How CIOs Can Contribute To Corporate Strategy
InformationWeek, Tuesday, December 17th, 2024
Chief executive officers and corporate boards want their digital chief information officers on the strategic team, but what can CIOs offer to the efforts?
Companies want CIOs to weigh in on corporate strategy, yet most CIOs find that they must carve out their own strategic roles. What's the best way to do this?
At first blush, it might seem that there is no 'best way,' because the idea of a CIO sitting at the corporate strategic roundtable is relatively new.
An initial driver for CIO strategic engagement was ushered in with the launch of digitalization initiatives. Digitalization made CEOs and boards realize that technology would be a driver of business success. This prompted a deluge of invitations to CIOs to attend strategic meetings, even though no one (including CIOs!) knew how and what CIOs would contribute. Ultimately, it was left to CIOs to define their own strategic business roles.