CIO magazine published a report at the start of the year discussing the state of the CIO. This annual survey is conducted with the goal of understanding how the role of CIO continues to grow and strengthen in today's business market. It also helps to define the CIO agenda for 2013. Now in its 12th year, the survey looks at all aspects of the position of CIO within the business structure; organization, budget, and responsibilities.
After reading the report there were three findings that most caught my attention. These three did so because of its direct impact on IT sourcing:
1. CIO's are shifting to a position of up front strategist. They analyze how the company can better use their resources to their advantage over the competition. Having identified 10 tasks that do not need to be micro managed by the CIO, opens up time and eventually capitol. This shift can occur but not at the expense of vendor management or IT contracting expertise.
2. CIO's want to shift spending to enable better relations. CIO's are hungry for ways to fund new IT initiatives rather than spending the bulk of their budget keeping current investments up and running. This shift from core systems to systems that help engage with customers and business partners alike. By helping CIO's reduce the costs of their current technology investments, they can be instrumental in finding the resources to fund IT innovation.
3. CIO's terms are growing, and have been so over the past three years. A CIO staying on board for longer periods of time allow for consistency within the IT department availing them to achieve their sourcing improvements with more ease. The problem is that different CIO's care about sourcing differently. So longer terms equals consistency.
As the goals of CIO keep getting met, and the numbers keeping improving, the more impact the position of CIO can be to your business.
After reading the report there were three findings that most caught my attention. These three did so because of its direct impact on IT sourcing:
1. CIO's are shifting to a position of up front strategist. They analyze how the company can better use their resources to their advantage over the competition. Having identified 10 tasks that do not need to be micro managed by the CIO, opens up time and eventually capitol. This shift can occur but not at the expense of vendor management or IT contracting expertise.
2. CIO's want to shift spending to enable better relations. CIO's are hungry for ways to fund new IT initiatives rather than spending the bulk of their budget keeping current investments up and running. This shift from core systems to systems that help engage with customers and business partners alike. By helping CIO's reduce the costs of their current technology investments, they can be instrumental in finding the resources to fund IT innovation.
3. CIO's terms are growing, and have been so over the past three years. A CIO staying on board for longer periods of time allow for consistency within the IT department availing them to achieve their sourcing improvements with more ease. The problem is that different CIO's care about sourcing differently. So longer terms equals consistency.
As the goals of CIO keep getting met, and the numbers keeping improving, the more impact the position of CIO can be to your business.
About the Author:
Joseph B. Kappernick specializes in helping Fortune 500 companies save money. He recommends that you visit NPI to learn more about IT cost reduction solution service
No comments:
Post a Comment