Some of the courses you’ll take include IT Governance and Management, Technology Planning and Capital Budgeting, and Leadership in IT. In midsize to large companies with higher executive budgets, the C-level may include a CIO and a CTO. Both positions focus on the engineering, implementation, development and management of technology. However, the key difference is that the CIO role typically involves internal operations, while the CTO role focuses on external processes.
- There are at least four models for a chief technical officer position according to Tom Berray and Raj Sampath.
- “If the CIO doesn’t have a strong grasp of technology – from IT automation to DevOps to cloud technologies – that person will ultimately struggle in the role,” James says.
- CIOs may also go on to other C-suite roles, such as COO, and in some cases, CEO.
- Their responsibilities can include customer relations, understanding target markets and aiding in the delivery of IT projects to market.
A candidate for the position of CTO should have extensive technology knowledge and experience in. A degree in fields like information technology, electrical engineering, or computer science is also a must. The Chief Technology Officeror CTO is an executive in charge of the management of the technological needs of a company.
“Not to be confused with the chief technology officer, the CTO’s most common mandate is to harness organizational change to drive new growth,” Wade writes. Most CTOs earn a bachelor’s degree in computer science, engineering, or other science field. Just as technology is evolving so https://globalcloudteam.com/ are the degree fields with specialties in cybersecurity, data science, and management information systems. Increasingly, companies are also looking for people who have advanced degrees in computer science or an MBA because of its focus on preparing business managers and leaders.
Who Does A Cio Report To?
Provides fields to be completed including reporting structure, job classification, benefits eligibility, overtime exemption status, direct reports, eligibility for bonus, work location, internal and external relationships, supervision required, decision-making authority, travel required. He leads various IT groups, acting as a liaison between IT and other business stakeholders such as finance, legal, and human resources. As a member of senior management, he usually reports directly to the CEO.
“CIOs are increasingly being handed the keys to drive digital transformation throughout the organization, including areas that have been traditionally outside their purview,” says Chris Bedi, CIO at ServiceNow. To that end, the CTO is often responsible for the engineer and developer teams who focus on research and development to improve and innovate company offerings. Beyond an ideal location, there is a place for you to work in an exciting environment abounding with opportunities for personal and professional growth. We are steeped in tradition and devoted to academic distinction in teaching, scholarship and service. In 2018 Forbes Magazine listed Georgia Southern, along with 10 other Georgia companies or institutions, as one of America’s Best Midsize Employers. Georgia Southern University is passionate about serving our region while preparing our students to be lifelong scholars, leaders, and responsible stewards of their communities and the world.
Although a CTO may address some of these issues, the cost is prohibitive and one person may not provide the right balance of strategic and hands-on practical expertise the business needs. This article aims to help you assess at what stage your business may need a CTO – if at all – and if not, which roles you should be filling instead and why. Mastering the above skills can help aspiring CTOs work toward an executive position in the industry. Building relationships within the organization, as well as with partners and customers.
“As Aptean’s CIO, my customers were internal – our users and business units. In the CTO role, my customers are external. Instead of improving the bottom line , the focus is on developing strategies to increase the company’s top-line revenue,” she says. “CIOs that do lead the digital transformation charge are asked to wear multiple hats – that of business strategist and change leader,” says Ankur Laroia, managing director at BDO Houston. “The biggest lesson learned from my first job in the CIO position was how critical it is, more than ever, that the strategy at the CIO level is completely aligned to enable the overall business strategy,” Bedi says.
At Verisign Balogh also held several other leadership roles in engineering and infrastructure. He holds both a BS and MSE in electrical and computer engineering from Johns Hopkins University. When writing a job brief for a CTO position, you should include information about chief technology officer roles and responsibilities the company’s size, industry and location, as well as the key responsibilities of the role. You should also highlight the skills and experience that you are looking for in a candidate. An “Infrastructure Manager” usually reports to the CIO—a Chief Information Officer.
Chief Technology Officer Responsibilities
The position works closely with other departments, training institutions, industry groups, and employers to ensure the company fulfils its customer service mandate. By definition, a chief technology officer is the individual in charge of an organization’s technological processes. The job description involves handling the company’s digital needs and determining whether there’s a technical solution that can help it reach its business goals and objectives. The chief technology officer works under the organization’s chief executive officer, but this individual plays a critical role in the workplace and is a key figure who brings the company together, according to Matt Mead, CTO of Chicago-based digital consultancy company SPR.
Candidates from underrepresented groups, whose work furthers the institution’s Inclusive Excellence goals, and who bring to campus varied life experiences, perspectives and backgrounds are especially encouraged to apply. Understanding the difference between a CIO and a CTO is crucial to getting the most out of both positions. While the roles may seem similar or even identical to some, possessing a solid grasp on the subtleties and unique facets of each will position you and your company for success. Because of the growing tech industry, most companies do need both a CTO and a CIO. As previously outlined, CTOs and CIOs both have full plates of responsibilities and are essential to most tech businesses. Company IT asset management looks very different from five years ago.
Chief Technology Officer Job Description Template
The two roles may seem similar or even identical, so it’s not surprising that the terms are sometimes mistakenly used interchangeably. This confusion is understandable, as the positions come with powers and responsibilities that do not vary greatly from company to company. Creating timelines for the development and deployment of all technological services. CTOs are vital C-level executives who share many similarities with other leadership roles. The CTO represents the external face of a company, which requires them to have an open and engaged relationship with vendors, customers, investors and partners. Researching and evaluating existing and emerging technologies, products and services.
CIOs are a lot less technical than a CTO because they often come from a non-technical background. A CTO’s focus is how to increase the top line of sales, or gross income. They look for new opportunities, new markets, and build out the proper plans to capitalize on those.
Technology Strategy And Planning
It’s important to clarify these differences to understand where the CIO ends and the CTO begins. Find out what you need to include in your Chief Technology Officer job description. Advanced technological skillset and a demonstrated history with technology. Making executive decisions on behalf of the company’s technological requirements.
While CIOs used to make their careers on cost-efficient and reliable infrastructure, today they make their careers on revenue-generating ideas. As previously noted, many CIOs play a central role in digital transformation. “As their teams become more inclusive and collaborative, leaders must shift their strategies and tactics to harness the energy this new style of work generates,” Kelly says. While CIOs used to make their careers on their tech credentials, today’s most successful CIOs stand out for other skills, including communication, building bridges between groups, and empathy – all-important at times of big cultural change.
The Chief Transformation Officer Role Explained
In addition to fixing IT-related issues, the CTO is responsible for developing, implementing, managing and evaluating the company’s technology resources. The goal of a CTO is to examine short- and long-term needs while using capital to make investments that aid the organization in reaching its goals. Reflecting the CIO’s expanding digital responsibilities, we have seen an increase in the number of CIOs who have dual titles. For example, Jack Clare serves as chief information and strategy officer for Dunkin’ Brands.
Technology leadership is different today than it was just five years ago. Jonathan Johnson is a tech writer who integrates life and technology. This e-book give you a basic understanding of IT jobs, including tips for how to apply and interview for IT positions and how to stay sharp once you’ve embarked on your career.
As you will learn as you go throughout your career, the real differences in income won’t be found in salaries so much as they will be found in the benefits, equity, commissions, and overall working experiences you have. Let’s take a look at the difference between CIO and CTO roles as well as whether your company should employ one or both. Resources Online resources to advance your career and business.
Develop a strategy to oversee the use of new technology in the organization. “I know what it’s like to work for leaders like this and I make sure to pass the same privilege and respect on to everyone on my team.” “The CIO and CHRO are partnering more to make the employee experience as great as the customer experience.”
Setting a vision for how technology will be used in the company. Jamf executives at JNUC 2022 share their vision of the future with simplified BYOD enrollment and the role iPhones have in the … These CTOs focus on delivering projects aligning with customer needs. Their responsibilities can include customer relations, understanding target markets and aiding in the delivery of IT projects to market.
In this position, the Chief Technological Officer also plays mentorship role to key engineering personnel, encouraging their professional growth, essentially readying them for the occupation of his position in the future. The Chief Technology Officer is in charge of running the entire engineering department. He provides the strategic vision and leadership for the development and implementation of information technology initiatives, ensuring that they are aligned with the business’s mission and objectives. The CIO needs to understand the company’s business needs and know about the technologies they use. They focus on managing business operations, running internal IT operations, and develop strategies to increase the company’s profitability.
Also, the CTO focuses on the design and suggestion of technology, while the CIO on the implementation of the technology. If the job applicant has some business training or certification, that would be a welcome bonus for the company. The Chief Technology Officer’s main responsibility is to keep track of all new technologies within the company. The CTO position emerged when companies decided to split off some of the Chief Information Officer’s responsibilities.