Re: Why CIOs Should Be More Involved In Acquisitions
You're definitely preaching to the choir here, Fred, but you've nevertheless made a very convincing argument. This is kind of a new manifestation of a theme that we're starting to see again and again; IT is not a sub-component of the business anymore. It is the business. The whole business is digital, and every department has digital efforts and components. It would be like saying you don't want your financial staff at the table during a merger because you're just focusing on business goals - money is tied inextricably to business goals, and so is IT.
Let's think about this for a minute. When we talk about those business goals not being met, we can break that down a little further and see just how important IT is. It's not just macro-scale goals that you have for this merger. Every department is co-ordinating with their counterparts at the acquired company to figure out what their marketing goals are, their HR goals are, etc. IT doesn't just have insight into how IT operations will be affected - it has essential insight into all those other areas as well, and it needs to cross coordinate with all the affected depts to figure out what they're working with . You just can't do without it.