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Chief Information Officer (CIO) is a very crucial role in the thriving information technology sector in Industry 4.0. Organizations are overwhelmed with the adoption of digital transformation to boost productivity and efficiency without any human error. The importance of the CIO is increasing at an increasing rate across the world for its key leadership role. A professional CIO is known for managing a wide range of services from information security to machine learning algorithms while mitigating threats efficiently and effectively. The profession is in charge of multiple IT strategies as well as implementation to look after hardware and software of a company. It is essential to research new technologies and strategize new technologies to provide business value. CIO has to sit on the executive board as a senior or middle manager in data processing or information systems. It is focused on delivering new IT systems on time and on budget. The role of the CIO has started evolving with the emergence of World Wide Web (www) and the constant advancements of internet facilities. The global IT market is expected to hit US$8370.95 billion by the end of 2021 with a CAGR of 6.6%. It has opened a plethora of opportunities for CIOs to become involved in business strategies and have a strong understanding of taking advantage of the internet. Technology has started transforming the lives of people as well as aspiring CIOs. Essential traits are required to be a professional CIO in this cut-throat competitive world. Let's explore some of the top five effective traits executives need in professional CEOs.
CIOs or Chief Information Officer needs to possess trustable leadership skills to lead the team in the IT department. Trustable leaders are essential to build a team with sufficient knowledge of technology and data. CIOs lead a team where the morale of employees is needed to be high with their opinions being valued. The leadership skill makes a bond of mutual trust among the team members to coordinate with the C-suite executive. The constant support is essential to make their own decisions independently to enhance productivity and generate top-notch strategies for the company.
For any Chief Officer, an excellent and strong communication skills is one of the essential traits to be needed to be a successful officer. It is a matter of delegating workload to the team members with complex strategies and IT terms. Thus, it is essential to have an effective communication in the IT team to explain projects, strategies, missions, etc. It helps to eliminate overlapping of work, miscommunication, misinterpretation and many other troubles that can affect deadlines and workloads. Thus, communication skills are needed to be a professional CIO in the nearby future.
A successful CIO is needed to be an innovator to calculate risks to gain a competitive edge in technological advancements. Innovation tends to come after having a sufficient knowledge of the industry. CIOs are known for fostering an innovation culture to boost the work efficiency and performance of employees. It helps the employees to bring new ideas to the table in front of C-suite executives. The willingness to take risks with innovation is needed to embrace digital transformation to take over competitors.
For being a professional CIO in this market, emotional intelligence is one of the crucial traits to possess. Emotional intelligence is essential to manage a team efficiently while having a clear understanding of what they need and want with their problems. Emotional intelligence is a bridge between the CIO and employees to boost productivity and morale in a company. The leadership skill needs emotional intelligence to guide and support employees to provide a proper and friendly work environment. Emotional intelligence instigates CIOs to provide direction by motivating other members of the team.
A professional CIO should possess strategic skills to deal with effective data management and advanced technologies on a regular basis. A clear understanding of data management, big data, and data science is needed to generate meaningful and in-depth outcomes for projects. They are needed to provide a key support to data scientists for enhancing business growth with accurate datasets. Strategic skills are essential to be a head for business and drive customer engagement to be on top of new technological developments.
