Joining an organization as a new executive is an exciting opportunity to better understand the current state of the business, identify the opportunities, risks and gaps facing the organization, and begin to plan for the future.
During the first 90 days, that learning is most often done through meeting with staff, board members and customers.
In a national survey, only eight percent of middle market executives considered themselves to be “experts” when it came to technology strategy.* As a result, it’s not uncommon for the IT department to go unassessed and continue operating as it always has, regardless of the performance and potential opportunities for improvement.
Rather than ignoring IT or pushing it to lower management levels, here are three ways CEOs can take an active role in their organization’s IT department and learn how to integrate it into the overall business strategy.
Not every organization has a Chief Information Officer (CIO) leading the IT team, and some smaller companies may only have one or two people in the whole department. Make it a priority to meet with the IT leader as soon as possible and ask the following questions:
After meeting with IT and with a better understanding of current technology systems and processes, bring together a group of people who will serve as an IT Investment Committee. This group can include the IT leader, CFO, directors, VPs, a technology-minded member of the board and outside IT advisors. The CEO does not necessarily need to be part of this team, but can choose to attend meetings depending on the size of the organization. Working as a team, the IT Investment Committee can:
New CEOs have the tremendous opportunity to advance the organizations they serve in a big way and getting a handle on technology from the start is a move in the right direction. Technology is far too critical to success, and potentially far too damaging if not managed appropriately, for CEOs to delegate it completely to others. These three steps will help CEOs evaluate the strength, stability and strategy of the IT organization in order to understand if it is positioned to support the vision for the future.
Business leaders can contact Hartman when they’re looking for independent, unbiased help to assess an organization’s IT systems, people and processes in a holistic way. Hartman will also help create a strategic IT road map that aligns with the business goals and overall plan. Reach out to our experienced IT strategy consultants by calling 410.587.0064 or by requesting a consultation online.