CIO, an innovator?

With new technologies redefining the way we do business, one might expect
the CIO and the IT function to play a leading role in business innovation.
However, our survey results indicate that they are not.
Moreover, the future role of the IT function is under threat. An
Economist Intelligence Unit report2showed that over a third of CIOs
agree with the statement that within five years standalone IT departments
will have ceased to exist. One of the reasons for this is that a new
generation of IT-literate business staff and managers is now able to
exploit new technologies and market services to innovate without the help
of in-house IT professionals.