By Petter Gottschalk
The CIO place and significance rely on info know-how adulthood within the association, price configuration, strategic IT assets, e-business process, and IT governance constitution. CIO and company Strategic administration: altering function of CIO to CEO holds key info in bettering a CIO's function, which might then boost his or her probabilities of relocating up right into a CEO position. CIO and company Strategic administration: altering position of CIO to CEO offers research inside of theoretical frameworks and consulting techniques, and begins with the call for part of CEO successions, particularly highlighting methods in IT foundations, e-business improvement, and IT sourcing judgements.
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Extra info for CIO And Corporate Strategic Management: Changing Role of CIO to CEO
There is a tendency of journalists to attribute a firm’s actions and outcomes only to the CEO. Journalists celebrate a CEO whose firm takes strategic actions that are distinctive and consistent by attributing such actions and performance to the firm’s CEO. In doing so, journalists over-attribute a firm’s actions and outcomes to the disposition of its CEO rather than to broader situational factors. A CEO who internalizes such celebrity also will tend to believe this over-attribution and become overconfident about the efficacy of his or her past actions and future abilities.
2002). New CEOs and corporate strategic refocusing: How experience as heir apparent influences the use of power. Administrative Science Quarterly, 47, 707-727. Buchholtz, A. , Ribbens, B. , & Houle, I. T. (2003) The role of human capital in postacquisition CEO departure. Academy of Management Journal, 46(4), 506-514. Carpenter, M. , & Wade, J. B. (2002). Microlevel opportunity structures as determinants of non-CEO executive pay. Academy of Management Journal, 45(6), 1085-1103. Copyright © 2007, Idea Group Inc.
Further, the effect of outside director power is importantly influenced by the performance context. This observation warns against simple symmetrical thinking about heir apparent promotion and exit: Factors that decrease the likelihood of promotion will increase the likelihood of exit, and vice versa. Cannella and Shen (2003) found that relay succession is guided by rules and most often unfolds as planned. Powerful CEOs and outside directors can intervene in the process but often do not. Intervention is most likely in situations of extreme importance — either high or low.
CIO And Corporate Strategic Management: Changing Role of CIO to CEO by Petter Gottschalk