Chief Information Officer
A chief information officer is the company executive responsible for managing, implementing and using information and computer technologies. Due to the increase in technology among companies worldwide, the role of a chief information officer has increased drastically as they perform multiple tasks that support the mission and goals of a company. Therefore, there are quite a number of advantages that a CIO brings to a business. First, a chief information officer is responsible for mitigating any financial risks to a business (Karanja and Rosso, 2017). They often accomplish this role by researching the recent methods of securing data and recommending these methods to the senior management team. Second, a CIO ensures process improvement by consistently looking for better ways to improve technology-related policies. In this regard, a CIO liaises with other departments to understand whether they have any computer-related needs. Third, CIO plays a significant role in making informed decisions concerning how information should be handled and processed.
However, centralization might be a disadvantage of having a chief information officer. It is crucial to understand that having a CIO means every information and technology operation should be centralized (Demuru and Katinis, 2018). This is a big challenge, especially to companies that have decentralized their operations. This would mean that the CIO will not be able to make informed decisions. Another disadvantage is CIOs lack strategic planning skills. One significant role of a CIO is strategic planning, but this skill is not taught in IT schools. This may limit the company from achieving long-term goals due to the lack of business skills. COVID-19 has affected my response to the above questions because, after the pandemic, more people are working online; hence, a CIO comes in handy in helping businesses with their technological operations.
Karanja, E., & Rosso, M. A. (2017). The chief information security officer: An exploratory study. Journal of International Technology and Information Management, 26(2), 23-47.
Demuru, B., & Katinis, T. (2018). CIOs at the Centre of a New Humanism. In CIOs and the Digital Transformation (pp. 85-105). Springer, Cham.