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Business Management Review | Tuesday, August 23, 2022
A CIO must be thorough with business and have a technological background, but they have to turn more proficient in business strategy than just a pure technologist.
Fremont, CA: The role of a chief information officer (CIO) has changed over the years. Today, CIOs lead with impact instead of control over technology. Also, CIOs concentrate on the business and the effects of technology on business outcomes.
Accordingly, they are more suited to a background in business and leadership than tech. CIOs cannot overlook the bottom line or the outcome while forming the IT budget. Such knowledge has made CIOs change their approach to running a company's technology, which enables them to grow their corporate influence."
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As per experts, the best CIOs hail from a non-technical background as they can comprehend the alignment between technology and the business and how it adds value. For example, Michael Matthews, CIO of Oral Roberts University, states, "This is one of the best times to be an innovative and developmental CIO, while a mediocre CIO will have a hard time."
Today's CIOs are disrupters and are focused on business. Chief information officers understand business and can use software and data analytics to drive the business strategy.
Still, according to Sanjeev Addala, CIO of GE Renewables, "A CIO must be thorough with business and have a technological background, but they have to turn more proficient in business strategy than just a pure technologist.
CIOs must realize that while forming a team, a fine mix of technological and business teammates, teaching a technical employee about business is harder than teaching a business-oriented employee about technology.
Therefore, for success, it is critically important for a CIO to understand how the business operates, leadership and management talent, and then have a passion for the industry.
A CIO is accountable for digital transformation along with the rise of DevOps and agile work styles. Therefore, CIO with a technical background is an invaluable asset to the company. Additionally, a CIO is in charge of the IT department. Therefore, technical experience turns obligatory. For example, A CIO with a purchasing background and a lack of understanding of technology can confuse. Therefore, most effective CIOs will have their feet on both the business and IT sides.
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