Your CIO can now wield more power than ever

A clear majority (67%) of business leaders say the CIO is now second only to the CEO in defining and implementing business strategy, according to Citrix research.

Leadership skills may also become an increasingly important part of what was once a primarily technical role; 73% of business leaders surveyed said they believe that “having a vision for the future is important to being a successful technology leader” in today's world.

But increased responsibility isn't without its drawbacks, with nearly half (46%) of C-level tech leaders surveyed saying they're delaying retirement because they're worried someone won't replace them.

Upcoming challenges

Citrix spoke to 3 business leaders working in large and midsize companies in the US, UK, Australia, Brazil, Colombia, France, Germany, Japan, Mexico and in los Paises Bajos.

These fears may make sense in light of their current responsibilities, with 60% saying their role is to ensure everyone in the organization has the technology they need to work effectively, and half saying they are involved in resolving of technical problems for employees.

Additionally, CIOs have more impact than ever on their company's financial future, with 64% of respondents saying the CIO controls the majority of their organization's budget, even surpassing CEOs in this regard.

But despite this increased level of influence, many CIOs struggle with the same classic set of issues, with 67% saying legacy systems and technical debt were a major challenge in their role.

Commenting on the news, Sridhar Mullapudi, CEO of Citrix, emphasized that CIOs “must play a key role in managing the current talent crisis, both by providing tools to maximize employee productivity and leading automation projects.

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