What’s crucial is teamwork. The general counsel and corporate secretary can be aware of and provide senior-level support for budget requests from the CIO to provide resources for work that is needed to obtain a ‘clean’ audit, says Nerenberg. They can also assist the CIO and IT team in understanding new regulations and how they might change technology requirements.
‘IT should be viewed not as a standalone unit, but as a vital partner in the business,’ says Brian Christensen, a managing director at Protiviti. Otherwise, there will be no cohesiveness or alignment with strategic objectives.