Why CIOs Must Change Their Leadership Style
By Dennis McCafferty
75% of surveyed CIOs plan to change their leadership style over the next three years.
47% will seek to amplify their vision over the next three years, while 65% will reduce their ‘command and control’ efforts.
89% said that the digital world engenders new, vastly different, and higher, levels of risk, and nearly seven out of 10 said their organization’s discipline of risk management isn’t keeping up with the new, higher levels of risk.
50% consider business intelligence/analytics as a top IT investment priority, up from 41% in 2014.
37% said infrastructure and data centers are a top tech priority, up from 31% last year.
34% cite mobility as a top priority, up from 24% in 2014.
34% said enterprise resource planning (ERP) is a top priority, up from 26% last year.
32% said the cloud represents a top tech priority, up from 27% in 2014.
Just one out of 10 said their organization has a chief digital officer, but that’s up from last year.
CIOs must stop dwelling on the cost of IT per dollar of revenue, and focus on increasing the revenue per dollar of IT cost (thus, calculating tech productivity).
Projects now require more experimentation, innovation and learning. To maximize business value, CIOs should focus more on the execution and ‘benefits harvesting’ stages of the project life cycle.
A traditional, risk-adverse culture that views IT as simply an enabler of transactions will devour the most innovative of digital strategies.