For many CIOs, the idea of transforming the business through a synergistic marriage of IT and the lines of business is like a Leaf fan's dreams of winning the Stanley Cup - great to imagine but not happening in this lifetime.
If Sam Spade were around today and opted to make his living in information technology, chances are he'd find a home in IT asset management. It's the sort of job that can use the talents of a good gumshoe.
For a large financial institution such as BMO Financial Group (formerly Bank of Montreal), getting "within two or three bucks of it" is not only intolerable from an accounting standpoint, it's also a nonstarter when it comes to purchasing.