CIO & LEADER-November 2017 (1)

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Insight C for CIOs; C for Change It is known that digitalization and technological evolution has transformed the role of the CIO By CIO&Leader 22 CIO&LEADER | November 2017
Insight A According to 2018 Gartner CIO Agenda Survey, 51% of CIOs surveyed in India reported that they are taking charge of innovation and 49% have indicated that they are heading up digital transformation. The survey results show that, overall 95% of CIOs expect their jobs to change or be remixed due to digitalization. IT delivery management is taking up less and less of the CIO's time. Respondents believe that the two biggest transformations in the CIO role will be becoming a change leader, followed by assuming increased and broader responsibilities and capabilities. Globally growth is the No. 1 CIO priority for 2018 However in India, CIOs reported optimizing enterprise operational excellence (66%), tracking business value of IT (64%) and business cost optimization (62%) as their top priorities. The good news for CIOs in India is that more money will be available to support these priorities. IT budgets in India are expected to increase by 7.4% in 2018. This compares to an expected 3% IT budget increase globally. Define the role – focus attention beyond IT At least 84% of all top CIOs surveyed have responsibility for areas of the business outside traditional IT. The most common are innovation and transformation. 51% of respondents in India said that the CIO in their organization is in charge of innovation while 49% said the CIO heads up digital transformation and 30% said the CIO leads enterprise change. The survey found that CIOs are spending more time on the business executive elements of their jobs compared with three years ago. In fact, CIOs from top performing organizations are spending up to four days more on executive leadership. The more mature an enterprise's digital business is, the more likely the CIO will report to the CEO. In a change from previous surveys, respondents were asked to name the top differentiating technologies (in previous years they were asked about investment levels). Business intelligence (BI) and analytics still retain the No. 1 spot, with top performers most likely to consider them strategic. Implement the new role 79% of CIOs report that digital business is making their IT organizations more "change-ready," which suggests that now is a good time to implement change to the IT organizations, and, in turn, should make the transition to the new job of the CIO easier. The first part of the new job of the CIO is to build the required bench strength to scale the enterprise's digital business through support for the digital ecosystem. This means hiring new resources to put in place the right digital team structures. Some CIOs favor a separate digital team while others make digitalization part of the day job of IT. However, 71% of the top performers have a separate digital team to help them scale their digitalization efforts. The most common structure for these teams is to report to the CIO, although the biggest difference between the top performers and their peers is in the CEO reporting relationship of these teams. "The effects of digitalization are profound. The impact on the job of CIO and on the IT organization itself should not be underestimated," said Rowsell-Jones. "In this new world, CIO success is not based on what they build, but the services that they integrate. The IT organization will move from manufacturer to buyer, and the CIO will become an expert orchestrator of services. The real finding though is that this is happening now. CIOs must start scaling their digital business and changing their own jobs with it now." November 2017 | CIO&LEADER 23
Page 1 and 2: FEATURE 15 must-haves for the IT le
Page 3 and 4: S P I N E A 9.9 Media Publication F
Page 5 and 6: INTERVIEW "Manufacturing of tomorro
Page 7 and 8: THE DEMOCRATIZATION OF DIGITAL PAYM
Page 9 and 10: Cover Story A wrong assumption—li
Page 11 and 12: Cover Story “Beyond demonetizatio
Page 13 and 14: Insight Source: Freedom of the net
Page 15 and 16: Insight 1. SDN has lift off! With s
Page 17 and 18: Insight FFour out of five responden
Page 19 and 20: Insight T The onslaught of cyberatt
Page 21: Insight similarly be replaced by se
Page 25 and 26: Insight II. Digital transformation
Page 27 and 28: Insight DDon’t fear AI Machine le
Page 29 and 30: Insight Anthony Thomas to Join Niss
Page 31 and 32: OPINION Peanut Butter and Jelly Fin
Page 33 and 34: FEATURE 15 Books For The IT Leader'
Page 35 and 36: Feature BIG PICTURE World Without M
Page 37 and 38: Feature TECHNOLOGY Doing Digital Ri
Page 39: Feature SELF IMPROVEMENT/PERSONAL M

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