The New CIO: C Stands For Change

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DDURBIN1,
User Rank: Ninja
10/2/2014 | 10:49:53 AM

Re: More opportunities

I find IT people very adaptable; they have to be the way business technology changes. The people that need to learn and adapt are executive management, boards of directors, and ownership NOT the CIO/IT Lead as business leadership have been the key obstructionists to effective business technology application to the business processes.

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Li Tan,
User Rank: Ninja
10/2/2014 | 10:42:39 AM

More opportunities

I think for CIO, there will be more opporunities in the future. Now more and more industries start to adopt advanced technologies such as big-data, cloud, IoT, etc. to boost the productivity and revenue. So CIO has the chance to become a crucial stakeholder in the business instead of just the head of supporting department - the traditional IT. But it depends on how fast CIO can learn and adapt to this fast changing world.

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DDURBIN1,
User Rank: Ninja
10/2/2014 | 10:27:49 AM

Bottom up change is difficult

With the majority of lead IT positions still reporting to the CFO and not the CEO, it's not easy to be a change agent while being kept out of senior management decision making particularly when the CFO's goals are cost containment. On average more than 70% of the information a business uses to run has no impact on the general ledger making even less sense for IT to report to the CFO as business technology has more cross functional impact on the business than does finance.

Put a bean counter in charge of other business functions such as Sales or Engineering and watch them struggle to be effective as many IT departments do in most organizations where IT reports to Finance although the Finance departments seem to function very well for some strange reason.

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