Digital transformation has the ability to bring forward more than just technology on the forefront of business, it also has the ability to turn CIO’s into CEO’s, according to a new report.
Let’s face it, digital transformation is what we are all about. We see it in major industries every day, throughout a variety of different resources. It is growing to become more than a trend, but a necessary way to do business. As technology continues to grow and conquer business as we know it, it changes more than just the way we conduct everyday tasks.
CIOs Turn To CEOs
A new report found on CIO Dive suggests that as digital transformation continues to grow, innovation also grows when it comes to the flexibility of the workplace. This simply means that digital transformation brings forward a new way of thinking, which will make old corporate structures instinct and outdated.
So, if you are adopting digital transformation, it’s time to throw out your old way of thinking. It won’t do you or your organization any good moving forward.
Digital Transformation Creates New Roles
Since digital transformation has emerged on the business scene, new roles in the corporate structure have been creating. Anywhere from CIOs to CDOs are now not just important, but necessary.
“Inspired by the digital economy and keen to quickly evolve, in recent years organizations began acquiring chief digital officers to help spur transformation. To some, renovating the business and integrating technology throughout an organization required an outsider.” CIO Dive reports.
…And Bridges The Separation Among Old Ones
With the new roles in the workplace evolving, it also calls for a mindset that does not permit or promote separation among the roles. Before digital transformation took the business world by storm, there was a divide between CEOs, CIOs and everything in between.
Experts nowadays are suggesting that this creates a divide in the corporation and beyond, which can hinder and influence successful business.
“But companies are starting to realize that the separation of the CIO and the CDO doesn’t scale well. Whether businesses call digital leaders a CIO, CDO or CTO, organizations need to bring digital and IT operations together.” CIO Dive reports.
The future lies in the CIO. The CIO is the future of business, simply because CIOs are knowledgeable on the skill sets that businesses need in order to survive the technology-driven world we live in. As technology becomes more advanced, businesses must adapt. Especially the structure that underlines all practices.
In order to truly succeed in business, one must possess an attitude that allows for these changes to happen. An open mind that does not separate the CIO from the rest of the company, but instead, allows the company to adapt to the innovative role.
As more and more businesses look to digital technology and strategies to transform their business, CIOs know that data and information technology have never been more important. Understanding the convergence of mobile, social, and cloud is the first critical step for organizations looking to create opportunities and stay ahead of the competition.
The Millennium Alliance is thrilled to present our bi-annual Digital Enterprise Transformation Assembly, put together by the industry, for the industry. Join us on June 21-22, 2018 at The Mandarin Oriental in Miami, FL. for a series of executive education roundtables, keynote presentations, collaborative think tanks, educational workshops, and networking sessions will offer industry-specific topics and trends to ensure your company maintains its competitive advantage.