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Chief information officer

 
Investment Dictionary: Chief Information Officer - CIO
 

A company executive who is responsible for the management, implementation and usability of information and computer technologies. The CIO will analyze how these technologies can benefit the company or improve an existing business process and will then integrate a system to realize that benefit or improvement.

Investopedia Says:
The number of CIOs has increased greatly with the expanded use of IT and computer technology in businesses. The CIO will deal with matters such as creating a website that allows the company to reach more customers or integrating new inventory software to help better manage the use of inventory.

Related Links:
CEOs, CFOs, presidents and vice presidents: learn how to tell the difference. The Basics Of Corporate Structure
Learn about how the way a company keeps its management in check can affect the bottom line. Governance Pays


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Wikipedia: Chief information officer
 

The chief information officer (CIO) is a job title for the board level head of information technology within an organization. The CIO typically reports to the chief operations officer or the chief executive officer. In military organizations, they report to the commanding officer or commanding general of the organization.

The prominence of the CIO position has risen greatly as information technology has become a more important part of business. The CIO may be a member of the executive board of the organization, but this is dependent on the type of organization. CIO as a job title originated in the US, but is slowly replacing the term IT Director as the de facto title in Europe and Asia.[citation needed]

No specific qualification is typical of CIOs in general; every CIO position has its own specific job description. In the past, many were admitted to degrees in computer science, software engineering, or information systems, but this is not universal. Increasingly CIOs, especially those from a technical background, are gaining an MBA or MSc in Management to strengthen their management skills [1]. More recently CIOs' leadership capabilities, business acumen and strategic perspectives have taken precedence over technical skills. It is now quite common for CIOs to be appointed from the business side of the organization, especially if they have project management skills.

In recent years governments and government departments have employed CIOs and recruited them from the private sector. The main reason for this is that as government departments have modernized their processes they have made costly IT mistakes and now require highly experienced IT executives to cut the best deals for their organizations.

The CIO role is also sometimes used interchangeably with the chief technology officer role, although they may be slightly different. When both positions are present in an organization, the CIO is generally responsible for processes and practices supporting the flow of information, whereas the CTO is generally responsible for technology infrastructure.

In 2007 a survey amongst CIOs by CIO magazine in the UK discovered that their top 10 concerns were: people leadership, managing budgets, business alignment, infrastructure refresh, security, compliance, resource management, managing customers, managing change and board politics[2].

Chief Information Officer (CIO) is a job title commonly given to the most senior executive in an enterprise responsible for the information technology and computer systems that support enterprise goals. As information technology and systems have become more important, the CIO has come to be viewed in many organizations as a key contributor in formulating strategic goals. Typically, the CIO in a large enterprise delegates technical decisions to employees more familiar with details. Usually, a CIO proposes the information technology an enterprise will need to achieve its goals and then works within a budget to implement the plan. Typically, a CIO is involved with analyzing and reworking existing business processes, with identifying and developing the capability to use new tools, with reshaping the enterprise's physical infrastructure and network access, and with identifying and exploiting the enterprise's knowledge resources. Many CIOs head the enterprise's efforts to integrate the Internet and the World Wide Web into both its long-term strategy and its immediate business plans.

See also

References

  1. ^ Should You Get an MBA? - CIO.com - Business Technology Leadership
  2. ^ Granger: The final word - CIO UK Magazine

External links


 
 

 

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