CIO magazine published a report at the start of the year discussing the state of the CIO. This annual survey is conducted with the goal of understanding how the role of CIO continues to grow and strengthen in today's business market. It also helps to define the CIO agenda for 2013. Now in its 12th year, the survey looks at all aspects of the position of CIO within the business structure; organization, budget, and responsibilities.
After reading the report there were three findings that most caught my attention. These three did so because of its direct impact on IT sourcing:
1. A CIO's vision is to be in the forefront of strategic planning of the IT developments of the company. The survey pointed out 10 tasks that no longer need the focus of the CIO, opening time and then resources for them to analyze how the company can best use their leverage to be better than the competition. This also allows for the fostering of relationships with the customers. All of this can be accomplished without having a negative effect on vendor management and IT contracting expertise.
2. CIO's are striving to shift their spending to fund new IT initiatives. They envision the new projects helping engage better relationships with the customers and business partners alike. By reducing the cost of the current technology investments, CIO's can reach this goal of core systems to systems that engage customers and business partners.
3. CIO's tenure is getting longer. A consistent growth over the past three years. This is a major positive for the IT procurement. A longer tenure allows for consistency within IT which boosts strategic sourcing improvements.
The longer a CIO stays with a company, the more the numbers will improve. This improvement can then bast show how effective a CIO is to their business.
After reading the report there were three findings that most caught my attention. These three did so because of its direct impact on IT sourcing:
1. A CIO's vision is to be in the forefront of strategic planning of the IT developments of the company. The survey pointed out 10 tasks that no longer need the focus of the CIO, opening time and then resources for them to analyze how the company can best use their leverage to be better than the competition. This also allows for the fostering of relationships with the customers. All of this can be accomplished without having a negative effect on vendor management and IT contracting expertise.
2. CIO's are striving to shift their spending to fund new IT initiatives. They envision the new projects helping engage better relationships with the customers and business partners alike. By reducing the cost of the current technology investments, CIO's can reach this goal of core systems to systems that engage customers and business partners.
3. CIO's tenure is getting longer. A consistent growth over the past three years. This is a major positive for the IT procurement. A longer tenure allows for consistency within IT which boosts strategic sourcing improvements.
The longer a CIO stays with a company, the more the numbers will improve. This improvement can then bast show how effective a CIO is to their business.
About the Author:
Joseph B. Kappernick specializes in helping Fortune 500 companies save money. He recommends that you visit NPI to learn more about IT expense reduction solution service
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