CIOs should be at the center of a digital transformation effort because IT tends to own most of the digital assets. But digital asset ownership isn’t enough. Dion Hinchliffe challenges CIOs to get savvy about business and see where digital business transformation makes sense for their companies.

Transcript

By all accounts the CIOs should be at the center of a digital transformation effort because IT tends to own most of the digital assets in the organisation and those include existing IT systems, existing data and existing expertise about how technology is applied to the business.

​And so the real challenge is that CIOs are also tasked with business continuity. Running that business on a day-to-day basis. So how do they get the right priority, and the right time and the right investment level associated with sitting down and fundamentally changing the business?

So the CIO has I think one great last chance to lead that effort, because you see that the Chief Digital Officer is getting the P&L aspects, you know the real business value that’s being created digital is going, is leading to the department and budgets are showing that, that IT investment is barely increasing in a time of enormous digital change.

So the CIO’s role I think if the CIO’s role is to be sustainable, is to lead that digital transformation and say, how do we rethink the business, how do we get the resources, because most digital efforts require a lot more resources that IT is currently being allocated as a cost center. The CIO can marshal the business sponsorship and the resources and bring in new change processes. I think that’s where it’s a leadership role, leading the business and not just on the technology side.

By all accounts the CIOs should be at the center of a digital transformation effort because IT tends to own most of the digital assets in the organisation and those include existing IT systems, existing data and existing expertise about how technology is applied to the business.

​And so the real challenge is that CIOs are also tasked with business continuity. Running that business on a day-to-day basis. So how do they get the right priority, and the right time and the right investment level associated with sitting down and fundamentally changing the business?

So the CIO has I think one great last chance to lead that effort, because you see that the Chief Digital Officer is getting the P&L aspects, you know the real business value that’s being created digital is going, is leading to the department and budgets are showing that, that IT investment is barely increasing in a time of enormous digital change.

So the CIO’s role I think if the CIO’s role is to be sustainable, is to lead that digital transformation and say, how do we rethink the business, how do we get the resources, because most digital efforts require a lot more resources that IT is currently being allocated as a cost center. The CIO can marshal the business sponsorship and the resources and bring in new change processes. I think that’s where it’s a leadership role, leading the business and not just on the technology side.