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Technology is transforming virtually every sector of business, regardless of company size, industry or geography. As CEOs begin to realize the strategic impact that IT has on the entire business, their expectations from CIOs are increasing dramatically.
Research by the Harvard Business Review found that, more than ever before, CEOs and CIOs are at odds over the role of IT in an ever-changing tech-driven business environment. Many CEOs believe that CIOs are not in sync with the current issues companies face, and on the other side, CIOs do not understand where the business is going or how to best support strategic goals.
Below are some key findings highlighting the clash between CEOs and CIOs:
At the same time, CEOs are demanding more visible value from their CIOs:
With all the challenges facing CIOs, they risk being marginalized if they don’t adapt. So the question becomes: How can CIOs drive business innovation?
While there are no set answers to this question, HBR compiled some good suggestions from CIOs at highly respected companies:
At Caspio, we enable both business users and IT professionals to implement technology projects, so we continuously witness how aligning business goals and tech innovation can yield game-changing results. Caspio’s business productivity platform is designed with this vision in mind, with companies of all sizes successfully leveraging the platform to deliver tangible business results in a timely and innovative way.
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