- A multitude of pressures both internal and external are forcing a major shift in the role of the CIO: either the CIO becomes a strategic business partner, the Chief Enterprise Integration Officer (CEIO), or is relegated to a supporting role.
- The CIO will have significant obstacles to overcome, such as the stereotyping of IT and competition from other tech-savvy business unit heads who could potentially make the CIO obsolete.
- The CIO must make a comprehensive personal development plan with appropriate success metrics to become the CEIO.
Our Advice
Critical Insight
- As CIO, you must decide now what your position in the organization of the future will be. If you don’t act, the decision will be made for you.
- CIOs must re-evaluate who the key stakeholders are in their organization and form the relationships needed to gain the credibility they require to secure their position as a strategic business partner.
- The CIO must develop capabilities to fulfill the following demands from the business:
- Drive innovation, be the technology visionary, and support revenue generation.
- Manage IT like a business.
- Ensure information assets are adequately protected.
- Be a business leader.
- Drive business insights through Big Data.
Impact and Result
- Understand the drivers and the business demands forcing the need for new capabilities from the CIO.
- Assess your current capabilities and stakeholder relationships to be able to address the gaps.
- Plan your personal development and track your success to becoming the CEIO.