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Bob''s blog entries Accountability versus Ownership “Be yourself [period] Everyone else is taken” Bibliomotion CIO Career Path Corporate Board Cost versus Innovation David C.
you’re the CEO (or the President, CFO, CMO, CIO, you get the idea). You work hard. You come in early, stay late, and work over the weekends. You constantly think about work, even in your sleep. But you have the primo position, the unbelievable pay, the power to move mountains, and your future already written in stone.
External perception can be measured by awards, such as CEO Magazine “Best Companies for Leaders” and hundreds of individual leadership awards (CEO of the Year, CIO of the year, CFO of the Year, etc…). External perception of leadership. Internal perception of leadership. Internal perception can be measured in two ways.
For some positions (CFO, CIO), all their hard work to make it to the table is now useless when they need to use skills other than IQ: Communication – Communicate clearly and concisely. EQ – Emotional Quotient (or Emotional Intelligence). This is where most C-Level executives fail.
Think about the Boeing Engineer evaluating a GE jet engine for a new airplane…a CIO evaluating a new Enterprise Resource Planning System software provider…or a CFO reviewing audit firms. . Domain knowledge — The B2B buyer has the expertise and experience in the offering being considered.
CEO, CMO, COO, CIO, CFO, etc.), Furthermore, of the 535 highest paid and most senior positions at those companies, only 5.8% are held by women (down from 6.9% in the prior year). One more disheartening statistic shows that only 26% of those companies have at least one woman in an executive officer’s position (e.g., in 2005).
The report is based on a survey of 331 C-suite executives (CEO, CFO, CIO, etc.) Only 13% of C-suite executives believe that line managers and middle managers are "chiefly responsible" for staff engagement. or senior directors from 19 industries in Europe and the Middle East. "I
How would your CFO or CIO handle this? NETGEAR, a highly respected manufacturer of network equipment in data centers, offices, and the homes of hundreds of thousands of people working from home now, and, possibly, far into the future, recently sent an email alert to its customers. An excerpt is below.
But it should be the CIO''s job. It''s time for CIOs to move beyond their roles as chief technology officers, and embrace the name with all of its implications: Chief Information Officer. The time is ripe for CIOs to take a page from the CFOs'' playbook to ensure both accountability and responsibility for information creation.
In fact, recent research [PDF] conducted by the CMO Council, suggests that this process should start with the Chief Marketing Officer (CMO) and the Chief Information Officer (CIO). In some instances, it may be necessary to align the CEO on a plan, but a united recommendation between the CMO and CIO has a better of chance of success.
Companies love to stretch out their investments in existing technology as long as possible, a policy whose faulty logic I recently rediscovered in my role as CIO. That's because, like many CIOs, I hate buying technology that loses a significant part of its value as soon as it's delivered.
It is all well and good — and true — to say that the role and mandate of the CIO are expanding. But too many organizations are stretching their Chief Information Officers (CIO) too thin. Today''s CIOs must learn to balance all of these personas. CIOs especially need: an integrative mind. focus and vision.
Enterprise IT as we have known it is rapidly becoming obsolete, and the traditional role of the CIO is increasingly irrelevant. Therefore, the CIO''s role must shift from protecting and defending the status quo to embracing and extending new innovative capabilities. Of course, not all CIOs will embrace their new role.
In reference to this, does anyone who has access to a computer or a reasonably recent mobile device really yearn for the “good old days?” Can most visualize making decisions on what to sell, who to sell stuff to and how best to do that without being immersed entirely in the wonderful world of research? […]. The post SOPHISTICATED RESEARCH?
The answer involves radically reframing one of the mainstays of the C-suite — the role of the CFO. It’s no longer adequate or acceptable for CFOs to simply focus on managing the financial risks of a company. Some CFOs are working with their CISOs and CIOs to actually model their cyber exposure gap.
The CIO has to know what's going on in finance and marketing, for instance, and P&L experience is important even for support functions like human resources. So, for instance, if you want a top finance job it's not enough to be the best CFO in the U.S.; you have to be the best CFO in the world. You have to be constantly learning.
Creating this new intelligent store requires, at the very least, the CIO, the chief marketing officer, the SVP of store operations and the SVP of e-commerce to determine how to best engage with increasingly digital-savvy, data-driven shoppers. That is a battle most retailers will lose.
Are We Asking Too Much of Our CIOs? Why Can''t a CIO Be More Like a CFO? Do organizations appreciate and understand that these tools put them in the "empowerment" and not just the "better communications" business? Reinventing Corporate IT An HBR Insight Center. Is Your Organization Ready for Total Digitization?
We do not know to what extent this approach was replicated within the bank and cannot, therefore, say whether it was applied in the CIO unit that incurred the recent trading losses. A number of executives in the Chief Investment Office (CIO), where the loss was incurred, left the bank soon after the loss had been revealed.
They resist getting their hands dirty alongside the CIO, even though many of them will readily get down into the mud of a balance sheet with the CFO or strategize the details of global brand issues with the CMO. Nor do they understand the CIO''s role or, typically, the technologies that the company deploys.
‘Tis the season for reflection – a time to learn, grow and appreciate all that’s good in this one precious life of ours. As I look back on the past year, it’s easy to point out where I could have done more, how I could have done better, or whether I served the people I […].
Everyone who knows me, knows I reject ‘The Great Resignation’ – it’s a million-dollar catch-phrase, but it’s quite dangerously misleading. This is not a great resignation – which suggests that people have made a sudden decision to do something dramatic that we didn’t see coming. Most of the labour market movement we have seen in […].
Headquarters of Chief Investment Office (CIO). Generally speaking, firm management did not ensure proper controls and oversight at CIO as its trades became more complex and risky. Why were red flags ignored by senior managers in CIO and in the firm?
From elevating its former CIO to CFO , as it increasingly defines itself as a technology company rather than a financial services firm, to emerging as one of the most high-profile advocates of cryptocurrencies , it’s clear that the company is thinking in longer time horizons than quarter to quarter or year to year.
One CFO I know managed finance for a spin-off firm when it went public and then returned to the parent company in a corporate position. Another CFO led finance for multiple units so he could gain a breadth of knowledge across the business before becoming the corporate CFO. Most companies have a distinct culture.
We’ve spent an awful lot of money on technology, but I still see people working in the old way,” complained the CFO of a large hospitality company. First, CIOs and technical leaders too often take a limited “tech-implementation” view and measure success on deployment metrics like live sites or licenses.
For some positions (CFO, CIO), all their hard work to make it to the table is now useless when they need to use skills other than IQ: Communication – Communicate clearly and concisely. EQ – Emotional Quotient (or Emotional Intelligence) This is where most C-Level executives fail.
Many stakeholders are commonly involved in a purchase: a CIO, CFO, head of procurement, facilities manager, and leaders of the end-user communities. We like the example set by Jeff Lowe, CMO of SMART Technologies, and his team. SMART sells solutions that enable remote workers to collaborate more effectively.
You do not work for the CEO, or alongside the CTO, CIO, and CFO. You will also recognize the importance of handing over a validated business model that demonstrates opportunities to scale. Report your progress directly to the Executive Chairman of the board of directors.
The plan was to go public next year, and Jake and his CFO had been trying to cut costs, but they had mostly spared the IT group. The idea of asking his CIO to leave under these circumstances was untenable. ” “We’re getting there,” the CIO answered, staring into his coffee. Some of that was true.
Stemberg turned to Basil Anderson, who had tackled similar challenges as CFO of Campbell Soup and Scott Paper. The CEO ended up getting rid of the head of strategy, continuing to use the CIO to provide him with strategic advice, and hiring a strong but relatively junior analyst to provide support to the senior team.
I call this phenomenon “executive brownout” and the details of El-Erian’s departure (not to mention more recent reporting on the conduct of his co-CIO Bill Gross, who has also since resigned) only confirmed my opinion that he was very likely suffering from it. Ten years later, he was the global CFO of his firm.
CSO, CFO, CIO, IT, Ops (Practice Leaders): Typically, these decision makers run cost centers as opposed to generating revenue. (Remember it’s not about eliminating the risk of failure, it’s about providing a strong narrative for the Top Dog so that if something goes wrong, their decision can be defended.).
Delivering on journeys requires many different parts of the organization to come together, such as working with the CIO on the technology implications of developing journeys, and providing the CFO with hard ROI data on customer journey investments. See the customer journey all the way through.
The CHRO can be working on networking employees and locations; the CMO on networking customers and partners; the CFO on networking funding and payments; the CIO on software and data; and the COO on products and services. Everyone on the leadership team has a role to play in making this pivot.
But massive disruptions in business models, technology, and the work force have been throwing up massive new challenges for CIOs and other technology leaders. Consequently, CIOs and business leaders with a technology focus face more cacophony and challenge than ever before. Many CIOs are of course already well aware of all this.
He told me about the days, decades ago, when he first ran into a new breed of executive and thought, “What the heck is a CIO?” ” These information-focused leaders emerged as the world changed and the capabilities that companies needed shifted over time.
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