A Practical Approach for IT Governance

The Benefits of Networking on IT Governance

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For many of us CIOs, networking is a way to fight loneliness. I have long held the view that many a CIO finds loneliness in the position. Decisions have to be made, often with sparse data, and even inaccurate data. However, the accountability of the decision solely rests with the CIO. Networks provide a means to help make better decisions. You can classify networks based on open (most can join) or closed (there is a screening process and a select group of people are allowed to join). You can also classify them as on-line or in-person. These can overlap. For example Linkedin is on-line and can be open (I am not a CFO but I belong to the CFO network) or closed (CIO group by Gartner).

On-Line social networks such as Linkedin provide some opportunities to share and learn, and in-person executive networking events attract mostly people looking for greener pastures. A form of in-person network is CIO round tables which is a very structured network (meeting time, meeting place, and agenda are all well-defined). These structured networks are a great alternative to social networks, and provide significant benefits, but the one-on-one cannot be substituted. The old-fashioned approach of a quick phone call chat, a cup of coffee, a lunch or even an after-work drink provide far better value. An informal study of CIOs found that structured networks like CIO roundtables and one-on-one meetings were preferred by CIOs by more than 4 to 1 margin to less focused networks.

Written by Subbu Murthy

August 28, 2011 at 4:48 pm

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