2016 - 2017 Global CIO Survey
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Transcript of 2016 - 2017 Global CIO Survey
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 1Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
The Dbriefs Technology Executives seriesNavigating legacy: Charting the course to business value
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 2Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
About the participants
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 3Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Key findings from 2016-17 study
Nurture over nature to build a lasting CIO legacy
Digital transformations are more than customer facing tools and technologies
Navigating the journey from one pattern type to another requires adaptability
Customers dominate as business priorities shift
Bridging the IT capabilities and leadership competency gaps allow CIOs to deliver consistent business value
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 4Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
When it comes to nature, there was very little variance for the 20 nature attributes of a CIO. 75% of the CIOs surveyed share the top 7 traits:
Nature: Personality is not destiny
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 5Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Nature: Personality is not destiny
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 6Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Fortunately, the gaps lie within the nurture areas – where CIOs have the ability to develop capabilities and competencies to align with the business expectations and priorities
Nurture: CIOs can shape their own legacy
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 7Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Shifting business prioritiesCustomers are an important driving force for digital transformations and many business leaders are focused on tangible business outcomes
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 8Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
The shift toward the customer as the top business priority held true for eight out of the ten industries represented in our survey
Industry breakdown of top 3 business priorities
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 9Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
In this digital era, business leaders are increasingly their definition of digital beyond the customer experience
Digital transformation is more than just customers
CxOs are focused on:CEO: New business models for growthCFO: Analytics to drive valueCOO: Operational efficiencyCMO: Customer engagement
The broader view of digital also includes: Investments in legacy/core modernization Infrastructure consolidationCybersecurityData and analytics solutionsEmerging technologies
Customer focus
Supportingcapabilities
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 10Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Technology spendWhich of the following technology areas will have the most impact on your business in the next 2 years?
How would you evaluate your current level of investment for the following tech areas?
N = 1098
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 11Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Business expectations of IT, IT capabilities, and business priorities are out of sync in several areas
Five IT capability gaps
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 12Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Competency gapsWhen assessing their own leadership competencies compared to what a successful technology leader ideally needs, CIOs exhibited gaps in several areas
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 13Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Navigating the journeyIn order to navigate across patterns, CIOs will need to adapt and drive change in four main areas
IT capabilities: People, process, and technology based on the business context
Leadership & influence: Characteristics of a successful technology leader and relationships with internal stakeholders
Technology investments: Technology to bring about significant business change and drive value in the organization
Talent & culture: Hiring strategically and developing culture needed to meet business needs
Current State Future State
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 14Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
Key insights
Be adaptive: CIOs are not limited by personality traits or workstyles. They control their careers—and their legacies. By nurturing leadership competencies and IT capabilities they can switch among three legacy patterns, as their organizations evolve
Reimagine digital: CIOs are best positioned to shape and define digital for their
organizations. They understand data, legacy systems, business processes and operating models across the organizational silos, and can harness new technological disruptions to drive business value
Invest in talent and capabilities: The IT capabilities, and talent that CIOs develop
play the most important role in their legacies. To succeed, CIOs should engage, attract, invest in, and retain talent and skills to support their changing business needs
Cast a wider net of influence across the ecosystem: To drive digital
transformations and maintain influence CIOs should invest in building a healthy ecosystem of alliances and partnerships inside and outside their organizations and industry
Step up or step aside: The time for CIOs to act to build their legacies is now. Rise to
the challenges of the digital era by anticipating changes in business priorities and proactively driving the direction of the company’s digital transformation. If CIOs don’t stand up – they have to make way for other leaders in the company
The evolving expectations of the CIO: How leading CIOs are navigating successCopyright © 2017 Deloitte Development LLC. All rights reserved. 15Deloitte University Press | “2016-2017 global CIO survey” | @DU_Press @DeloitteOnTech
For more informationKhalid KarkManaging DirectorDeloitte [email protected]
Karen MazerPrincipalDeloitte Consulting [email protected]
Connect with me on LinkedIn
@KhalidKark
Connect with me on LinkedIn
@Kmazer1
To read the full report, visit DUPress.com
Learn how to put the CIO survey findings to work for you.
Follow and share your thoughts via @DU_Press and @DeloitteOnTech
About Deloitte’s CIO Program
CIOs lead unique and complex lives — operating at the intersection of business and IT to deliver value to their organizations. To help CIOs manage these challenges and issues, Deloitte has created the CIO Program. The program provides distinctive offerings to support the CIO career life-cycle through leadership development programs, immersive lab experiences, insight on provocative topics, and career transition support to complement the technology services and solutions we provide to our clients.
Contact: [email protected] or visit: www.deloitte.com/us/cio
Bill BriggsManaging DirectorDeloitte Consulting [email protected]
@wdbthreeConnect with me on LinkedIn
About DeloitteDeloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a detailed description of DTTL and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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