Financial Correctness & Architecture for Innovation

by Borys Stokalski

The last few years have scaled down many ambitious IT plans in the corporate world. The growing difficulties in achieving bottom-line objectives have increased the power of CFOs, and justifying IT expenses and technology investments has suddenly become one of the most wanted CIO skills. The good news is that this has contributed to the improvement in CIOs' abilities to evaluate their projects from the investment point of view, which certainly improves the business-IT relationship. The bad news is that many organizations have adopted investment policies that make it difficult to exploit this relationship effectively, creating a climate of "financial correctness" (as compared to"political correctness").

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Financial Correctness & Architecture for Innovation 8 October 2003