To help your board embrace the technology your company needs to survive, you will want a CIO who is capable of the complexities of today’s role. You need someone who has the capacity to face challenges with a vision for the future. In other words, you need a next-generation CIO.
As you prepare for your board’s next evaluation, consider including input from the management team on whom you and your shareholders depend to execute your mission, vision, and strategy.
What drives monolithic corporations to seek help with innovation? Often, fear of failure. It can prevent them from pursuing ideas and stifle their own innovative spirit, ultimately leaving room for competitors to steal market share.