In the past, the caliber of your digital IQ would essentially amount to how much you knew about IT issues and trends. No longer. Today, a CIO's ability to collaborate with C-suite executives can raise the standards for both tech and overall company performance, according to a recent survey from PwC. The company's fifth annual Digital IQ report reveals that organizations with strong collaborative practices among senior leaders are four times more likely to excel than those that do not, in terms of margin/revenue growth and innovation. They also tend to remain more active in the cloud. And they're better prepared to give employees what they need to perform. "Firms with a better digital IQ can deliver and innovate in a world where the rapid pace of technology is fundamentally reshaping global commerce," says Chris Curran, a PwC principal and chief technologist for the U.S. firm's advisory practice. "Digital IQ is about the CIO orchestrating--rather than owning--conversations." For the purposes of the report, respondents were divided between those who feel their company leadership was highly collaborative and those who didn't. More than 1,100 senior executive leaders worldwide took part in the research.
Deadline Diligence Strong collaborators say that 62% of their strategic IT initiatives were delivered on time over the last 12 months, compared to 34% of other survey participants who reported the same.
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