CIOs’ Want More Access to CEO
The majority of CIOs and Heads of IT are not reporting to their CEO, hindering their ability to bring about business transformation through technology
Sydney, Australia – 4 December, 2013 - Lenovo and Intel® today announced the findings of new research in the form of a whitepaper revealing that nearly half of CIOs and Heads of IT in Australia want to report to the CEO but only 11 percent actually do.
Titled, From Technology to Strategy, the whitepaper explores the dynamic environment Australian technology leaders operate in as well as recent changes experienced by CIOs and Heads of IT in the areas of business strategy, organisational alignment, and transformation.
The study, conducted by Galaxy Research, found that more than a quarter of CIOs now believe their main priority is to align their roles with their company’s business objectives while 23 percent listed business transformation as their primary goal.
“It is important to understand the ever-changing roles technology leaders play in the business landscape,” Lenovo Executive Director for Australia and New Zealand, Matt Codrington, said. “This is why Lenovo and Intel® embarked on this whitepaper research, so we can understand how technology leaders can work more effectively in their respective organisations.”
With technology now an integral part of any business, it is clear why CIOs and Heads of IT believe it is appropriate for them to report directly to the CEO. They want to shift away from their traditional infrastructure management duties and have more influence when interacting with fellow executives and management over the business strategy and direction. However, given only 11 percent of technology leaders actually report to the CEO, organisations may be neglecting the importance of IT as a vital component of business. Many CIOs and Heads of IT still report to the COO, which may hinder the ability for technology to play a transformational role within the business.
“As executive leaders in Australia, we must do more when it comes to incorporating CIOs and Heads of IT in the conversations taking place at the highest levels of our organisations,” Codrington said. “While we will often have the vision for where we want to move our business to, CEOs certainly don’t have all the answers when it comes to understanding what technology can support and underpin this vision.”
The research was conducted on 50 technology leaders in organisations, including CIOs and Heads of IT, with between 200 and 5,000 or more employees.
To read more about the next chapter in the evolution of technology leaders’ role in Australian business, download the whitepaper here.
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Lenovo (HKSE: 992) (ADR: LNVGY) is a US$34 billion personal technology company – the largest PC maker worldwide and an emerging PC Plus leader – serving customers in more than 160 countries. Dedicated to exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the Company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo, a global Fortune 500 company, has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com/nz