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CIOs mull how to innovate and tighten belts simultaneously

Chris Kanaracus | May 23, 2012
CIOs face a common set of thorny challenges these days, namely the pressure to deliver innovations even as they seek to cut or hold down spending, according to an array of senior IT executives who spoke on Tuesday at the MIT Sloan CIO Symposium in Cambridge, Massachusetts.

But Time Warner is also making a fundamental change to its IT operations.

The company is now in the process of migrating its human-resources software operations to Workday's HR module companywide, Krivoshik said in an interview after the panel discussion. Workday will replace a wide variety of HR systems, he said.

The first implementations will be done in the Time Inc. division and corporate headquarters this year, with other business units coming later, he said. The project is scheduled for completion in early 2014, according to Krivoshik.

Workday is hoping to also lure large multinational conglomerates like Time Warner to its financials software module. Krivoshik isn't ready to commit to that, though.

"We'll look at it," he said. "We only want to focus on one big ERP [area] at a time."

That sense of restraint is reflected in how Krivoshik views the role of today's CIO.

"I don't think it's changing," he said. "I think the good CIOs have been ones who use technology to help the business. It's just that the tools in the toolkit have changed. The underlying tenet, to help grow the top line, is the same."



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