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Innovation, growth top priorities for business: Deloitte survey

T.C. Seow | Nov. 13, 2015
Yet findings show limited investments, Deloitte survey shows

Looking beyond their specific industries, CIOs are becoming more focused on the broader ecosystems in which businesses operate. To that end, the survey found that more than half of CIOs chose one priority different from the top three for their industry.

Vision for CIO leadership role
According to Deloitte, CIOs seek to execute against these varied priorities, and they leverage a diverse set of skills and leadership approaches, despite the survey having found that 91 percent of CIOs do not believe they have all of the requisite skills to be a successful tech leader.

The survey found that CIOs vary significantly in how they deliver value to their organisations and are naturally clustered across three patterns:

  • Trusted Operators: Deliver operational discipline within their organisations by focusing on cost, operational efficiency and performance reliability. They also provide enabling technologies that support business transformation efforts and align to business strategy.
  • Change Instigators: Lead technology-enabled business transformation and other change initiatives. They allocate a portion of time to supporting business strategy and delivering enabling technologies.
  • Business Co-Creators: Spend most of their time on business strategy and driving change within their organisations to ensure effective execution of the strategy.

"In order to truly shape the future of business, CIOs should assess their current competencies and business needs in order to chart out an unambiguous vision for the future," said Khalid Kark, U.S. CIO research director, Deloitte Services LP. "As the CIO crystallises their leadership vision, they can be in a stronger position to identify the skills, relationships and technology investments they need to fulfil their business priorities."

 

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