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CIO succession planning critical as IT drives business growth

Clint Boulton | Aug. 27, 2015
CIOs say proper succession planning is a crucial part of their responsibilities. But it's not an easy job at a time when talented IT staff can rake in big salaries working on innovative projects, without putting themselves under the C-suite microscope.

Ferro agrees, noting that the proverbial "seat at the table" CIOs at large companies earn today comes with a strong focus on operations and administrative overheard that may not appeal to technical people who want to live on the "bleeding edge" and would rather lead an innovation hub versus sitting in performance reviews, board meetings and audit committee meetings. Even so, he says, it's important for CIOs to try to cultivate the best talent they can to step into their shoes. Not just for the welfare of the company, but for the rank-and-file staff whose livelihoods depend on a strong IT leader. "They’re working their butts [off] and you owe it to them to minimize the disruption in their lives.”

 

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