CIO vs. CDO: Who Should Drive Digital Transformation?
Digital transformation is a driver and a challenge. Who should be responsible for digital transformation at your company?
In this guide, you will examine the five digital transformation application scenarios, why entrepreneurial creativity plus IT equals digital transformation, and the five archetypes of a chief digital officer.
Chief Information Officer (CIO) vs. Chief Digital Officer (CDO)
If the CIO has the necessary professional and management qualities, pragmatic companies will charge them with the task of implementing the digital transformation process. If not, they will appoint a suitably qualified CDO, recruited either internally or externally. Either officer can successfully drive digital transformation if they possess the right skill set and qualities.
Entrepreneurial Creativity + IT = Digital Transformation
Translated into a simple formulas, entrepreneurial creativity plus IT will drive the digital transformation process forward.
- Many companies must set up "innovation labs" to test the formula. When continuously evaluated, innovation labs have the potential to become a significant component of a digitalization strategy.
- Other companies are rejuvenating the management level in their IT departments. In doing so, the company wishes to lay down a clear marker signifying a paradigm shift toward digital transformation.