CIO & LEADER-Issue-10-January 2018 (1)

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Skills CIOs will Develop & Hire to Conquer 2018 By Shubhra Rishi
Cover Story L et's address the elephant in the room: The world is staring at a talent crisis. The Fourth Industrial Revolution is disturbing the demand supply equilibrium - creating a shortfall of new skills. This is a classic Catch- 22 situation where, on the one hand, CIOs are shifting their investments in favour of digital transformation. On the other hand, skilled IT workers are hard to come by. In a recent Skill Survey conducted by CIO&Leader, we found that 45% of Indian CIOs find it "hard" to hire the right skills for their department while 14% agree that it is rather "very hard" to fill in these highskilled positions. This is hardly a surprise because CIOs across the board identify the IT skills gap as a serious impediment to their growing digital ambition and they are under enormous pressure to help their organizations become agile and stay relevant in the current digital age. Every CIO is probably in a classic fear-of-missing-out moment with technology. One in every third CIO is either implementing an AI-powered digital initiative or leading the digital transformation initiative in the organization. According to recent Skill Survey, CIOs will hire skills in BI & Analytics, security, cloud, infrastructure, networking, vertical-specific skills, enterprise architecture, business consulting, among others. Today's business expect CIOs and their IT organizations to develop digital technology and business skills such as design thinking, data sciences, usercentric design and exposure to new technologies, such as IoT, Machine Learning, Big Data, and Blockchain, to drive transformation and sustain long-term benefits. Traditionally, CIOs have hired IT consultants, contrac- Vertical-specific skills 10% Which specific skills will CIOs hire in 2018? Cloud/Infrastructure/ Networking 17% Enterprise Architecture 17% Business Analyst 17% BI & Analytics 17% Security 48% Which leadership/business skills are CIOs planning to hone in 2018? 3% 3% Marketing Vendor Mgmt 14% Financial Mgmt 21% Team Mgmt 59% Business Transformation January 2018 | CIO&LEADER 17
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Page 10 and 11: COLUMN By Priya Dar Essential Trait
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Page 14 and 15: COLUMN By Rahul Kumar Cloud Securit
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Page 21 and 22: Cover Story Alok Khanna Executive D
Page 23 and 24: Cover Story Jaspreet Bindra Senior
Page 25 and 26: Cover Story Sunil Mehta Senior Vice
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Page 33 and 34: Insight VVisa have announced a surv
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Page 37 and 38: Security GGlobal organizations stan
Page 40 and 41: BANKING Farm All The Way To The Ban
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CIO & LEADER-Issue-10-January 2018 (1)