While returning from New York this week, I thought of putting together the list of top 11 priorities of CIOs in 2017. I have captured this over the past 8 months during my interactions with multiple CIOs (x-industry). Please feel free to comment if you disagree with any of the below or if you have something to add (if I missed it big-time)
Happy reading !
Here are the Top 11 Priorities:
- This is the era of transformational (or esp. Digital) CIOs and CIOs will continue to not to compromise with legacy technology platforms and infrastructure and work towards improving it.
- Continue to focus on reducing time-to-market (i.e. its time to adapt/implement Agile/DevOps, and adoption of IaaS, PaaS)
- Innovate IT to compliment business’s vision to reduce “Idea to Implement” journey time. This is the most common challenge which businesses are facing. They have great ideas to run the business, however, if IT cannot help business implement those ideas in time, business will lose the idea to their competition.
- Evaluate technology solutions (SaaS, Apps, etc.) which Business may find attractive and build security and compliance environment to facilitate business to use those technology solutions.
- Focus on Security, Governance, Risk, and Compliance, and invest in identifying gaps and fixing gaps in security and compliance
- Business and IT Alignment – Identify what business is aspiring to achieve in next 2-4 years and then align IT capabilities with Business priorities.
- Organization alignment/restructuring to drive above priorities to make IT more effective (i.e. Plan, Build and Run organization may need to think what will be the org size under build if IaaS or SaaS will be leverage or what would be the new roles of people who would transition their roles to service providers (cloud providers, etc.
- Run hybrid IT seamlessly (Traditional datacenter based IT and Cloud based IT)
- Cost optimization – identify ways to reduce costs (i.e. technology and tools consolidation, datacenter consolidation, opex/capex, support outsourcing/home sourcing, leveraging SaaS to reduce IT complexities, automation/orchestration, deploying more contractors for short term projects, etc.)
- Bi-Modal IT – Run IT as a marathon and sprint runner at the same time. One arm to provide innovation/ideas/agile based IT, and other side to be “keeping the lights on”. In the last 3 years, business goes to IT for “keeping the light on” and opt external providers (cloud/saas/iaas) for innovation/idas/agile IT needs. CIOs need to fix this gap.
- Opex and Capex decision – with evolution of Cloud or pay-per-resource model, CIOs will be looking forward to identify IT models with distinction of Capex or Opex. Especially, PE companies CIOs need to work closely with CFOs to look for capex/opex IT models to improve company value if they aspire to go public.
Please leave a comment if you think you do not agree with any of the above.