← CTO Handbook Chapter 4

Working with the Business

Technology doesn't exist in isolation. Your success as CTO depends on your ability to partner with business stakeholders, translate between technical and business languages, and align technology with company goals.

The best technology in the world is worthless if it doesn't solve business problems. CTOs who can't communicate with non-technical stakeholders, manage budgets, and align with business strategy often find themselves sidelined — or replaced.

Partnering with Product

The CTO-CPO (Chief Product Officer) relationship is one of the most important in the company. Get it right, and product and engineering work in harmony. Get it wrong, and you'll have constant friction, missed deadlines, and frustrated teams on both sides.

Defining the Relationship

Product's Domain

  • What to build (features, priorities)
  • Why to build it (user needs, business value)
  • User experience and design
  • Roadmap and release planning
  • Market and competitive analysis

Engineering's Domain

  • How to build it (architecture, technology choices)
  • When it can be delivered (estimates, capacity)
  • Technical feasibility and constraints
  • Quality, reliability, and performance
  • Technical debt and infrastructure

The overlap is where collaboration happens. Good product-engineering partnerships involve both sides in the grey areas rather than defending territorial boundaries.

Making It Work

Involve Engineering Early

Engineers should be part of product discovery, not just delivery. When engineering understands the problem deeply, they can propose better solutions — sometimes ones product didn't consider.

Estimates Are Collaborative

Product can't dictate timelines. Engineering can't refuse to commit. Work together to find scope that fits the timeline and value the business needs.

Technical Constraints Are Legitimate

Sometimes the answer is "we can't do that without X." Product needs to trust engineering's judgment on technical constraints — and engineering needs to explain them clearly, not just say "trust me."

Healthy Tension Is Normal

Product pushes for more features, faster. Engineering pushes for quality and sustainability. This tension is healthy — it leads to better decisions than either side would make alone.

⚠️ Red Flags in Product-Engineering Relationships

  • Engineering is treated as an "order taker" with no input on what to build
  • Product mandates deadlines without engineering input
  • Constant scope creep with no pushback
  • Engineering blames product; product blames engineering
  • No shared metrics or definition of success

Board & Investor Communication

Many CTOs are uncomfortable with board meetings and investor conversations. But effective board communication is a critical skill — especially for CTOs at funded startups.

What the Board Wants to Know

Board members typically care about:

  • Are we executing? Is the technology being built on time and to spec?
  • What are the risks? Technical debt, security, key person dependencies?
  • Can we scale? Will the technology support 10x growth?
  • Is the team healthy? Hiring, retention, morale?
  • Are we competitive? How does our technology compare to competitors?

Presenting to the Board

Board Presentation Best Practices

  • Lead with outcomes, not activities: "We improved page load time by 40%, increasing conversion by 5%" not "We refactored the frontend."
  • Be honest about problems: Boards hate surprises. Share challenges early with your plan to address them.
  • Use metrics consistently: Track the same KPIs over time. Show trends.
  • Avoid jargon: If you must use technical terms, explain them.
  • Prepare for questions: What are the hard questions? Have answers ready.
  • Practice brevity: Board time is limited. Get to the point.

Fundraising & Due Diligence

During fundraising, investors will assess your technology. Be prepared for:

  • Architecture overview: High-level system design, technology stack
  • Scalability discussion: How do you handle growth?
  • Security review: What are your practices? Any incidents?
  • Team assessment: Org structure, key players, hiring plans
  • Technical debt: What's the state of the codebase?
  • Competitive differentiation: What's technically unique or hard to replicate?

Budgeting & Resource Planning

Technology is expensive. CTOs who can't speak the language of budgets and ROI struggle to get the resources they need.

Understanding Your Costs

People Costs (Usually 60-80%)

  • Salaries and benefits
  • Recruiting costs (agencies, tools, time)
  • Contractors and consultants
  • Training and development

Infrastructure Costs (Usually 15-30%)

  • Cloud services (AWS, GCP, Azure)
  • SaaS tools and services
  • Data and analytics platforms
  • Security tools

Other Costs (Usually 5-15%)

  • Software licenses
  • Hardware (for those who need it)
  • Conferences and events
  • Miscellaneous

Making the Case for Investment

When you need budget for initiatives, speak in business terms:

❌ Weak Ask

"We need $500K to migrate to Kubernetes."

✅ Strong Ask

"Migrating to Kubernetes will reduce our infrastructure costs by $200K annually and cut deployment time from 2 hours to 10 minutes, enabling us to ship features 40% faster. The investment pays back in 18 months."

Headcount Planning

Planning how many engineers you need is more art than science, but here are frameworks:

  • Revenue-based: Common ratios are 1 engineer per $300K-$1M revenue (varies widely by industry)
  • Goal-based: What do you need to accomplish? Work backward to headcount.
  • Ratio-based: Maintain ratios of managers to ICs (typically 1:5-8) and support roles.

Vendor Management

Modern technology organizations rely on dozens of vendors. Managing these relationships well saves money and prevents surprises.

Vendor Selection

When evaluating vendors:

  • Total cost of ownership: License fees are just the start. Include implementation, integration, training, and ongoing maintenance.
  • Contract terms: Watch for auto-renewals, price escalation clauses, and early termination penalties.
  • References: Talk to other customers at similar scale. How's support? What problems have they had?
  • Security and compliance: Do they meet your requirements? Can they provide SOC 2 reports?
  • Exit strategy: How hard is it to leave? What's the data export process?

Negotiation Tips

  • Timing matters: End of quarter/year often brings better deals.
  • Multi-year discounts: Commit longer for lower prices — but don't overcommit.
  • Use competition: Having alternatives gives you leverage.
  • Negotiate everything: Payment terms, SLAs, support levels, not just price.
  • Get it in writing: Verbal promises mean nothing.

Stakeholder Communication

As CTO, you communicate with many audiences: engineers, executives, customers, investors. Each requires a different approach.

Tailoring Your Message

With Engineers

Be technical. Provide context for decisions. Explain the "why." Be honest about uncertainty. Ask for input.

With Executives

Lead with business impact. Use metrics. Be concise. Present options and recommendations. Acknowledge risks and mitigation.

With Customers

Focus on their problems and how you solve them. Avoid jargon. Be reassuring about reliability and security. Listen more than you talk.

With Investors

Tell a story of growth and differentiation. Show you understand the market. Demonstrate team strength. Be confident but not arrogant.

Communicating Bad News

Projects fail. Outages happen. People leave. How you communicate bad news matters.

  1. Be proactive: Don't wait for people to find out. Share early.
  2. Own it: Don't deflect or make excuses.
  3. Explain what happened: Clear, factual summary.
  4. Share your plan: What are you doing about it?
  5. Prevent recurrence: What changes will stop this from happening again?

Key Takeaways

  • The product-engineering relationship is critical — invest in making it work
  • Board communication requires business language and outcome-focused thinking
  • Budget conversations should be framed in terms of ROI and business impact
  • Vendor management is a skill — negotiate well and plan for exits
  • Tailor your communication to each audience; one size doesn't fit all