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IT services spending signals major role change for CIOs ahead

CIO Business Intelligence

That growth more than doubles what the firm pegs as 2023’s growth rate (3.3%), doldrums Gartner attributes not to macroeconomic forces but largely to what it calls “change fatigue among CIOs” — that is, IT leaders’ hesitance to sign new contracts or commit to long-term initiatives. CIOs have not had that reduction in attrition rate.

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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. To effectively traverse these interactions, CIOs must start with empathy. What are the necessities in your IT budget to keep the lights on (KTLO)? Walk in the shoes of the CFO.

Budget 86
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Is IT Budget Planning Still Too Yesterday

Future of CIO

Effective budgeting management, can flex to changing business needs. However, from a recently released IW survey report, IT budgeting process in many organizations still stuck in the past, half think their company’s budget process isn’t consistently flexible enough for changing business needs.

Budget 40
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CIO playbook: Collaborating with business leaders on their IT spend

CIO Business Intelligence

If you speak to the vast majority of CIOs, they’ll say those business transformations need to be led by the business leader with support from IT,’’ notes Len Riley, commercial advisory practice leader at UpperEdge. To avoid this, CIOs are getting more deeply involved earlier in the spending process. Mapping out tensions.

Agile 122
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The Monthly “12 CIO Personas” Book Turning: CIOs as “Chief Investment Officer” Apr. 2019

Future of CIO

The digital CIOs have to wear different colors of hats and master multiple leadership personas and management roles effortlessly. Here is a set of blogs to brainstorm CIO as “ Chief Investment Officer.” CIOs as “Chief Investment Officer” CIOs as "Chief Investment Officer": Improve IT Investment and Visibility ?

Budget 40
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Measuring CIO Performance

A CIO's Voice

How do you measure the performance of a CIO? GOAL – Assess the needs of the assigned staff against the desired set of skills for them to fulfill their roles and responsibilities. Measurement – Provide budget for staff technical training. Measurement – Budget and schedule. Budget control. People Management.

Training 107
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14 essential book recommendations by and for IT leaders

CIO Business Intelligence

I asked CIOs and other high-level IT leaders to recommend books that have impacted their career, whether that has meant inspiring them to be better leaders or helping them navigate a particular challenge. And this group of CIOs, CTOs, and technical CEOs have strong favorites — books they turn to again and again for inspiration.

Devops 112