A running joke among CIOs is that the acronym for their role stands for “Career Is Over,” a nod to the fact that the average tenure for a technology leader runs about four years. Evolving business needs and dissatisfaction with IT leadership suggest that timeline won’t change anytime soon.
CIOs joining new companies face a number of obstacles. Technology’s outsized role in driving businesses means many CIOs find themselves in the difficult position of using technology to both run the business and accelerate business growth, says Khalid Kark, research director of Deloitte’s CIO program. “Companies are not looking for [just] technology leaders,” Kark says. “They’re looking for inspirational business leaders that can lead and inspire the IT organization and develop a culture of high-performing talent.”
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Source: IT Strategy