Data Snapshot

What private-sector CIOs are saying

CIO Magazine’s newest "State of the CIO" report finds private-sector CIOs struggling with shifting expectations and responsibilities.

The report's findings suggest that CIOs have a growing role in business strategy, and 91 percent of CIOs describe their jobs as "more challenging." Yet 20 percent feel "sidelined" by business owners, and 74 percent believe it is difficult to "find the right balance between business innovation and operational excellence." With that additional stress, however, comes a 7 percent increase in average compensation over 2014:

CIO Compensation by Year

CIOs have shifted toward seeing themselves as business partners and leaders as well as service providers; however, nearly a fifth of respondents continue to believe their role is seen as a "cost center," where the "enterprise value [of IT is] unappreciated, misunderstood or unfulfilled."


How do business leaders perceive the IT group?
Legend
Response Percent
Business leader 13%
Business partner 30%
Cost center 18%
Service Provider 38%

And whether it's ambition or frustration, just 45 percent of respondents anticipated that they would remain a CIO in the coming years:


In which direction do you see your personal career heading in the next 3 to 5 years?
Legend
Response Percent
More operational (e.g., COO, shared services) 13%
Customer-facing digital strategist 9%
Consultant 8%
Other (e.g., retired, entrepreneur) 24%
Continue to be CIO 45%
SOURCE: "2015 State of the CIO" by CIO Magazine

About the Author

Jonathan Lutton is an FCW editorial fellow. Connect with him at [email protected]

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