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October 12, 2009 | Howard Lichtman
CIO Priorities: Accenture
by Narayanan Raman Via Sramana Mitra.com
The 'CIO Priorities' series attempts to gain insights into one of the most serious, interesting, and challenging questions facing the technology industry, which, as you might have rightly guessed, is "What are the priorities of enterprise CIOs today?" This question is serious given the constrained nature of cash flows, thanks to the economic meltdown. It is interesting because the industry is seeing a whole new wave of technological focus in the form of virtualization, cloud computing, and the like. Finally, it is a challenging question as it has no one answer given the unique circumstances in CIOs today find themselves.
In this series, I shall be summarizing my conversations with the CIOs of leading enterprises and discussing their priorities through separate articles. I decided to start with technology-focused consulting companies, because it is through these companies that we can obtain insights into both the priorities of their internal IT as well as the priorities of their clients through each company's consulting lens. In this article, I talk with Frank Modruson, the CIO of Accenture.
Frank categorizes his priorities into two camps: effectiveness and efficiency. According to Frank, effectiveness is about starting and doing something game-changing, while efficiency is about doing things efficiently in terms of cost and scale. Companies usually try to strive for efficiency at the start, and then get to effectiveness because the efficiency quest focuses directly on cost, and hence its impact on the bottom line is seen more quickly. Effectiveness requires initial spending into something game-changing, where one realizes gains later in time, but saves more on a net basis.
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