On May 1, 2018, the Association of Government Accountants (AGA) and Association for Federal Information Resources Management (AFFIRM) co-hosted the 2018 CFO/CIO Summit to explore management issues and policies that impact Chief Financial Officers (CFOs) and Chief Information Officers (CIOs). The summit also looked at how CFOs and CIOs collaborate to improve efficiencies, mitigate risk, and strengthen their workforces. MorganFranklin Consulting proudly served as an event sponsor.
AGA Chief Executive Officer (CEO) Ann Ebberts kicked off the summit with a brief introduction on the efforts to bring the CFO and CIO communities together with the goal of doing more, better, and faster through collaboration. The summit panels consisted of federal CFOs and CIOs from a variety of agencies offering their perspectives.
Maturing management in modern times
Emerging initiatives, such as the Digital Accountability and Transparency Act, the Modernizing Government Technology Act, Federal Information Technology Acquisition Reform Act, and IT modernization, present a range of opportunities and challenges for agency CFOs and CIOs as they advance and mature their respective organizations. The panelists discussed the value of communicating early and often and establishing structured processes and governance that incorporate cross-organizational stakeholders to address financial and technical challenges. The panel consisted of, among others, Teresa Grancorvitz, CFO, National Science Foundation (NSF); Dorothy Aronson, CIO, NSF; Adam Goldberg, Executive Architect for Federal Financial Innovation and Transformation, Department of Treasury.
Running IT like a business
The Office of Management and Budget (OMB) is working to improve transparency regarding federal IT spending to create more efficient and accountable organizations. OMB is developing technology business management (TBM) procedures to help accomplish that goal. TBM will serve as a framework for categorizing IT technologies, resources, services, and costs to inform decision making around IT investments. The panelists discussed ways to drive value through CFO and CIO collaboration during TBM implementation and beyond. The panelists consisted of, among others, Rick Chandler, Deputy Assistant Secretary and CFO, Office of Information and Technology, Department of Veterans Affairs; Jon Kraden, Acting Deputy Associate Director, General Services Administration (GSA); Kelly Morrison, Performance Analyst, OMB; Tony Scardino, Deputy Undersecretary and Deputy Director (acting), U.S. Patent and Trademark Office; Doug Webster, CFO, Department of Education.
Perspectives from the C-suite
Agency leaders must re-evaluate how they are organized and equipped to pursue their missions and address new and evolving mandates. The panelists discussed how CFO and CIO organizations collaborate and support back-office functions, such as IT, procurement, and finance. Topics included the importance of transparency and cross-functional partnerships to help identify duplicate efforts, gaps, and opportunities to integrate responsibilities appropriately across organizations. The panelists included, among others, Lynn Moaney, Acting Deputy CFO, U.S. Department of Agriculture (USDA); Mary Davie, Deputy Commissioner, Federal Acquisition Service, GSA; Lesley Field, Deputy Administrator, Office of Federal Procurement Policy, OMB; and Gary Washington, CIO, USDA.
With the increased sophistication, volume, and impact of cyber risks facing government agencies, leaders have critical and shared responsibilities for keeping their organizations secure. The panel members discussed how they continually work to address these challenges and the value of integration and communication when sharing information about priorities, impacts, opportunities, and obstacles. Topics included establishing and monitoring performance metrics to understand the value and success of cyber risk mitigation efforts and understanding the marginal benefit of investments to increase the cybersecurity posture of the organization. Panelists included, among others, Chip Fulghum, Deputy Undersecretary for Management, Department of Homeland Security (DHS); Mark Kneidinger,Director, Cybersecurity and Communication, DHS; and Rod Turk, acting CIO, Department of Commerce.
Other summit sponsors included NetImpact Strategies, OneStream, The Parnin Group, Savantage Solutions, TeraThink, EY, TFC, Trilogy Federal, Vertosoft, PNC, Apptio, Automation Anywhere, BeyonData, CGI, CliftonLarsonAllen, PwC, The Craddock Group, Deloitte, FI Consulting, GrantThornton, Kearney & Company, Markido, and Mason Harriman Group.