About 40 per cent of CIOs report to the CEO, 30 per cent report to the COO and 25 per cent to the CFO, according to Gartner. As a result, Raskino said, CIOs are less involved with key relationships - with the board, investor and customers - than the CFO or CEO, which means their role is less deeply immersed in the core business. In contrast, the relationships the CIO maintains are with key suppliers of technology: “The relationships the CIO has are generic - they’re going to be with Oracle, IBM, Microsoft and so on,” Raskino said. But he said the status of the CIO may have to change. “As we get towards the cusp of the internet of things world, the complexity of what needs to be done with technology in the business will mean the CIO role will become stronger,” he said. “This idea that the CIO is an interchangeable professional who can just be plucked and shoved from one company to another is less likely to be the way it is in five years from now.
I do think the role and the expectations associated with the CIO position will be transformed in the coming years. CIOs will have to become more strategic in the longer term to manage the massive changes in cloud computing and the services offered in the cloud. An interesting read.