CIO Event London - 5 Best Tweets / 5 Best Quotes / 5 Things We Learnt
Held at the Ham Yard Hotel Soho, London, almost 200 CIOs and technology leaders gathered to hear the results of the 2016 Harvey Nash / KPMG CIO Survey.
Our photographer was there to capture it all. Take a look in our photo album.
The panel were:
Julia Warrack, Managing Director Technology, JP Morgan
Simon Schofield, Head of Security & Compliance, Adapt
John Seglias, Group CTO, DEFRA
Edd Read, Co-Founder & CTO, Graze.com
Tweets - Five of the best
To see all #hnkpmgciosurvey tweets here
Tom Darnell @tomdarns - "Absolutely hate the continued definition of 'IT / tech' and 'The Business' as if they exist as entirely different entities. #hnkpmgciosurvey"
Chris Andrews @cs_andrews - "CIO know thyself #hnkpmgciosurvey"
Quotes - Five of the best
1. "In Singapore about 80% of companies are less than five years old. They don't talk about innovation, they live it! The UK is very different."
2. "To be a creative CIO you need communication, commercial and problem solving skills."
3. "One thing I always ask is 'where am I weak?' And then look to address it. Your team needs to be diverse, a mixture of 'go getters' who may care less about the detail, and perfectionist who do care."
4. "There is a new breed of enterprise solutions out there that are cloud based. We are increasingly finding that innovation is coming from our partners, not just us."
5. "Project failure is rife. To improve project success you need to be stronger up front, to learn to say no more often, and really, really push to find out what they are looking for."
...and we couldn't resist adding three more...
6. "People talk about agile in terms of labels and methodologies, but they should really talk about behaviours. You need to roll up your sleeves and sit together and ask 'what have I done today to make a difference'...It's not always a big thing, it can sometimes be very small. Through this, even big banks can deliver innovation quickly."
7. "People talk about innovation as doing something new, but actually that's creation, not innovation. Innovation is about problem solving."
8. "My biggest concern in data protection is the right to be forgotten. In a world where data is held across multiple countries, multiple servers and multiple organisations, how can you ask for your information to be removed. In short, you can't."
Five things we learnt
1/ The CIO role is changing (fundamentally):
- The old operational priorities of cost saving and infrastructure are declining, and new outward facing ones are increasing - such as revenue growth and digital are increasing.
- Connected to this more CIOs report directly to the CEO (34 percent) than at any time in the past decade, rising 10 percent over last year.
- This increase in importance has come about as the CIO is becoming more focused on non-IT activity. Four in ten CIOs now spend more than one day a week in areas entirely unrelated to traditional IT.
2/ Skills shortage grows, but good news on gender diversity
- Despite CIOs being more creative and increasing their influence, they still are being hindered by the greatest technology skills shortage since the Great Recession almost a decade ago.
- Almost two-thirds (65 percent) of CIOs say they believe a lack of talent will prevent their organization from keeping up with the pace of change, a 10 percent increase in just 12 months.
- Women in senior IT leadership roles has risen by a third - up from 6 to 9 percent in the last year Eleven percent of survey respondents were female, up from 8 percent last year and the first time in the survey's history women made up more than one in ten participants
3/ Cyber security - A third of global CIOs responded to cyber-attacks in the last two years
- Almost a third (28 percent) of CIOs have had to respond to a major IT security or cyber-attack on behalf of their organization in the last two years
- Almost half of CIOs (49 percent) report data loss and privacy risks as the biggest challenge with adopting cloud technology
- Only a fifth (22 percent) of CIOs feel confident their organization is very well prepared to identify and respond to cyber-attacks compared to nearly a third in 2014
4/ CIOs are getting to grips with digital
- Almost one in ten companies implemented an enterprise wide digital strategy (jumping from 27% to 35%)
- Alongside this growth in strategy comes a growth in importance: the single most likely body to own the digital strategy is the Board. IT comes second. It's worth noting here that Marketing, perhaps the traditional sparring partner of the CIO in digital, is now close to the bottom. As companies develop a clearer understanding of what digital means for their business and as such the old confusions between digital business, digital marketing are resolved.
5/ CIOs increasing agility
- Big jumps are planned in cloud investment
- 59 per cent of organisations looking to implement agile methods to develop and deliver IT services, the 'Next-Generation' operating models (which include Agile and DevOps), offer the prospect of a continuous delivery capability.
- For the Creative CIO, the goal is to simplify organisational structures to successfully deliver both a more agile and innovative business environment and a more engaging customer experience.
Thank you to everyone who took part, and who continue to make the CIO Survey events a great way to share knowledge and insights.