with Mark McDonald, head of Gartner Executive Programs on the top of CIO as full business partner at http://knowledge.wharton.upenn.edu/article.cfm?articleid=1828 Also in the interview are Michael Shannon, CIO for Dechert LLP and Tony Habash, CIO for the APA.
In the interview, we learn that CIO’s have several priorities to balance:
- delivering technology that improves business performance
- help drive competitive growth
- enable operational efficiency
- contribute to and be the backbone for executing corporate strategy
One way to deliver on all of the CIO’s strategic priorities is to implement a unified management operating system using xPM.
These are the processes and technologies required to enable a closed-loop environment that delivers on the following promises of xPM:
1. “Believability” in the numbers, and confidence in reporting
2. Visibility into assumptions and accurate expectations
3. Anticipate business scenarios, reconcile them with reality
4. Meaningful Enterprise Plans
5. On-demand, “bright-line” visibility into results, variances, trends
6. A backbone for continuous improvement & the learning organization
7. Traceable, auditable, defensible answers
8. Connects strategy to execution
xPM is a proven way to align technology & process with the needs of the business. It's one of the keys to helping establish the CIO as a full business partner.
By the way – if you don’t already subscribe to Knowledge@Wharton, you should. It’s free, it’s very useful and it’s at http://knowledge.wharton.upenn.edu/signup.cfm
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