CIOs need to commission strategic projects within their first 100 days in the job if they are to be seen as successful, according to research.
The research, covering 50 CIOs at 350 FTSE companies was sponsored by IT services supplier EDS and was carried out by Populus. It found that UK CIOs stay in position for slightly longer than three years despite increasingly complex IT transformation projects that take longer to deliver results.
The research also said CIOs and CEOs need to work together more closely. “The CIO needs to be able to explain the bottom-line benefits and how they can affect true business transformation while keeping the business running as normal day to day”, said Sean Finnan, vice-president and managing director, EDS UK and Ireland Commercial Business.
Finnan said CIOs are “caught in a value trap; 60% to 80% of IT budgets are being spent on keeping current environments alive. CEOs see most of their money being spent on just standing still”.
Comment on this article: [email protected]