Strategy 1:
Recognizing the expanded
leadership role of the CIO.
CIOs today have evolved into more than just overseers of tech tools and services—they are business partners to other organizational leaders, including the CEO, as well as data orchestrators for their entire organization. According to a survey by MIT Sloan School of Management, CIOs who report to the CEO and meet with them regularly are more successful at driving strategic change.
Workday CIO Rani Johnson believes that “as digital becomes a core competency, the CIO plays a key leadership role in the critical strategic, technical, and management initiatives—from information security and algorithms to customer experience and leveraging data—that mitigate threats and drive business growth.”
By leveraging data analytics, CIOs can identify gaps and opportunities, understand user behaviors, and predict future trends in their respective industries. Data-driven decision-making ensures that technology is aligned with business objectives and is geared toward delivering tangible results.