Theta’s board and management hosted an executive luncheon last month on this topic, inviting IDC’s Adam Dodds to present the report findings.
Why the divide?
Adam Dodds outlined the reasons NZ businesses are internally divided at the executive table on the importance and influence of technology, based on their latest survey data. For CIOs, for example, productivity and efficiency gains are the main drivers for technology investment, whereas for the business, market expansion, digital presence and sales and marketing initiatives drive IT spend.
How to close the gap?
Dodds outlined measures companies could take to resolve internal divisions around technology – something that’s increasingly important as technology becomes core to ALL organisations. He suggested that the role of the future CIO would focus on providing governance and enablement of the application of technology. Redesign of the organisational model around technology, and evolution of technology teams - from technology architects to business architects – will also be necessary.
IDC is an independent global market intelligence and advisory organisation for IT, telecommunications and consumer technology markets. Their annual C-Suite survey is a barometer for the executive outlook on technology in business.