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Should the CIO/CTO report to the CFO?

I think a lot of technology projects are now being driven out of the CFO’s office, so how do we decouple? CFOs are focused on the spend piece. That's a success metric for them: Can we deliver this project on time, on budget, etc. Alignment with the rest of the business isn’t at the actual core of their success metrics.

Anonymous Author
I think a lot of technology projects are now being driven out of the CFO’s office, so how do we decouple? CFOs are focused on the spend piece. That's a success metric for them: Can we deliver this project on time, on budget, etc. Alignment with the rest of the business isn’t at the actual core of their success metrics.
4 upvotes
Anonymous Author
When you're the CIO or a CTO and you're driving this organization, you're focusing on increasing the intrinsic value of the company and the extrinsic value that the company provides. The CFO needs to focus on containing costs and ensuring things are stable. So those roles are in conflict with each other. And as a CIO/CTO you would obviously have a tumultuous relationship with your supervisor if you report up to a CFO.
4 upvotes
Anonymous Author
I have been a CIO reporting to the CFO. IT was always a cost cutting machine and hence a cost center. I see this same thing with every IT shop where the CIO reports to CFO. CIO has to report to the CEO. This to me is not debatable. For the CTO … it the role is product focused (core for company) then again report to the CEO. If this is a IT focused CTO then reporting to the CIO.
4 upvotes
Anonymous Author
The CIO/CTO should report to the CEO, COO or in our case the City Manager. The CIO should have a great relationship with CFO, which we do in our case, but we are touching all of the departments and we need the buy-in from the top executive
4 upvotes
Anonymous Author
Nope
3 upvotes
Anonymous Author
No. The CIO needs to have a good working relationship with the CFO but that doesn’t mean it has to be as a direct report.
3 upvotes
Anonymous Author
Absolutely not.  When CIOs report to the CFO, there tends to be more priority placed on CFO projects and initiatives.  The CIO position should be a direct report to the CEO.  A good CIO will be more strategic in their thinking and be concerned not only on financial aspects of the business but operational also.
3 upvotes
Anonymous Author
No, never
3 upvotes
Anonymous Author
It depends on what the organization wants from its CIO or its CTO, and the leadership of those people. There are many that should report directly to the CEO because of goals the organization is looking to get done, particularly in changing business models, but wow, many folks would do great under a good CFO.
3 upvotes
Anonymous Author
No. Never. Why?
2 upvotes
Anonymous Author
I don't think any successful organization is driven by a CFO.  Organizations where the CFO gets too much power die very slow and painful deaths.  Same is true where a CFO takes on a CEO role in an organization.  Unfortunately at public companies, looking quarter over quarter at revenue numbers gives lots of power to a CFO (and not enough to business growth or investment for future needs).
2 upvotes
Anonymous Author
For few years I (as a CIO) have reported and my boss was CFO . CFO is only money driven and sometimes it was hard to convince CFO that we should invest and change is necessary. We also need to (to much) optimize resources and number of people in IT. It was very hard to work. What was good was that if  money for investment was confirmed by CFO  it has high priority and was always approved also on management board. (high price investments).
2 upvotes
Anonymous Author
This is two separate questions since CIO and CTO are not the same role. I can see valid arguments for the CIO reporting to the CFO in certain org structures. I do not think it makes sense for the CTO.
1 upvotes
Anonymous Author
Once upon a time in 2008, I wrote this on my blog http://cio-inverted.blogspot.com/2008/07/cio-reporting-non-issue.html?m=0 I think it is still relevant.
1 upvotes
Anonymous Author
No
1 upvotes
Anonymous Author
I think its better if a CIO or CTO should report directly to the CEO because convincing a CFO is a little bit harder than convincing a CEO.
1 upvotes