By Chloe Dobinson
Sept. 14, 2016
A CIO's responsibility is not only to produce new IT products and services but also to reduce costs. The CIOs role has become dynamic in building relationship with the marketing, finance and HR departments with a cross over in skills.
CIO as a strategic business partner: Vision for improvement
The CIO can make an effective change in managing IT across the organisation. A CIO can engage all the staff in the business about how technology can improve their effectiveness. A better understanding of the products and a stronger background in IT will motivate staff of how it will add value to the company.
CIO 100 member John Linwood is CTO and CIO of Wood Mackenzie, and he is using his proximity to the CEO and the way he communicates with other executives to influence the organisation's business strategy.
He said: "I report to the CEO having moved technology from being a back office function to becoming a partner to the business, helping shape solutions based on outcomes instead of simply implementing business-provided specifications."
CIO Linwood has also taken an 'active role' in product innovation and securing executive support for the strategic value of technology.
He said that he was able to get board level buy-in through communicating to executives the strategic value of technology to the business.
"I sit on the company's investment committee which signs off all capital investment and this gives me a great opportunity to influence the business too," he added.
The CIO's seat at the strategy table will increase their leadership skills. The CIO can become a dynamic figure in the enterprise in building relationships and taking risks with innovative tech projects. The digital agenda has enabled the CIO to move away from day-to-day IT tasks to creating a business strategy through customer engagement, resources and investments.
Source: CIO UK