E47: Who Should Lead FinOps Initiatives in Your Organization?
The podcast explores the role of the FinOps head in an organization responsible for managing costs and driving business. Hosts Nick and Jason discuss who should lead the FinOps initiatives and what their responsibilities and accountabilities are. The podcast emphasizes the importance of having someone in charge of FinOps and how it can help hold everyone else accountable. It is not just about saving money but making sense of everything going on in the organization. The hosts' LinkedIn profiles are provided, and listeners are invited to seek help and explore implementation through tenacity.ai.
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Show Notes
IT’S THE SEARCH FOR THE NEXT FINOPS HEAD
As we continue to explore the fundamentals of FinOps as a practice, it is also important to know who is going to be responsible and accountable for it. It’s not enough to just let all the departments know about it, the organization has to put someone in charge of it. In this episode, Nick and Jason talk about who should lead the FinOps initiatives within the organization, and what he/she will be responsible and accountable for. Learn more in detail in this latest episode of Cloud Cost Optimization.
WORDS TO OPTIMIZE YOUR DAY
NICK: THE GENESIS OF YOUR FINOPS PRACTICE
“There is a person who is feeling the pressure of being a cost center and who is being asked questions about budget and changes to the budget that is necessary for driving business, or sometimes not known if they're necessary because it's hard to get the answer, who also knows personally, like, ‘Hey, I gotta have to hold people accountable out in the business, but it's really hard for me to do so because this environment is operationally my responsibility, but I'm getting hammered about its cost, and I don't really drive those or control those.’ That is the person who is probably going to be the genesis of your FinOps practice.”
NICK: IT’S NOT JUST ABOUT SAVING MONEY
“The reality is that for the person in the trenches, feeling the pressure, it's less about saving money, that's not really the approach. That's not what they're looking for, I need help saving money, what they're looking for is I really need help making sense of everything that's going on so I can hold everyone else accountable, get the monkey off my back.”
Get to know our hosts in the links below:
- Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
- Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/
Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/
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