Digital transformation is disrupting every industry by breaking down barriers between people, processes, and technologies. Transformative innovations in technologies are making their presence felt in enterprises at an exponential speed, ushering in the changes that businesses need, to not only survive but also to thrive.
In the past, the CIO’s role encompassed being primarily focused on the IT suite and technology stack. The modern CIO should have people skills, organizational skills, emotional intelligence, and strong awareness about technology trends and the applicability of modern technologies in their lines of business. A successful CIO needs to think and act as a strategic business partner, and a broker between IT and business. A CIO should have the skills that are expected from all C-suite executives- which includes the vision to create a competitive advantage for the organization, and how that can be enabled by harnessing the power of modern and emergent technologies. A CIO should also be fully prepared to look ahead into the future and lead the execution of digital transformation initiatives, such as low-code/no-code, multi-cloud, artificial intelligence, machine learning, virtual reality, blockchain, etc., with the goal of enabling the organization’s operating model.