CIOs must be prepared to cancel projects not essential to business survival and find new ways to cut costs and headcount as CEO restructuring plans unfold,says Gartner.
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"Today's CEO concerns provide an advanced look at what will become CIO priorities in six to 18 months," said Gartner analyst Jorge Lopez.
At the same time, CIOs will need to deal with unexpected acquisitions and divestitures, according to Gartner's analysis of top challenges for CEOs.
Gartners top challenges for CIOs in 2009
- Strategic staff appointments and layoffs will add to the IT workload as CEOs try to pull together the most effective workforce.
- IT departments will be called upon increasingly to help improve transparency as management becomes more data-driven to limit risk.
- CIOs will need to ensure IT departments are flexible enough to cope with rapid and large changes in strategies for growth as long as there is financial uncertainty.
- Regulation changes are also likely to demand quick responses from CIOs as governments demand greater oversight of business dealings.
- Environmental sustainability will remain on the CEO agenda, says Gartner, which will impact on CIOs because IT represents the biggest impact for many organisations.
- *CIO should, therefore, prepare to review policies and practices to fit in with businesses' need to satisfy environmental concerns.
- CIOs should be aware that restructuring is likely to proceed quickly and they should identify a team that will be ready to react when necessary.