6 Reasons of CIOs Dedicated servers
The growing customer expectations and digital disruptions are forcing organizations to make necessary changes and futuristic organizations are already doing it to take advantage of opportunities that come their way.
CIOs are expected to manage IT operations, which includes everything from managing the best dedicated servers effectively to driving strategic initiatives to success.
They are responsible for bridging the IT skill gap, aligning culture with strategy, preparing their organization for emerging technologies and challenges that these technologies could bring and oversee digital transformation efforts.
IT leaders must set clear priorities, collaborate with the HR department to design processes that foster cultural change, work closely with data scientists and researchers to develop feasibility reports, and integrate new technologies.
They should look to hire the right people and train them and adopt practices that could help them achieve the organization objective.
For all these initiatives, they require support from board members and representation in the board otherwise, they would struggle to fulfil their responsibilities properly.
Sharing his experience, the CIO of Box said, “We like to say that it’s not about rewriting your software, it’s about rewriting your company at Box. That is why it is so good to be a CIO.”
In this article, you will learn about six reasons why CIOs should strive for becoming board members.
Competitive Advantage
Gone are the days when IT was considered a facilitator to other departments and processes in an organization. Today, IT has become an integral part of any organization and an important business function.
This has forced a structural change not in the tech industry but in overall society. When the need of society evolves, businesses must adapt to stay relevant.
Previously, most businesses tend to invest in IT to support current business processes. Things have changed drastically since then.
Today, businesses are investing in IT to gain a competitive advantage. The best way to use IT investment is to take advantage of new business processes which stems from IT-led innovation.
Innovation
IT-based Dedicated servers businesses are leading the way when it comes to innovation. Intel has recently announced that they have got $656 million in business value by using predictive analytics in sales, supply chain, manufacturing, factories and in global operations.
By adopting a machine learning platform, they have managed to make a 39 weeks improvement in bringing their products to market.
Despite amazing results, non-IT based Dedicated servers businesses would still be confused. They are wondering whether they should embrace new technology to increase business efficiency, reduce operational costs and help them quickly deliver products to the market.
Even if they realize the benefits of innovation, not having the CIO as a board member can hurt.
Anil Cheriyan, former CIO of SunTrust Banks, “A culture of innovation is primarily about leadership, a growth mindset, and the desire to fundamentally change. We always said to our team that we need builders and not maintainers not because maintenance was a bad thing.”
Digital Transformation
According to George Westerman, who is MIT Sloan Initiative on the Digital Economy, “When digital transformation is executed correctly, it is like a caterpillar which converts into a butterfly but when poorly executed, you will end up with a fast caterpillar.”
Digital marketing framework transformation is not about technology, it is about revolutionizing the value chain in response to changes made in society .
Efficient project management methodologies are reducing defects and minimizing the costs. They can also shortening the product cycle, helping businesses bring products faster to market.
By using the right tools, your business can speed up digital transformation.
Skill Transfer
When you become the CIO, you are literally at the top of the food chain. Other employees in your organization can take advantage of your knowledge and experience.
This allows CIOs to explain the complex in a simple and easy to understand manner. Instead of reinventing the wheel, you can save a lot of money by transferring some of your skills. Prepare and nurture a team of individuals that can take your vision forward.
With the IT landscape changing rapidly, it is important for your team members to upgrade their skills. This will enable them to cope up with emerging challenges.
Whether it is IT service management processes or project management approaches, a good CIO is crucial. They know the importance of continuous business process assessment and improvements.
Digital Security
The number of cybersecurity attacks shows that cyber attackers are one step ahead of cybersecurity professionals.
That is why it is even more important to integrate IT expertise possessed by CIOs into the board so they can take steps to protect business digital asset data.
Moreover, they are the best people for the job. They have a strategic perspective which helps them combat threats in a much better way than others.
Whether you want to protect customer data or business against cyberattacks, having a CIO on the board really helps. He or she will align these activities with your business strategy.
Cloud Economy
There is a lot of hoopla around cloud computing Dedicated servers. This hype can force businesses to jump on the cloud computing bandwagon without really considering the underlying economic model.
The economic model is described in a whitepaper from Siemens. Here is how it works.
“Customers can lease the cloud computing services temporarily and then return them. Soon we will see the cost of IT service pivot from capital intensive to variable costs, which will save you a lot of money.”
As businesses move to the cloud, they will have to deal with lower variable costs instead of large capital expenditures.
CIOs should play their role and should take responsibility and give top leadership visibility into their cloud agenda. This will make it easy for them to convince higher management about funding their cloud initiatives.
Do your CIOs have their say in the board? Let us know in the comments section below.
