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Gartner sees change in CEO priorities and CIOs role

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Sharath Kumar
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With emergence of Information Technology as a major transformer and difficult economic situations projected world over, analyst firm Gartner sees transformation in key roles in enterprises with more challenges right from Chief Executive Officers to Chief Marketing Officers.

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The futuristic CEO and his team will be the ones who prepare to gear-up for a new intelligent age, says Ken McGee, vice president, Gartner.

McGee

Addressing top CIOs at the Gartner Symposium 2012 on " The 2013 Gartner Scenario for senior executives" McGee said here on Friday that Business time horizons will trigger budget battles between executives starting in 2015 and early adopters of new technology will have a edge in the coming years.

The IT Industry is just a 50 year old industry, role of CEOs would be to focus on "What will happen?" from the just looking at "What happened?" or "What is happening now?"

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In the information age a CEO must know how to master all the situations, McGee points out.

Focus:

Through 2018, the predominant focus Whey will CEO predominantly focus on increasing revenue generation even in the tough economic situations predicted ahead.

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While the economic growth projection remains disappointing in western world, India and China have maintained a pretty good growth rate. However, there are concerns expressed about growth rate in these two economies too. The World Bank too has cut the growth projection of these two countries.

All these indicate tougher economic conditions. In such a scenario, a CEOs would be projecting more on sustaining revenue growth than ever before, the senior Gartner analyst felt.

Top enterprise tech initiatives in 2013

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As per various research reports enterprise will be heavily investing new technologies that provide them insight and take futuristic decisions. This includes

investing in Business Intelligent tools, analytic and enterprise business applications

The Gartner analyst pointed out that various research outcomes in the recent past also predicts a drastic transformation in the roles played by Chief Information offers, Chief Marketing offers and projects a diminishing role for Chief Financial Officers.

Tech heads:

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MacGee points out at the key role changes of technology heads in enterprise to justify predictions of future changes. The role of technology head in enterprises has gone drastic changes from 1960. The technology head who used to have designation of Chief Information Technology Officer in the early years of IT industry. But the designations have changed with change in roles to Chief Integration Officer and then Chief Information Officers (CIOS).

Finance officers:

By 2018, the CFO and staff will be initiating less than 20 per cent of all new annual IT requests.This means a negative shift in demand for a CFO's work. "They are good in general ledger. But we have to move on" This means 'Bye to CFO, and time to move on!

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