Who is Responsible for Digital Transformation in an Organization ?

Does a company really need to appoint a CDO (Chief Digital Officer) to drive digital innovation and transformation throughout its organization? Alternatively, the task of developing new digital capabilities would not be best suited to a newly formed role, but would explicitly focus on the use of new digital technologies to improve customer processes and activities. Sources: 0

Today, CIOs spend a lot of time imagining new applications and technologies, but often do not have the expertise they need for their hands – roles in product and strategy. CTO lead the development of new technologies such as self-driving cars, cloud computing, and artificial intelligence. To pave the way for growth through acquisitions, a CFO with a deep understanding of integrated enterprise systems and a strong focus on product strategy is the better choice. Sources: 9

While chief information officers focus on technology and information, the CIO’s role has evolved into a full-fledged executive charged with generating revenue and scaling digital businesses. It is essential that technology managers can lead IT teams that work in a think tank to drive innovation. Indeed, a new type of leader is emerging, building on traditional CIO skills to meet this demand. Sources: 6

The CDO is responsible for implementing digital initiatives that enable strategic innovation and business transformation to improve operational efficiency. His or her main role is to drive growth and strategic renewal by transforming the organization’s traditional analog business into a digital one while creating new value. Sources: 0

The digital landscape is constantly changing and changing. C-Suite teams really need to address the imperative of digital leadership and do so urgently. Many Chief Marketing Officers (CMOs) have also made it a priority to own and advance a digital agenda, but the scope of the digital agenda will inevitably go beyond their remit. CEO acknowledges this is a major obstacle to future success. Sources: 2

The technology industry has added a special dimension to its leadership. CEOs’ mandate to own Mission Digital is more important than the role in the organization’s overall digital strategy. This observation is a perfect example of how the game is changing the way companies construct their digital vision. CEOs trying to change the entire perspective and experience of potential buyers are another clear example. Sources: 8

The first part of a new job as CIO is to build the bank strength needed to scale the company’s digital business with the support of the digital ecosystem. The expectation now is that the same leaders will push for change across the organization. CIOs are fighting for a seat in the C-Suite strategy sessions. Sources: 4

CEOs should lead the company into its digital future. The company may appoint a Chief Digital Officer (CDO) to embed the digital into the fabric of the organization. But once a digital company is established, the need for a CDO may cease to exist. Business leaders are already enmeshed in their organizations “digital ecosystem, so the lifespan of that role is likely to be limited. Sources: 5

At the CEO level, the CIO is expected to take the lead. Gartner analyst Samantha Searle says that today “the role of CTO and CIO as an equal partnership has come into focus. By focusing on emerging markets, a COO is more focused on developing the company’s new business model. There is no doubt that the status of the role in companies is changing, as an early jump to emerging technologies becomes increasingly important for business success. Sources: 10

CTOs, sometimes called chief technologists, are responsible for developing technologies that make better products to grow the business. With the increasing role of technology in business, the position of CTO / CIO is gaining in importance. It affects practically all departments and often plays a central role in the implementation of strategies and the transformation of the organization. The game-changing technologies such as cloud computing, artificial intelligence, and big data – has transformed the role of the “CIO” from an inward-looking service provider to an outward-looking generator of new business models. Sources: 1

In fact, in some companies, he or she is referred to directly as Director of Digital Transformation. The role of the CEO is to make decisions – to make decisions and to define strategies, including those related to the digital transformation of the company. He or she will, therefore, have the final say in making important decisions and will play an essential role in any area of business that could be of great importance to them. This profile plays the most important role for the CTO / CIO, as the development of digital transformations is one of their main tasks. They will be responsible for all innovation measures such as new business models, new products and new technologies.
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