I was reading The Fruits of Innovation: Top 10 IT Trends in 2014, by Mark Harris.
Harris had this to say about the evolving role of the CIO:
“In the end, these leaders are now tasked to accurately manage, predict, execute and justify. Hence, the CIO’s role will evolve. Previously, CIOs were mostly technologists that were measured almost exclusively by availability and uptime. The CIO’s job was all about crafting a level of IT services that the company could count on, and the budgeting process needed to do so was a mostly a formality.”
Harris had this to say about the best qualities in a CIO:
“The most effective CIOs in 2014 will be business managers that understand the wealth of technology options now available, the costs associated with each as well as the business value of each of the various services they are chartered to deliver. He or she will map out a plan that delivers just the right amount service within their agreed business plan. Email, for instance, may have an entirely different value to a company than their online store, so the means to deliver these diverse services will need to be different. It is the 2014 CIO’s job to empower their organizations to deliver just the right services at just the right cost.”
That matches what I’ve been seeing.
CIOs need business acumen and the ability to connect IT to business impact.
Another way to think of it is, the CIO needs to help accelerate and realize business value from IT investments.
Value Realization is hot.