The Digital CFO: an Action Plan | Sadin on Digital

<p>The Big Themes:</p><ul><li><strong>Accenture ransomware:</strong> Accenture’s response – they quickly detected, defended, and repaired. So far, it appears to be only a low-value material leaked.</li><li><strong>The New Digital Edge:</strong> McKinsey article rethinking strategy for the post-pandemic era. “By 2023, most companies will need to build new digital businesses to stay economically viable.”</li><li><strong>Talking to CFOs:</strong> After talking with several CFOs since the last episode, I think it’s time for some changes. Why does IT report to the CFO at so many companies?</li><li><strong>What should happen:</strong> CFO should tell the CEO, ‘no thanks!’ CFOs and the CIOs make a more powerful team – even better as peers.</li></ul><p> </p><p>The Big Quotes:</p><p>“Accenture also said none of our confidential material was leaked.”</p><p> </p><p>“And you know that whole 19th century model of the green eyeshades and the rolled-up sleeves at the desk – that world has changed, and we've got to recognize it.”</p><p> </p><p>“So go back 50, 60 years, the first people that put technology and the first computers went in the 1950s – that's 70 years ago.”</p><p> </p><p>“Walter Wriston, the founder of the organizer of Citibank, said information about money is as valuable as money itself.”</p><p> </p><p>This episode is brought to you by BMC Software.</p><p> </p>