Cloud Wars Live with Bob Evans

The Digital CFO: an Action Plan | Sadin on Digital


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The Big Themes:

  • Accenture ransomware: Accenture’s response – they quickly detected, defended, and repaired. So far, it appears to be only a low-value material leaked.
  • The New Digital Edge: McKinsey article rethinking strategy for the post-pandemic era. “By 2023, most companies will need to build new digital businesses to stay economically viable.”
  • Talking to CFOs: 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?
  • What should happen: CFO should tell the CEO, ‘no thanks!’ CFOs and the CIOs make a more powerful team – even better as peers.

 

The Big Quotes:

“Accenture also said none of our confidential material was leaked.”

 

“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.”

 

“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.”

 

“Walter Wriston, the founder of the organizer of Citibank, said information about money is as valuable as money itself.”

 

This episode is brought to you by BMC Software.

 

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Cloud Wars Live with Bob EvansBy Bob Evans

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