CIOs need to change perspective about role: Survey

Written By Unknown on Senin, 26 November 2012 | 21.43

NEW DELHI: Gearing up to be a Chief Information Officer (CIO)? It might just pay to combine your technology acumen with some business skills-as companies are increasingly looking at CIOs who understand business as well.

CIOs must refresh the outdated perspectives that other executives hold about their role in order to succeed, according to Ernst & Young's new report DNA of the CIO.

The report, based on a survey of over 300 IT professionals globally, draws on in-depth interviews with a further 25 CIOs and 40 respondents from across the rest of the C-suite (CEO, COO etc), to capture business views about the CIO role today.

The central role that technology has played in every industry and sector of business over the last two decades emphasizes just how big an opportunity exists for the CIO, a Ernst & Young release stated.

CEOs are in clear need of "co-drivers" who combine technology expertise with business skills; however, few CIOs are currently regarded as true members of the executive management team. While they have technological expertise, they are not perceived to have the requisite level of business skill - limiting their potential for change.

Says Samiron Ghoshal, Advisory Partner & Leader - IT Advisory, Ernst & Young, India ,"the status quo will need to change. CIOs need to break out of their comfort zones, within the data center. While we are seeing this progression in several fast-growth organizations in India, there is still a long way to go for the majority of CIOs."

If CIOs are truly going to deliver on the potential remit of their role, and the potential of IT, they will need to work harder to enhance their position. Less than half (48%) of the C-suite executives think the standing of CIOs has improved in recent years on a range of issues, from product innovation through to helping deliver on the operational agility of the company. While 60% of CIOs think they add strong value to fact-based decision-making when setting corporate strategy, just 35% of their C-suite peers agree, resulting in just 43% of CIOs reporting that they are deeply involved in strategic decision-making.

Terry Thomas, advisory partner & leader - IT risk & assurance, E&Y, India comments, "Future CIOs will need to be able to show proactively how IT can be used as a source of innovation within the business, rather than merely a support function."


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