Why Some Newer C-Suite Titles Fail
InformationWeek, Wednesday, June 5th, 2024
Corporate C-suites continue to expand, but the success rate of the newer positions depends on many things.
Today's C-suite is more likely to include non-traditional roles such as chief data officer, chief innovation officer, chief analytics officer and chief AI officer. While the mix of roles varies among companies -- as do the responsibilities associated with such titles -- the entire point of the new roles is to add expertise and accountability to areas in need.
Some of the roles may report to the CIO or the CEO directly. In rare cases, the CIO might report to a chief digital officer or other new title or be 'promoted' to one of those roles, such as chief digital officer since the world has gone digital. What mix of titles a business has depends on what it does, what its priorities are, the competitive landscape and the people involved.