Technology is now everywhere and this means decisions about technology (i.e IT), by enterprises, are crucial and critical. Despite its importance in making or breaking the business, the IT department is perceived as a department which is a world apart and not part of the core enterprise strategy.
This leaves the CIO in an unsustainable and untenable position. The CIO, according to businesses, is talking a different language and is not understood by the other business departments. The IT department is often viewed as a cost center and that the only method it can contribute to the company’s bottom line is by cost cutting. This situation is no longer sustainable and IT must transform itself.
The CIO must change and must prove to the Business that his department can create value. He must move beyond technology and must become a business manager. An excellent BCG Report states that whilst almost 50-60% of business investments have an IT component, more than 60% of these IT projects are late and are not completed on time. The report goes further to state that a CIO shouldn’t just have a strategic vision, but he should also don the following roles:
To read more about the CIO roles and how these roles affect his strategic vision please click here: