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Critical success factors for the transformational #CIO | I-CIO

Martha Heller says “It’s time for CIOs to be the business”, she goes on to say:

At many companies today, senior management are confused, frustrated and farther away than ever from the promise of digital. With all of the innovation coming out of places like Silicon Valley, they worry that they’re missing out on some digital disruptor that their competitors have surely discovered.

Those suffering from such fear-of-missing-out syndrome do one of three things:

  • they anoint their CIO, formally or informally, as head of innovation and charge them with charting the company’s digital future
  • they fire their CIO and hire a new one who arrives all shiny with the promise of digital innovation
  • they gently push their trusted CIO to the operational margins and hire a chief digital officer (CDO), someone with a background in marketing, strategy or product development to build and drive a digital roadmap.

In short, a digital leadership void is afoot which represents either a threat or an opportunity to the CIO. One viable option for them is to acknowledge the existence of the company’s new CDO and develop a solid relationship with them. But the other option is to see the void as an opportunity and step directly into it. CIOs who choose the latter path have work to do, especially if they want the CEO to start seeing them as strategic.

Martha goers on to say:

Make digital an enterprise capability

Whether you have ‘digital’ in your title or not, it is time to make digital an enterprise capability. This is not easy. If you are like most CIOs, you see digital innovation happening today all over your company. You are happy to see this activity but need to wrangle it into a core enterprise strategy that can scale.

Read the full article here: Critical success factors for the transformational CIO | I-CIO

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