Much has been written about the future role of the Chief Information Officer in the last few years. Many opinions have been put forward. All pretty much agree that fundamental changes, already underway, will take place over the next few years in how the IT function is organized and managed. Some feel that the CIO role is likely to significantly diminish, with its various responsibilities distributed across the business or subsumed within the CFO organization. Others are of the opinion that CIOs will play an even more influential role. Given the growing importance of information technologies to all aspects of the business, the CIO role will likely be viewed as being as critical to the business as the CFO.
I am very much in the latter camp. I strongly believe that CIOs are in the eye of the IT storms that continue to rage all around us. While their impact on business is hard to predict and unlikely to be the same for all institutions, few will dispute that over the past couple of decades IT has been significantly transforming just every company, industry, economy and society around the world, as well as our own personal lives.