New-age Chief Technology Officers (CTOs) need to bring together organizations in unique and significant ways.
In order to keep up with the increasing competition, more companies are embracing digital-led business transformation by making significant technology investments. The new age C-suite executives comprising CIO, CISO, COO, and others are today, not limited only to looking after their departments. In fact, they are fully engaged with developing other infrastructure and systems required to engage with customers and partners.
The increasingly complex technological structures have evolved CTO roles. However, these complex structures have demands of a pragmatic vision. Today CIOs are under pressure to deliver IT rollouts on time and on a much tighter budget. The pandemic has not changed these roles even with employees working from home. As company leadership roles are well defined, executives are quite occupied while looking after their department. Hence, they have hardly any time to think about how to bank on the situation and take advantage of the latest technology trends to get an edge against the competition.
CTOs can achieve effective strategic thinking when it is supported by a skillset that combines both technical and business acumen. Today’s enterprises need someone with clear visibility into every aspect of the business. For each company, the mandate for CTO skillsets differ, but they still have to focus on their roles and are directly responsible for one or more leadership roles in engineering, operations, innovation, and overall vision and strategy.
Moreover, CTOs also need to step up and become a supporter and influencer. They should play an active role in influencing other team members regarding the conceptual integrity of complex projects. This is relevant even if the CTO is a founder of a startup, or is heading a big engineering team, or someone who works with product managers daily and directly interfaces with customers.
In contrast to their peers including CIOs, COOs, or CISOs, CTOs have a major experience for taking care of client needs, and the job is unmistakably clear – and expected – to bring that voice of the client over into the endeavor.
Today, it has become vital to see the big picture and bring disparate elements into harmony. CTOs cannot do that all alone. But after integrating numerous data sources, they do have an exceptional chance to impact people around them to guarantee that the final product is adjusted and bound together.
Companies need to employ efficient tools and techniques to stay competitive as several projects have a lot of areas that need to be monitored. Distinguishing those devices and strategies is a specific quality most CTOs need to have, as their job is to know about changes that can occur and what can be done to best exploit it
A true role of a new-age CTO is to consider and have a deep insight on the bigger picture and have a vision of the path to the future.