CIOs Face Internal Hurdles in Innovation Efforts

 
 
By Dennis McCafferty  |  Posted 04-29-2014 Email Print this article Print
 
 
 
 
 
 
 
 

While overall interest in tech innovation remains high within today's organizations, CIOs are confronting formidable internal hurdles to move their companies forward, according to a recent survey from Trace3. In fact, while nearly one-half agree that the overall goal of IT is to provide a framework to support innovation and drive revenue, just 10 percent say their tech teams are kept "well updated" on initiatives and rollout schedules. It doesn't help that a clear majority of tech leaders describe their companies as "reactive" or even "passive" on tech innovation, with many citing an overall lack of managerial support. "Companies today have an unprecedented opportunity to embrace technology in a way that drives top-line growth and contributes to their competitive differentiation and market expansion," says Josh Berezin, president of Trace3, an IT systems integration firm. "However, most have only scratched the surface in their ability to leverage the latest, most cutting-edge technologies in a way that moves the business forward. The role of IT is rapidly moving up the value chain within organizations and has evolved far beyond process efficiency. But companies still face serious challenges from a people and process standpoint in their ability to fully embrace and utilize the latest technology innovations." More than 100 CIOs, tech execs as well as business-side execs participated in the research. For more about the survey, click here

 
 
 
  • Top Tech Priorities

    Cloud adoption: 31%, Security: 23%, Networking, infrastructure: 22%, Big data analytics: 18%, BYOD, mobile: 6%
    Top Tech Priorities
  • Stuck in Neutral

    At least six of 10 CIOs and other tech execs describe their organizations as "reactive" at best—if not passive or "stuck at the gate"—when it comes to tech innovation.
    Stuck in Neutral
  • Communication Breakdown

    More than 55% describe their company's ability to communicate technology changes as "fair" or "poor."
    Communication Breakdown
  • Information Gap

    Nearly two-thirds say their organizations are only "fair" or "poor" at documenting, retaining and putting "tribal knowledge" about technology to use.
    Information Gap
  • Stalled Progress

    More than one-half describe their companies as "slow" at best—if not "shaky" or "shameful"—in delivering new IT initiatives.
    Stalled Progress
  • Biggest Tech Adoption Roadblocks

    Difficulties in engaging and training employees: 35%, Lack of management support: 32%, Inability to customize to specific needs: 28%
    Biggest Tech Adoption Roadblocks
  • Growth Incentive

    82% say it's "important" or "critical" for their organization to help them develop their skills and expand their knowledge base.
    Growth Incentive
  • Major Players

    Six of 10 CIOs and other tech execs say the CIO and IT department are viewed as "important" or "critical" within the organization.
    Major Players
  • Healthy Appetite

    Nearly 60% say their companies are either "hungry" or "starving" when it comes to embracing new ways to pursue tech solutions.
    Healthy Appetite
  • Tech Know-How

    47% describe their organization's execs as either "pretty good" or "inspiring" in terms of their own proper use of technology.
    Tech Know-How
 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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