In the age of ‘big data’ and all pervasive social media the role of the CIO is increasingly important. However, traditionally seen as a ‘techie’, the CIO needs to shift perspective to operate as a business leader; and the newly appointed CIO must position her or himself to take on this leadership role.
The increasing sophistication of communication technologies and channels, data analytics, market intelligence, and virtual working in organizations has dramatically increased the strategic importance of information. At the same time, digital literacy in the boardrooms of the organizations this affects remains far too low. This has created a leadership vacuum that the CIO can potentially fill.
To fulfil this potential the CIO needs to step up and act like a legitimate business leader. Yet historically, and in many organizations today, the CIO is more comfortable working on the technical aspects of IT systems than helping to devise and deliver overall business strategy.
Recent research into the role of the Chief Information Officer (CIO) has highlighted what newly appointed incumbents must do to succeed. Professor Joe Peppard, from the European School of Management and Technology (ESMT) in Berlin, suggests there are five things newly appointed CIOs must do in order to become credible and legitimate business leaders.
Professor Peppard says, “This research shows the way for newly appointed CIO’s in what is an increasingly daunting and ambiguous role. Given the disruptive potential of technology, the CIO is perhaps more important to todays’ organization than ever before, and yet they are often still seen as the ‘Black Sheep’ of the C-suite.”
It should be the CIO’s responsibility to work with C-suite colleagues to make sure that information is harnessed in the most beneficial way for the organization.
Boards and C-suite colleagues need to encourage the CIO to take on this responsibility, provide the necessary support, and become themselves more digitally savvy.
For HR and L&D heads there is a need to ensure new CIOs have the support they need to operate effectively in a leadership role within the organization, and that they receive the necessary leadership development and coaching to maximise their leadership capabilities.
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