The Role Of The CIO Is Evolving: Here’s What That Means For Businesses

The Role Of The CIO Is Evolving: Here’s What That Means For Businesses

The CIO has the opportunity to be a transformational leader who can aggressively leverage technology and data to drive business results. Here are two ways CIOs can be those leaders. For many companies, that’s exactly what the past two years have been. After all, navigating the roiling waters of a pandemic and then a rising sea of inflation has required some big pivots. And for businesses that rely on traditional problem-solving and legacy technology platforms, those pivots couldn’t happen quickly enough. The result has often been severe cost-cutting and layoffs. Not coincidentally, there’s been a concurrent development in the C-suite. Increasingly, companies are calling on the chief information officer (CIO) to expand their function beyond managing IT and play a more strategic role in defining the organization’s future. After all, technology has become ingrained in almost every part of every type of business.

Medigy Insights

The role of the CIO has evolved beyond traditional IT management. The dependence on technology in business has led companies to recognize the CIO's importance in defining the organization's future. With the challenges posed by the pandemic and inflation, the CIO can step up as a transformational leader by leveraging technology and data to drive results. The CIO must serve as a bridge between IT and other areas and drive innovation to optimize business processes. In doing so, the CIO has the potential to contribute to the bottom line and guide the organization towards a more technologically advanced future.



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