Intelligent CIO Europe Issue 12 | Page 53

CIO opinion CIO OPINION best talent across the business in every functional area. Having the right people in the right jobs and inspiring them to lead the charge, a CEO should be able to trust every employee to execute the business strategy with excellence. And finally, a CEO needs to understand the power of the appropriate and effective use of technology. Technology is the engine that fuels success in this day and age and having a solid comprehension of the technologies out there that make the seemingly impossible, possible is critical. Keeping up to date on the latest market trends is key as innovation is everywhere and it is with this in mind that having the background of a CIO makes perfect sense. The journey from I to E Similarities run throughout these two roles, so much so that a CIO is like a CEO in training. Both positions rely on a thorough understanding and dedication to business requirements, a full commitment to working with distinction and the ability to manage expectations of and deliver them to employees, customers and partners. A CIO and CEO must both be able to communicate business strategy and vision in a way that will rejuvenate and empower employees, along with anyone who has an impact on the business. But most importantly, both must value and show commitment to these employees in order for them and the business as a whole to motivate, grow and succeed. So, if anyone ever asks if a CIO can become a CEO, the answer is a resounding ‘yes’. n Communication is arguably a CEO’s most important skill: communicating business objectives that are understandable and relatable to employees and their role in helping to achieve them; communicating strategies and expectations to shareholders and stakeholders alike and recognising that their relationship with the company should be mutually profitable and beneficial; and communicating the product or service to customers and prospects. A CEO must be able to illustrate clear, open and effective www.intelligentcio.com communication to inspire, persuade and convince, to suit a range of audiences. A CEO must also practice transformational leadership – the ability to set the tone of the business by example to motivate employees and attract new talent. This reigns true for new businesses just starting out as well as for well-established enterprises. A successful CEO must create the right conditions for recruiting and retaining the “ A CEO SHOULD BE ABLE TO TRUST EVERY EMPLOYEE TO EXECUTE THE BUSINESS STRATEGY WITH EXCELLENCE. INTELLIGENTCIO 53