Seven Major CEO Concerns CIOs Should Address - Slide 3

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Most CEOs are pleased that their radical cost-cutting programs instituted in 2009 ran ahead of falls in demand, so that their businesses generated the surplus cash they needed to deal with these uncertain times. Now they are faced with the need to invest in growth at the same time as maintaining healthy cash surpluses as a hedge against the bouts of high business volatility the financial crisis aftershocks continue to generate.

“CEOs will be far more interested in IT project business cases that directly drive cash measures,” Mr. Raskino said. “To properly align IT's contribution to the most pressing of current business concerns, CIOs should ensure that among the projects they are pursuing, the contribution to cash generation and cash flow acceleration is visible. This may require focusing attention on the issue with your management teams and changing the weightings on cash-related criteria in portfolio prioritization.”

With the increased reliance on IT from business leaders, it’s important for CIOs to understand the concerns of CEOs and the implications they may have on IT. Gartner analysts have outlined the seven major concerns from CEOs that CIOs should address.

“Business leaders see very uncertain times ahead in 2011, and they must defend growth despite falling business and consumer confidence,” said Mark Raskino, vice president and Gartner Fellow.

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