Beyond the balance sheet

As a CFO, you will need to understand the enterprise-wide implications cloud can have on your organization, including how it can spur unnecessary shadow IT or allow you to redeploy valuable IT personnel on projects that will deliver more value to the business. As a result, you may need to reevaluate the policies and processes currently in place for procuring, implementing and maintaining your IT environment.

Education

Disruption Beyond the Balance Sheet: The Impact of Cloud on IT Environments: PDF 563 KB HP Cloud Readiness Scorecard Forrester – BT 2020: IT's Future in the Empowered Era: PDF 342 KB CIO Forum: Is Cloud the Ultimate Shadow IT: Article CIO Forum: Is Shadow IT taking over your Enterprise : Article

Questions to Consider

What processes exist in your organization today to track and identify usage of cloud-based solutions?

What criteria should your functional business leaders or line managers use to evaluate the use of cloud-based solutions?

What new processes, skills or resources need to be considered or in place to make your cloud vision a reality?

Best Practices

“ There needs to be dialogue between the CIO and the CFO. Working with our CIO and other business groups, we ensured that any strategic decision we made on cloud was right for the business.”