5 Reasons Why Your CIO/CTO Must Report To The CEO

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5 Reasons Why Your CIO/CTO Must Report To The CEO
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With information technology being such an important element of most organizations’ competitive advantage, shouldn’t it get the same attention at the board level as finance and HR? If so, surely that means that technology leaders should report to the CEO?Whether it’s by providing greater efficiency through automation, deeper insights that allow better business decisions through data analysis, or the opportunity to connect with new markets and customers through the internet, the impact of IT over...

Such stasis is not tenable in today’s competitive landscape. Although the technology landscape is more complex than ever, there is also a wealth of information available to leaders to help them understand it—and a plethora of potential partners to assist.My hypothesis is that many organizations are failing to achieve their digital transformations for one important reason: their technology leader doesn’t report to the CEO and isn’t part of the boardroom dynamic.

And the trend is growing, especially in the U.S., where Deloitte found that 51% of CIOs report to the CEO compared to approximately 46% globally. Thethat these numbers are increasing as more company leaders and their boards appreciate the significance of having an effective technology strategy. Based on my experience, there are five key reasons why any organization wanting to achieve success in the digital age must have their technology leader at the top table:Many of the initiatives that a leadership team might conceive and develop can be enabled through the application of appropriate technology solutions. Involving technology experts right from the beginning can help to ensure alignment.

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