CMP Technology Custom PublishingSmart Enterprise Magazine: Technology Insights and Perspectives for CIOsJoin Smart Enterprise Exchange: An Exclusive Peer to Peer Resource for CIOs
Home > Features > Cover Story
The New Breed of CIO
Globalization, the Internet and increased competition are challenging IT leaders to become true business leaders, not just technologists. These CIOs are ready.

By Larry Lange

Get the full research report
only available to Smart Enterprise Exchange members. Join today! www.smartenterpriseexchange.com

***MEMO***

TO: The Enterprise CIO
FROM: The CEO and Board of Directors
SUBJECT: Changes to the CIO Role
DATE: Right Now

The role and responsibilities of our company's chief information officer are
changing. While we appreciate your leadership skills in managing the IT
division to this point — and duly note your sharpened focus in aligning IT to
the objectives of the business — the company now needs you to become an
integral part of the executive team.
As of today, please begin to address the following tasks:

  • Participate as a member of the executive committee and contribute to
    boardroom discussions. Be prepared to discuss general ledgers, income
    statements, P&L sheets and market valuations as they pertain to the
    business.
  • Find and implement new business-centric processes, platforms and
    systems — but only after approval of, and participation with, executive
    management. Clearly communicate the benefits of said new components
    to the CEO and the board as they pertain to business outcomes.
  • Create new concepts for revenue streams for the business. Then
    implement said concepts, while keeping costs to a minimum.
  • Drive innovation inside the enterprise — and to our customers and
    partners — while keeping costs to a minimum.
  • Become proficient about the business and the business goals and
    objectives. Then motivate and train the IT division to become expert on
    these subjects, too.
We hope to receive your progress update within 90 days, and we wish you
good luck.


SEARCH ARTICLES:
 



Subscribe to
Smart Enterprise
magazine and eNewsletter
First Name:
Last Name:
Email: