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Hardcover Corporation on a Tightrope: Balancing Leadership, Goverance, and Technology in an Age of Complexity Book

ISBN: 0195093259

ISBN13: 9780195093254

Corporation on a Tightrope: Balancing Leadership, Goverance, and Technology in an Age of Complexity

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Format: Hardcover

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Book Overview

Business is no longer business as usual. The global market is in constant flux, as some nations come together, other fall apart, trading blocs emerge, and formerly closed doors reopen. At home, leadership roles and organizational structure have seen a sea change, with the vertically integrated, tightly knit organization seemingly headed for oblivion. And the changes keep happening faster and faster. For a firm to succeed in this highly complex environment,...

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The Average tenture for a CIO is three to five years. Why?

1. The technology leader of tomorrow must be a businessperson first, with all the leadership and people skills of any other senior executive. 2. In 1991, a study by Deloitte & Touche reported the average tenure of a CIO was three years and that almost one-third of all corporate CIO unwilling depart from their posts. In 1995, Computer Science Corp reported tenure of five years. 3. A ComputerWorld survey of Fortune 1,000 CEO found that 64% doubted the value of their IT investment. Among the reasons for this negative perception was failure to understand governance, strategic misalignment, lack of proper communication, unrealistic expectations, the failure to bring new technologies into the organization in a timely fashion, lack of innovative uses of technology, and a misunderstanding of how costs and how value should be accessed. 4. Strategic Alignment Modeling starts from the premise that every change made in the business strategy affects the business structure, the IT strategy, and the IT infrastructure. 5. Many CIOs, fail to make clear the gains from using technology to automate a process. 6. CIOs face the difficulty of delivering applications on time and within budget. 7. Businesses look to technology leaders to be the prime movers in the use of technology, which is why technology leaders need to avoid personal attachment to a specific system. These leaders are determined to protect what they are familiar with and to maintain the control that a large, single system provides - that they ignore all recommendations for change. 8. Among the most frequently heard complaints about CIOs is that they promise improvements from new technologies that simply do not materialize. 9. Senior management approves cost of new technology based on gains in productivity over a five-year period and that business volume by providing customers with efficient, high quality service. 10. Divisional Information Officer establishes a structure where the CIO works closely with senior management. This is done so the units could each find the best business solution for their IT needs- developing their own systems, or contracting with either outsourcers or the corporate IS group producing coherency of vision, maximizing buying power, using best-practices, and not sacrificing long-term viability by adopting short term strategies. 11. InformationWeek suggest that IT personnel are too important to be bottled up in any single part of the company. It should be divided into four primary functions: data services, building applications, strategic planning, and enforcement of the rules through the executives of the organization. 12. The CIO may have the power to take away any business unit's IT franchise if they do not adhere to the principles established by the governing coordinating body. 13. CIO reveal in a 251 market survey that 96 percent can predict information expeditures, occupancy costs, head count capacity and price/performance for the next three years
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