How Can CTOs Stay Ahead of the Technology Adoption Curve?
As the technology world continues to evolve, so does the chief technology officer (CTO) role. The vast majority of CTOs believe that their roles have significantly changed over the last three years. Furthermore, the COVID-19 outbreak is estimated to have accelerated the technology adoption curve, dramatically increasing the number of internal and external threats businesses face. In this article at Raconteur, Jonathan Evans explains how CTOs manage and drive value from technology within an organization.
Technology Adoption Curve: How Are CTOs Driving the Change?
Today, technology is the foundation for a company’s success. Therefore, a CTO’s function has become more diversified. IT leaders must now be able to keep up with technology trends and changes while adhering to a strict budget. “And what seems to separate the best businesses from the rest is the inclusion of the CTO in company-wide decision-making,” says Evans.
According to Mckinsey’s research, the organizations that have accelerated their technology adoption curve as a means to remain competitive involved their most senior tech leaders in setting the overarching company strategy. In recent times, CTOs are expected to contribute ideas to help grow the company and continue the transformation process. Additionally, the new nature of work demands IT leaders to pivot from traditional desktop-based solutions to cloud-based “desktop-as-a-service” options that can be accessed from anywhere.
Are CTOs Now ‘Chief Transformation Officers?’
In many organizations, CTOs are responsible for more than just technology. They are now responsible for overseeing the transformation of every organizational process and are expected to apply technology to every facet of the business. IT leaders are also expected to break the barriers between IT and people. To succeed, CTOs must support collaboration and ensure future progression.
Being a CTO in today’s tech-driven world involves more than accelerating the technology adoption curve or ensuring people work seamlessly from the office/home. Their role is now demanding them to embrace uncharted territories. To read the original article, click on https://www.raconteur.net/technology/the-changing-face-of-the-cto/.
