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“Many believe their companies would immediately feel the impact if they stopped spending the necessary capital on digital transformation,” the report said.Ī number of these CIOs said they face “significant headwinds” because their current technology stack is not up to the tasks their organization’s face. Three out of four (77%) of respondents answered affirmatively to the question “My company/organization’s success and failure hinges more on my performance as CIO than other C-Suite roles.” They also see themselves as pivotal to their organization’s overall success. While many CIOs are still viewed by their business counterparts as order-takers whose main job is to keep the lights on, of the 525 CIOs interviewed for the study 92% said they are asked to make decisions and investments “that go far beyond technology.”įor example, 42% reported that they are involved in diversity, equity and inclusion efforts, 28% said they have finance and procurement responsibilities and 29% said they are part of organizational restructuring efforts. SEE: 3 key issues faced by CIOs and IT executives (TechRepublic) “These C-Suite executives represent a de facto mission control - sitting at the center of corporate strategy, digital and technological innovation, operations, business growth, and talent development.” “Today, CIOs are now engaging in all facets of a business including human resources, finance, digital optimization and integration, DE&I, and corporate sustainability,” the report said. Eighty-nine percent of respondents said their role is more important today than it was two years ago. The COVID-19 pandemic has only added fuel to this already hotly burning fire, according to a Lenovo’s new SSG Global Study of CIOs report.
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How to hire an IoT Architect (TechRepublic Premium) “They are also re-envisioning the role of IT functions within each business unit as computing complexities increase and decentralization of in-house IT takes hold.” Must-read CXO coverageĢ022 tech conferences and events to add to your calendar “As CIOs continue to engage directly in more facets of the business including HR, finance, DE&I, and corporate sustainability, their roles and responsibilities will continue to evolve and grow,” said Ken Wong, president of Lenovo’s Solutions and Services Group. This is because technology-fueled digital transformation initiatives at most organizations today are the driving force behind topline growth and bottom-line efficiency. To anyone who follows the IT industry, it will come as no surprise that the role of the CIO has been expanding in importance and responsibility over the past decade. A new report from Lenovo explores the changes. The role of the CIO has changed markedly to reflect the dramatic impact of the COVID-19 pandemic and digital transformation. Lenovo: Most CIOs today see their role as critical to their organization’s success