Don't let yourself be cast as the IT pro who's stuck, grumpy or complacent. Consider these midcareer moves.
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Learning necessary finance skills and responsibilities can be a daunting task as you move up the ladder, particularly if math isn't your thing. Don't let it intimidate you. Levy suggests, quite literally, befriending your company's CFO or someone else in the finance function and asking for help in learning the ins and outs of profit-and-loss responsibility, return on investment calculations, cost-benefit analysis and so on. Ask the finance team to hold a lunchtime class on how to read financial statements, for example. At minimum, Levy recommends reading Corporate Finance for Dummies (Michael Taillard, For Dummies, 2012).
"I think everyone in IT has to become friends with the CFO," Levy said.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 9, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."