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Or a CMO, COO, CIO, CTO or any other C-Level title. You’re not a CEO. You’re not a GVP, AVP, MVP or VP. You’re not a Senior Director, Partner, Manager, Owner, etc. You are a Bonus Delivery Officer.
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.
According to Korn Ferry unpublished data, there has been a 74% increase in the number of CIOs serving on Fortune 100 boards in the past two years. Only 31% of Fortune 100 boards currently have a director who is a CIO, even though technology is at the core of every business today. ” How should boards incorporate a CIO director?
It''s the rare CIO who applies scenario planning to the business of IT. As CIOs strive to provide more strategic value, scenarios can offer a tool to help facilitate business transformation. The New CTO: Chief Transformation Officer. Google''s CIO on How to Make Your IT Department Great. IT Doesn''t Matter (to CEOs).
Variations of this Big Data story line are being played out in executive offices around the world, with CMOs and CIOs in the thick of it. CIOs, tasked with turning technology into revenue, are themselves pounding the table demanding better requirements for Big Data initiatives.
Managing this rapid change and fostering innovation while "keeping the trains running on time" is the primary leadership role required of any CIO, new or old. These are core tenets that all CIOs need to hold close. The lesson here for new CIOs, in Higher Ed or elsewhere, is to know your audience and know them well.
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.
As the drive toward increased digitization continues, enterprises have to get a handle on this total digitization — and corporate CIOs have to step up to the challenge. At Boeing, all enterprise technology (including digital) investments are managed by the CTO, which enables significant synergies. CIOs Must Lead Outside of IT.
Most CIOs will tell you that they have no shortage of ideas to invest in — the hard part is whittling down to the right ones. Push that a bit further and what most CIOs say is that those ideas are in the form of project requests from business partners. The New CTO: Chief Transformation Officer. Expand First, Filter Second.
From my experience, I believe that there are four highly interdependent categories of contributions the CIO and IT function should make. Every discussion on the role of IT and CIOs should start with the question: "What are the potential uses of this technology that will guarantee we stay in business?" Generating Top-Line Growth.
The New CTO: Chief Transformation Officer. Google''s CIO on How to Make Your IT Department Great. While it is a model that many organizations have yet to embrace, make sure that yours makes the shift. Reinventing Corporate IT An HBR Insight Center. A Board Director''s Perspective on What IT Has to Get Right. IT management'
Kim Stevenson , Intel''s CIO, summarizes the challenge well: "[IT functions have] gone through ERP, they''ve gone through BYO and they''ve gone through cloud, and they think they''ve done it all. The New CTO: Chief Transformation Officer. Google''s CIO on How to Make Your IT Department Great. There is no time for complacency.
This is not a CTO role or a role that reports to the CEO. You do not work for the CEO, or alongside the CTO, CIO, and CFO. The Chief Entrepreneur will be responsible for managing a portfolio of entrepreneurs who experiment with new business models and value propositions.
The New CTO: Chief Transformation Officer. Google''s CIO on How to Make Your IT Department Great. Now that IT is essential to the execution of nearly every job, as we move into the future, managing IT will be an even bigger part of your job. Reinventing Corporate IT An HBR Insight Center. IT Doesn''t Matter (to CEOs).
“It’s easier to understand the consequences of a change if you’re making lots of little steps,” observes Bryan Stevenson, CIO of on-demand software company Catalant. Because software code is released in smaller batches, it is easier to identify the source of any problems. Maximize engineering productivity.
The New CTO: Chief Transformation Officer. Google''s CIO on How to Make Your IT Department Great. That means not just finding serendipity in the business, but examining your own shop for new value that can''t be found in lines of code per day or the speed of a call center response. Reinventing Corporate IT An HBR Insight Center.
It’s critical to make sure that the CIO, CTO, CMO, CDO, and other functional leaders do not work at cross-purposes as the company focuses on deeper, more direct relationships with its customers. But the functions overlap more and more. Job definition, communication, and a focus on synergy are a requirement across the C-suite.
These three change accelerators are what lie behind today''s avalanche of business transformation, and they are directly affecting the roles of CIO and CTO. And, just as the CIO''s role needs to change, so too does the CTO''s—from Chief Technology Officer to Chief Transformation Officer.
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.
The New CTO: Chief Transformation Officer. Google''s CIO on How to Make Your IT Department Great. Leadership overcoming a "fear to fail" by broadly balancing all risks enabling ground breaking innovations resulting in business growth, customer preference, industry recognition and awards. Reinventing Corporate IT An HBR Insight Center.
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