This document discusses the importance of IT planning and governance for CIOs. It notes that without proper planning and governance structures in place, CIOs find themselves constantly fighting fires and dealing with daily crises instead of focusing on long-term strategic goals. The document advocates for CIOs to implement structured planning and governance processes that involve stakeholders from across the organization. This allows for consistent, aligned decision making and helps CIOs adapt to changing business needs and market conditions. When done effectively, planning and governance can reduce stress on CIOs and help ensure the long-term success and competitiveness of the organization.