How Big Data is Redefining the Role of a CIO

 
 
By Dennis McCafferty  |  Posted 06-04-2014 Email Print this article Print
 
 
 
 
 
 
 
 

Organizations are empowering CIOs to maximize the value of all things data, whether structured or unstructured. In the process, these CIOs are expanding their impact by redefining their jobs, according to a new paper from McKinsey & Company. Simply stated, these roles break down as follows: business leader, product manager and recruiter. Given that the new roles require a far more proactive approach than those of the traditional CIO, McKinsey offers the following insights to help today's technology leaders make the transition. "CIOs must reimagine their role, seeing themselves—and encouraging others to see them—as chief executives of an information business," according to the paper, which was written by McKinsey's Janaki Akella, Sam Marwaha and Johnson Sikes. "Like any chief executive, the CIO should bring vision, direction and organization to the company's big data investment priorities. That means engaging internal customers on their biggest challenges while attracting the best talent and suppliers; most important, it means being accountable for execution and results." For more about the paper, click here

 
 
 
  • The Business Leader Who Discovers Winning Ideas

    Stay connected to outside parties—such as academic incubator hubs—to identify strong proposals about the use of big data.
    The Business Leader Who Discovers Winning Ideas
  • The Business Leader Who Determines the Metrics for Success

    Toward this goal, develop processes to forecast demand and supply, data quality, risk management, deployment timelines, etc.
    The Business Leader Who Determines the Metrics for Success
  • The Business Leader Who Pushes Ideas Into Production

    Work with tech providers to help them build proofs of concept, and then serve as a champion for long-term commitment.
    The Business Leader Who Pushes Ideas Into Production
  • The Product Manager Who Introduces Solutions of Efficiencies

    After mapping out data requirements of internal stakeholders, synthesize them to create a small set of standardized offerings, saving on costs and eliminating silos.
    The Product Manager Who Introduces Solutions of Efficiencies
  • The Product Manager Who Engineers New Systems

    These systems balance the need for business agility and cash flow against security and privacy concerns.
    The Product Manager Who Engineers New Systems
  • The Product Manager Who Builds a Thriving Supply Chain

    Sort out reality from the hype with regard to the abundance of vendors out there. One way: "Place a few bets" by experimenting with promising new data tools.
    The Product Manager Who Builds a Thriving Supply Chain
  • The Recruiter Who Goes Where the Talent Is

    Pinpoint geographic hotspots for the skills you seek. Find ways for these tech employees to join your team without relocating.
    The Recruiter Who Goes Where the Talent Is
  • The Recruiter Who Builds a Nonhierarchical Culture

    In today's collaborative, problem-solving environment, job titles aren't as important as allowing flexibility for varied but rewarding career paths.
    The Recruiter Who Builds a Nonhierarchical Culture
  • The Recruiter Who Finds Value in Something Other Than Money

    Yes, compensation matters. But a CIO who defines and promotes the meaning of the work will go farther in engaging data teams.
    The Recruiter Who Finds Value in Something Other Than Money
 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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