We've said a lot about the chief information officer this month.
So what do you think, Mr. CIO?
Mr. CIO for us today is Ian Cox, who was a finalist for the British Computer Society’s CIO of the Year award in 2011 and was also ranked among the top 100 UK CIOs for 2012 by CIO Magazine.
Will the role of the CIO fade away?
"The suggestion that the executive functions of the CIO could be subsumed within another C-level role is to misunderstand and grossly undervalue the role of the CIO," the London-based Cox told CMSWire. "In effect it is saying that what a CIO does can easily be done by another C-level role, that being a CIO doesn’t require specialist knowledge or skills in the same way as other senior roles do. This couldn’t be further from the truth."
The CIO, Cox added, has what no other C-suite executive has: a view across the entire business lifecycle and the ability to identify how technology can be used to realize value across this lifecycle.
"In the digital age technology is being used to disrupt industries, create new business models, products and services," said Cox, author of the best-selling book, Disrupt IT.
"To be successful in the digital age businesses need a strong CIO that works across the C-suite to ensure an integrated and consistent approach to technology. The CIO therefore has a key role to play in shaping and leading the digital transformation of their organization."
Marco Pacelli, CEO of ClickFox, argued earlier this month that the role of the CIO is ultimately morphing into the "CAO" or "CDO": Chief Analytic Officer or Chief Data Officer. CIOs used to be, he said, the "smart folks" in the building — but they're no longer the only ones.
Cox said that while the role of the CIO is changing for sure, it is not diminishing in importance or relevance.
"Indeed, given the importance of technology to the modern enterprise and its potential to drive business transformation and generate competitive advantage, I would argue that the CIO role is actually becoming more important," Cox said.
But CIOs do need to change. Cox calls for changes in his Disrupt IT book through a new model for IT in the digital age including a radical transformation of the IT function and a repositioning of the CIO role.
To ensure each are equipped to meet the needs of the digital business.
"The digital business needs a CIO," Cox said, "but it has to be the right type of CIO."
Speaking of change, we asked Cox to compare the role of the CIO now to 10 years ago. He told us it's gone from being a technology and service provider to being a technology and service broker.
"Ten years ago the outsourcing market was far less mature than it is now," Cox said. "Offerings such as Software as a Service (SaaS) were very limited and the cloud did not exist. CIOs therefore had to provide, maintain and support technology for their organizations as there was little or no alternative."
But the tide began to turn five years ago, when the CIO could procure some of what their organizations needed from service providers instead of having to provide it themselves.
"And now," Cox said, "many organizations can obtain the vast majority of their IT requirements from third parties. This means the CIO can spend less time managing the day-to-day running of IT and more time on how technology can be used to add value to the organization."
Being a CIO today, Cox said, is less about being "technical" and more about facilitating the processes that are enabled by technology.
CIO Reporting to CMO?
No, Cox said.
Digital, he added, spans the entire organization. It is a lot more than just marketing.
"Technology and data are being used throughout the organization to transform processes, business models, products and services," Cox said. "The CIO is key to this, which is why they need to be part of the senior management team instead of being buried under the marketing function."
Cox isn't suggestion a separation of marketing and IT. There needs to be, he said, a close working relationship between marketing and IT.
"But that’s no different to how IT must work with other functions," Cox added. "The CIO has to work closely with all of their C-suite colleagues to ensure the organization can maximize the return from its investment in technology."
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