Technology trends impacting enterprise business environment
Social media/ business, mobility, big data analytics, clouds and smart assets will have significant impact on the enterprise business environment.
My roles and responsibilities as a CIO
The prevailing market trends like cloud, digitization, social, mobile, sourcing, consumerization etc. are reshaping the role of the CTO/ CIO in an organization. It is true here as well. The challenges and opportunities for businesses in this digital economy are enormous; one has to keep pace with changing technology and consumer behavior. Accordingly the CTO is becoming a Chief Digital Officer (CDO).
Lessons learned and advice for fellow CIOs
Business expects the enterprise agility “Lead with Speed” and innovate at “Internet Speed”. For which, CIO leadership has to play a role as Chief Accelerating Officer (CAO) to avoid business impacts due to any delay in IT alignments. Hence CIO role is directly impacting businesses.
CIO has to lead and play multiple change management roles like “Chief Infrastructure Officer”, “Chief Integration Officer”, “Chief Intelligence Officer” and “Chief Innovation Officer”, which all leads to the role of “Chief Impact Officer”, justifying the expectation that his role impacts the businesses. He has to clearly demonstrate value-for-money in the management of core IT servicesproviding the right services at the right price and the right level of quality. He has to be a value driver like the Chief Improvement Officer- to understand the business and needs of the CEO, CFO, Lineof- Business heads in order to maximize the benefits from IT automation in businesses. The current socially enabled technology trend is forcing us to change our workstyle and will leverage IT by applying it to businesses in different ways (as a business value creator/ differentiator). Early adopters of this trend are better- off.
