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EY-CIOs-Born-to-be-digital

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Section 3A mindset forchange:six traits of the<strong>digital</strong>-ready CIOThose <strong>CIOs</strong> most engaged in corporate development showstriking differences in how they approach their jobs.We find these attributes <strong>to</strong> <strong>be</strong> closest <strong>to</strong> the core set of skillsand capabilities needed <strong>to</strong> drive the <strong>digital</strong> transformation,from vision and s<strong>to</strong>rytelling, <strong>to</strong> courage and a focus ongrowth. However, they’re just as applicable <strong>to</strong> any CIOwanting <strong>to</strong> stand out and perform in their role.An IT-intensive company can provide the ideal context for <strong>CIOs</strong> <strong>to</strong>embrace <strong>digital</strong>. But <strong>to</strong> actually do so still requires the individual inquestion <strong>to</strong> find the motivation <strong>to</strong> lead this change. In short, itdemands a different mindset.To delve deeper in<strong>to</strong> this mindset, we assessed the characteristicsof those <strong>CIOs</strong> most engaged in the strategic elements of their jobs,who are delivering both on business transformation as well asbusiness model-related innovation. These are the two elements thatThe DNA of the CIO identified as the most helpful for <strong>CIOs</strong> trying <strong>to</strong>stand out in their role — and they are, as this research reveals,fundamental aspects of driving <strong>digital</strong> transformation. While allthree sections of the wheel <strong>to</strong>gether represent the full remit of anygiven CIO, those IT leaders who push hardest and use innovation <strong>to</strong>change and develop their business are the ones most likely <strong>to</strong> <strong>be</strong>building a truly <strong>digital</strong> business.Among the IT-intensive industry <strong>CIOs</strong> surveyed, nearly one in four(38%) were focusing far more on these most strategic elements ofthe job. These leading <strong>CIOs</strong> show an ability <strong>to</strong> reframe their thinkingand present a positive s<strong>to</strong>ry <strong>to</strong> the rest of the business about howtechnology can deliver a very different future. “A lot of this is about<strong>be</strong>ing proactive. Being able <strong>to</strong> walk in and suggest where theopportunities are for the organization. Too many <strong>CIOs</strong> are simplyreactive, which is why they lose credibility with the rest of thebusiness,” explains <strong>EY</strong>’s Americas IT Advisory Leader Bob Sydow.This proactive approach is apparent in the wide range of areas inwhich these leading <strong>CIOs</strong> seek <strong>to</strong> create value, with strongengagement across everything from product innovation andoperational agility, through <strong>to</strong> supporting decision-making. At thesame time, they also carefully manage expectations, walking thefine line <strong>be</strong>tween keeping the business excited about the potentialof IT, while keeping a realistic sense of what’s truly possible.18 | <strong>Born</strong> <strong>to</strong> <strong>be</strong> <strong>digital</strong>

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