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CIOs face pressure to deliver fast results and drive change
Information Week
CIO tenure has always been short, reports Information Week. In a recent survey, however, over half of tech chiefs (53%) say they've been in their jobs five years or more. Does this signal a new age of job security for CIOs, asks the magazine? Chris Patrick, a consultant at Egon Zehnder International, Dallas, does not think so. "I'm seeing a fluctuation between 2-1/2 years and the three-year mark," says Patrick, a figure which has remained unchanged for several years. CIO tenure largely depends on the economics of the industry in question - either because of attrition, compensation, or job satisfaction, explains Patrick. The CIO is also increasingly perceived as a transformational agent. "I'm seeing a lack of patience for individuals who can't deliver results quickly," Patrick notes. "They hired you to have impact. You can't go in and lay out the five-year program that kicks in in year four,” he warns. |
