CIOs get ready to break career glass ceiling: report
More CIOs in Asia Pacific are confident that they have what it takes to become a CEO, according to the results of a new study by The Economist Intelligence Unit and Hitachi Data Systems (HDS).
More CIOs in Asia Pacific are confident that they have what it takes to become a CEO, according to the results of a new study by The Economist Intelligence Unit and Hitachi Data Systems (HDS).
When I ask CIOs about their successor, I get one of three answers: Fifty percent tell me, "I am grooming two people, but they still have some development ahead of them." Roughly thirty percent say, "I have someone who could be CIO tomorrow." The rest of the time I hear, "Not by a long shot." Despite the fact that most CIOs have a successor in mind, I would wager that fewer than 10 percent of today's large-company CIOs have been promoted from within. Hence the paradox: You develop successors, yet the CEO almost always goes outside for the next CIO.
Business leaders who struggled through the GFC may be in for a rude shock when CEO contracts come up for renewal this year amid a climate of tougher shareholder expectations.
Debates about how CIOs can earn a "seat at the table" have been going on for so long now that the phrase itself has become a tiresome cliche.
CIOs who focus on business strategy are surprisingly similar to CEOs. Although most CIOs profess no interest in running a company, thinking more like the CEO can only strengthen the CEO-CIO partnership and sharpen the strategic impact of the role.
Chris Patrick, global CIO practice leader with executive recruiter Egon Zehnder International, advises CEOs to ask potential CIOs questions that elicit their knowledge of business strategy, customers and their industries. CIO candidates should be ready to answer these questions designed to gauge their <a href="https://www.cioexecutivecouncil.com/programs/futurestate/simple_csuite.html">strategic orientation</a>.
Canadian CIOs have all the key leadership competencies they need if they were motivated to one day take on a CEO job and running an entire enterprise, based on research findings presented at an industry event on Thursday.