What is the role of a Chief Information Officer?
The Chief Information Officer (also known as a Chief Digital Information Officer) is responsible for the strategic insight on how technology will drive the business forward. They are the bridge between the technology and business sides of an organisation and link them to meet the businesses’ objectives and goals. They manage IT resources and budgets, make recommendations on or purchase equipment, manage IT resources, plan and develop policy, evaluate security, and calculate how to make an additional profit using the business’s technology. They are responsible for the company’s technology roadmap.
On a day-to-day basis, they review new technology, identifying when the business’s current technology will need to be replaced, managing vendors for cost efficiency, and ensuring the business technology can meet future needs. They are a key factor in reviewing current business processes while optimising (improving, automating, etc.) them and planning for future business processes.