CIOs are increasingly required to master business concepts beyond technology to meet CEO expectations for organizational success. Essential areas of knowledge include understanding domain knowledge across departments, financial acumen regarding business value creation, and familiarity with market positioning strategies. This knowledge enables CIOs to align IT projects with business objectives effectively.
Furthermore, change management has become crucial, as CIOs must lead digital transformation initiatives while supporting organizational shifts. According to surveys, a significant percentage of CIOs identify as change agents, recognizing the need for emotional intelligence, leadership, and communication to navigate challenges. Additionally, understanding business risk in all its forms is vital, allowing CIOs to make informed decisions that affect financial performance and regulatory compliance. Overall, today’s CIOs must be versatile leaders capable of driving business growth through strategic technology alignment while managing risk and leading change.
👉 Pročitaj original: CIO Magazine