CIOs are increasingly expected to deliver financial results, flexibility, and an effective hybrid work strategy, as well as set the pace in business transformation.
These are among the findings of a group of leading analysts asked to examine the evolving role of the CIO in today’s enterprise sector. Recent years have already seen the CIO role becoming one of savvy business advisor, with CEOs increasingly seeing their CIOs and CTOs as their most critical executives, according to an IBM survey of 3,000 CEOs.
Now CIOs are expected to deliver automation and the foundation of a hybrid work policy. Their role has moved on from that of a backend service provider to an advisor on business strategy and operations. CIOs can execute broadly across multiple areas of the business, according to Capgemini Engineering. It said that CIOs will in future need to implement technology, manage data and logistics, secure data, and deliver actionable intelligence. The CIO will also be taking on a more outward facing role, said PwC US. Gone are the days when the CIO was hidden away in the on-prem data centre invisible to the wider world.
Image courtesy of Ivey Business Journal