English to Chinese Tech/Engineering IT (Information Technology) CIO

11. Benchmark your performance against competitors and partners, and do it in a way that makes sense to your CEO and director colleagues.
Benchmarking is vital, but only if the results are meaningful to your peers and to the board. So the percentage of company turnover spent on IT by other companies and competitors in your industry should be keenly monitored, not weird ratios like ‘function points’, ‘cSpecs’ or ‘MIPs per employee hour’. It is fine to benchmark these internally if you like, but keep them between consenting IT professionals.