The Big Themes:
- Technical debt: If you write off $0.42 during a $100M bank reconciliation, I guess you created ‘financial debt,’ but so what? It’s the Enron’s of the tech debt realm that warrant attention.
- Whenever you don’t fix something: Technical Debt as a board level off-balance sheet issue is the systemic and long-term policy of neglecting your IT environment.
- Digital transformation: Just because it’s “digital” doesn’t make it transformative. Digital optimization is a good thing – it’s just not the same and distracts CEO/BoD’s.
- CEOs/Board of Directors: You need a translator to help keep the discussion flowing. Someone who can call BS on the “just ain’t so.”
The Big Quote:
“A CIO needs to be able to do all of those things. And then as their side job, keep all the tech plates spinning.”
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