Digital transformation is a buzzword that’s fun to say hard to grasp. As more and more organizations embark on these technological journeys, are they really being led by the proper steward?  Rich Penkoski, the CEO of Markets for Deloitte Consulting, believes that in order for companies to have a smooth transition,you have to think of it as  a process that involves two key members of the C-Suite. On this episode of IT Visionaries Rich discusses why the CIO and CFO need to play an important role in any digital journey, and how the relationship between those roles continues to evolve. Plus, he digs into the acceleration of the digital agenda brought on by the COVID-19 pandemic.

Main Takeaways

• A Growing Bond: The relationship between the CIO and CFO continues to grow in importance, especially when it comes to finding creative solutions to manage ROI while finding agile solutions
• Roads? Where We’re Going We Don’t Need Roads: The pace at which companies are being forced to implement digital transformations has been expedited. Because the process has been sped up, there is a tremendous burden being put on access to capital.
• Apple Easy, Google Fast:  IT professionals must now perform their work under the assumption that software must be easy and fast. Because of this new mindset, IT professionals must have a broader understanding of the profession, while being able to freely move across technologies.

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