The Changing Role of CIO in Business Transformation
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Added on  2023/04/21
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This report discusses the changing role of CIO in driving business transformation and the impact of technology on their responsibilities. It explores how CIOs are shifting from improvers to influencers to transformers, focusing on leveraging technology to achieve strategic competitive advantage.
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1|P a g e Abstract In this report the changing role of CIO is discussed. The CIO’s role is critical in keeping the business running. The CIO increasingly drives business transformation by recognition of the skills and expertise used to deliver IT-centred change is equally applicable to enterprise wide change. The role of chief information officer is changing fast due to innovation and transformation. The shift in chief information officer Role is from improver to influencer to transformer they focus on shifting their roles according to the technology.
2|P a g e Table of Contents Introduction................................................................................................................................1 The changing role of CIO..........................................................................................................1 Conclusion..................................................................................................................................9 References................................................................................................................................10
3|P a g e Introduction The last assignment also focused on the changing role of CIO. The role of the CIO is changingwithtimeinordertofurthertheroleoftechnologybyhelping organisations to achieve strategic competitive advantage. It also enables business to innovatethekeyrolebyinnovatenewideasandexpandingthebusiness responsibility. The role of CIO is divided into four phases: first is transforming and generating lead by digital efforts. They also promote services over a digital platform by supporting and generating guidance for the existing system(Morabito,Viscusi and Themistocleus, 2015). In this research report the changing role of CIO is discussed. It was found that there is a modification in the role of CIO due to advancement in technology and the scope of digital economy. Chief Information Officer (CIO) is the apex information professional in any kind of Business and Corporate Houses. They work with various tools, techniques, and technologies and fulfil organization needs. The role and task of Chief Information Officer (CIO) is changing time to time and also varies organization to organization. The changing role of CIO The Role of the chief information officer is changing rapidly over past decades and has offered decision making. The role of chief information officer is transforming and increasing its importance day by day. Increasing competition and constant changes have promoted to the change of role(Morabito, Viscusi and Themistocleus, 2015). In present time the relation between chief information officer and business units have improved which in turn has also reduced the time of fragmentation. The role has changed from support service to business leader, as chief information officer
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4|P a g e has become a fundamental part of the business. The chief information officer also focuses on value and business growth as they are expected to prioritise IT effort. They leverage IT services and strategic sourcing like cloud computing and SaaS (Morabito,Viscusi and Themistocleus, 2015).(Locoro and Ravarini,2019). They embraceinnovationintheprocessbyengagingcustomerssothattheystay competitive. The work role has changed of chief information officers as they are required to be at forefront of industry so that they can make changes and integrate new technologies in the organisation. Chief information officer work on many tools and technologies so that organisational needs could be completed(Locoro and Ravarini, 2019). (Source:https://www.slideshare.net/Performance_MNGMNT/the-changing-role-of- the-cio)
5|P a g e Literature Review According to (Korhonen,2015), they are basically responsible for collecting the information, selecting the data, organising and processing the work. The roles and duties are modified of chief information officer they are responsible for transitional informationchannelsandformcreationanddevelopment.Theyalsohelpin information generation and management as they use documentation and similar techniquestoavailinformation.Theyarealsoresponsibleformaking communication between one to another. It helps in clearing the miscommunication between internal employees.They also generate report and control the flow of information by providing accurate information to the management department. The role of chief information officer is the heart of business as they keep the view of the organisation. In the views of(Milovich, 2015), the role of chief information officer is changing as they are treated as the junction between technology and business process. It is the duty of chief information officer to understand to understand the aspects of an organisation in terms of technology. They understand and implements the technology in processes and also custodian it (Morabito, Viscusi and Themistocleus, 2016). The role of chief information officer has changed from past years and the reason behind this is the budgets of IT organisations. The decisions on investments have become collaborative ad the interest is increasing in using technology for making decisions. Apart from that, technology is viewed from one perception to other(Krotov, 2015). There is a modification in the role as know business works on top to down approach rather than bottom to up approach.
6|P a g e (Source:https://www.znetlive.com/blog/changing-role-of-the-cio-with-cloud- adoption/) According to(Krotov, 2015), Chief information officer is responsible for various actions in an organisation like managing cost, keeping the needs and requirements updated, acting as an information brokers, delivering the changes and bringing new business model innovation. It is the duty of chief information officer to control and monitor the impact of information technology on an organisation. They also assure that security needs are running up correctly and offer insight support for business decisions. The role of chief information officer is to generate new ideas and solutions so that business processes gets enhanced by becoming active business partner (Kratzer,Lohmann,Roeglinger,Rupprecht and zur Muehlen, 2018). Then they prepare and develop ways through change can be implemented. They shape the
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9|P a g e functionalities and user centric environments have become so popular thus it is the role of CIO to embrace these technologies in the working culture. These technologies will help in completing the process faster and also offer a better path towards success.Theyknow,predictandunderstandthebusinessbyusingadvanced technology. They work in a direction through which business can grow and optimize the IT architecture. The role of CIO also covers securing the organisational asserts. Theyareresponsibletotakingcarethatinformationissecureandintegrity, confidentiality and availability are maintained. CIOsofanorganisationmainlyfocusonfivecriticalareaslikeanalytics, architecture,security,optimizationandgrowth.TheevolvingroleofCIOis implementing information technology in system and services. They now focus on maintenance of processes rather than just procurement(Shao,Wang and Feng, 2016). When the role of CIO entered the business it typically focused only on technology that corporates the world. But, the role of CIO has changed sustainably. They now focus on the fact that IT has captured all the business operations.CIOs have the potential to ensure that employees and managers alike strive to learn, adapt, and build resilience(Tumbas, Berente and vom Brocke, 2018). If strictly talking about the job role of CIO it has found that they are lead the business to digital transformation. They maintain, collect and organising the exciting data in a way that it can be used to make future predications. CIO takes the responsibility the type of that need to be collected at the first place. The reason behind the change in nature of job of CIO us digitalization and technological innovation. They focus on scaling the business digitally and reaching to wider
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10|P a g e audience. They also increase the profit margins as more clients more profit(Singh, 2015). The role of CIO is to grow and develop the business digitally and emphasis on attaining business objectives. Thy also look over the issue of cyber security and artificial intelligence so that they can change the working culture. One of the new job role of CIO is to build strength and scale the business into the digital ecosystem. In the present time, the concept of online trade and services has increased. Thus, it is important to transform the business to digital platform so that it is easily accessible by everyone(Tumbas, Berente and vom Brocke, 2018). The role ofCIOhaschangedasnowthefocusismoreontechnologicalparameters. Technology had a huge influence on the role of CIO as now the information need not to be maintained mainly but the access to information is done by using advanced technology. This has also increased the work ofmaintaining the security of sensitive data. This is the role of CIO, they need to design policies through which security can be maintained. The increased responsibility of CIO has made them to be closely aligned with the business strategy. They also understand the workflow between the company and their customers. They inculcate the technological areas like internet of things so that business output could be optimized. The only motive of a CIO is to improve the working conditions and the processes so that best possible results are served(Chen, Preston and Tarafdar, 2015). They also deal with the internal conflicts between the employees in an organisation and try to resolve it so that performance of employees is not affected. So, it can be said that they are responsible for creating an effective team in an organisation (Wunnava, 2016). Digital transformation has brought CIOs o toes as they take part in all the roles. They are responsible for proactive transforming the business to digital world. CIOs work
11|P a g e in a direction for growth and scale the challenges so that digital work can be completedsmoothlybytakingcareofsecurity,agility,scalabilityofallthe operations. The main role with increasing technology of CIO is to protect the enterprise and service from cyber-attacks and crimes(Bowen and Bowen, 2017). CIO work in a direction to empower the employee to improve their performance. This could be done by establishing training sessions for the employees so that they understand the terms s of new technology (Wunnava,2016). Apart from that, various security parameters are introduced in the organisation so that sensitive data remains secure from all the cybercrimes. CIOs have made the working culture flexible by leveraging the power of hybrid clouds and automation in the working culture. The role of CIO us to deliver superior experience to the employees and customers and help the company to achieve the digitaltransformationobjectives.Theyinnovatecontinuouslytosolveallthe business problems. This is the new role of CIO that is to contribute for the growth by innovating ways and helping employees to perform best(Zimmermann, Petrikina and Schröder, 2015). Apart from that CIO is responsible for creating a data driven culture by analysing the data and activities done by the customers. It helps them in analysing new revenue model by finding out the shortcomings faced(Zimmermann, Petrikina and Schröder, 2015). In an organisation the role of CIO is to invent new path so that connection between employees and clients could be established his improves customers satisfaction as well as brand image. CIOs focus more on the experience gained by the customers and uses data to predict customer satisfaction. The data analysed in future used to taken actions by adding values and improving customer agreement.
12|P a g e
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13|P a g e Conclusion It can be concluded from the research that the role of CIO has changed from past decades as now they are responsible for many activities. Some of the activities that are undertaken by Chief Information Officers are business technology, management, security of an organization along with web security, information security. Another way in which the role of Chief Information Officer (CIO) role is changed is that the focus on service management is increased. Technology management is also important aspect of Chief Information Officer. This is an important job position in all the corporate houses and business firms. They deal with data so that better knowledge management can be done to take decisions by generating reports and business solutions. In this report, the information systems and innovation challenges faced by the organization related to the CIO role.
15|P a g e Krotov, V., 2015. Bridging the CIO-CEO gap: It takes two to tango.Business Horizons,58(3), pp.275-283. Locoro, A. and Ravarini, A., 2019. The CIO and CDO Socio-technical Roles in the Age of Digital Business Transformation: An Interpretive Study. InOrganizing for the Digital World(pp. 235-245). Springer, Cham. Milovich Jr, M., 2015. Moving Technology Leaders up the Influence Curve.MIS Quarterly Executive,14(1). Morabito, V., Viscusi, G. and Themistocleus, M., 2015. Understanding the changing role of CIOs in the big data and analytics era: an empirical investigation. InWOA 2015 (XVI Workshop dei docenti e ricercatori di Organizzazione Aziendale), 21(2),pp. 21-30. Morabito, V., Viscusi, G. and Themistocleus, M., 2016, June. Big data and analytics leaders: The changing role of CIO. In Proceedings of the 2016 ACM SIGMIS Conference on Computers and People Research (pp. 39-46). ACM. Pinho, C. and Franco, M., 2017. The Role of the CIO in Strategy for Innovative Information Technology in Higher Education Institutions.Higher Education Policy,30(3), pp.361-380. Rehm, S.V., Goel, L. and Junglas, I., 2015. Role of information systems in empowering innovation networks. MIS Quarterly Executive, 14(3), pp.87-103. Shao, Z., Wang, T. and Feng, Y., 2016. Impact of chief information officer’s strategic knowledge and structural power on enterprise systems success. Industrial Management & Data Systems, 116(1), pp.43-64.
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16|P a g e Singh, K.D., 2015. Chief information officer's role-addressing agenda beyond role definition.International Journal of Information Systems and Change Management,7(4), pp.338-352. Tumbas, S., Berente, N. and vom Brocke, J., 2018. Digital innovation and institutional entrepreneurship: Chief Digital Officer perspectives of their emerging role.Journal of Information Technology, pp.1-15. Wunnava, P.V., 2016. The Changing Role of Unions: New Forms of Representation: New Forms of Representation. Routledge, pp. 21-90. Zimmermann, K., Petrikina, J. and Schröder, N., 2016, January. The CIO Leadership Mosaic--Results from a Qualitative Survey in the Silicon Valley and San Francisco Bay Area. InSystem Sciences (HICSS), 2016 49th Hawaii International Conference on(pp. 4891-4900). IEEE.