Intelligent CIO Europe Issue 27 | Page 47

system errors and implement operational improvements, but to leverage technology in ways that support new corporate initiatives and help generate new revenue streams – and at the heart of such transformation lies the CIO. The need for better IT According to IDG, 88% of today’s CIOs are more involved in business transformation than any other individual at their level within their company. Once mainly reporting to the CFO and boasting a strictly technical background, the CIO’s role is becoming more influential as technology is placed at the heart of business strategy and many organisations have changed the CIO’s immediate report from the traditional CFO to the CEO to ensure that there can be an open dialogue and direct visibility. In fact, so strategic has the role of the CIO now become, that many well-known innovative businesses have already appointed previous CIOs as CEOs including NHS Digital, Tesco, Reuters and BT Openreach, and according to technology officers surveyed a few years ago by Korn/ Ferry, 51% aspire to be CEOs at some point in their careers. www.intelligentcio.com “ CIOS NEED TO RESHAPE THE WAY THAT AN ORGANISATION ‘DOES IT’. The need for a sharpened focus on IT, and the subsequent rise of the CIO, are significantly linked to the ‘instant gratification world’. Organisations worldwide across all industries are getting to grips with the fact that today’s consumers are more demanding than ever. Tech pioneers such as Amazon may be to blame for this phenomenon, offering customers such immediacy to the point that if, for example, a retailer can’t manage same-day delivery, it is promptly disregarded for a competitor. Customers want speed and simplicity so businesses must enhance their digital capabilities to deliver on these expectations. That’s where the CIO comes in – their job is to ensure the business is equipped with the right technology and ensure that this is constantly updated so as to keep up with ever-evolving customer demands. In order for this to be possible, CIOs and their teams must increase emphasis on the customer experience and build IT around user needs. In order to develop an environment which grows future leaders, CIOs need to reshape the way that an organisation ‘does IT’. Delivering outstanding service for internal and external stakeholders is impossible without efficient processes and streamlined operations. Under the direction of the CIO, organisations must implement the right tools in order to enhance operational efficiency and improve IT workflows. While there is certainly a need for innovative solutions to business problems, these simply cannot be implemented without agile IT systems and culture. If a CIO focuses exclusively on ideating and leaves the ‘IT plumbing’ to others, they risk taking the express elevator to the top floor of the Ivory Tower, where grandiose ideas are out of touch with business reality and cannot be realised. What makes this transformation challenging is the fact that IT is currently scattered across siloed departments and lacks INTELLIGENTCIO 47