The strategic influence of Chief Information Officers (CIOs) is on the decline as churn within the sector hits new heights The annual survey of over 650 UK CIOs and senior technology professionals revealed that one in ten (10%) felt their role was becoming less strategic and over half (58%) expect to have moved jobs in the next two years.
The survey revealed that roughly half (46%) of CIOs are on the board, and only a third (35%) report direct to the CEO. Belief in the strategic value of IT has dropped year-on-year - only 61% of respondents thought the role of the CIO was becoming more strategic, down 15% on last year.
This drop in confidence is shared by board-level peers with half of CFOs (47%) viewing IT solely as a support function with no need for board representation. A perceived failure to deliver on innovation is to blame - 65% of businesses have no structured approach to IT innovation and, when they do innovate, the majority (78%) reported only reasonable or limited success.
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