CIO Magazine

CIO magazine recently had a survey of CTOs and CIOs. It shows, to a major surprise, that, in fact, technology executives' worries have less to do with technology and a lot to do with typical management issues. CTOs are worried about the general management issues like deficiency of key staff/skill sets/retention, inadequate budget, and lack of time for strategic thinking/planning. An annual report also stated that "communication and business savvy are personal skills that are most pivotal for the CIO's success." At the end of the day, CIO/CTO performance and salary appraisal are based on company profitability, CIO/CTO leadership ability and demonstrated value of IT. The CIO's biggest challenges or hurdles have less to do with technology and more to do with management. (18)

CIO Magazine also indicated recently that any cost control will be part of the outsourcing strategy. To keep headcount down and manage budgets, outsourcing is being used to get projects or programs. (22) Another survey and analysis from CIO Magazine is presented in the reference section of this book.