Neither Wilderness Nor Home, The Indian Maidan. Anuradha Mathur
19th March Session 2 By Anuradha Das Mathur
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Transcript of 19th March Session 2 By Anuradha Das Mathur
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•04/10/23• © 9.9 Mediaworx, 2008
CIO Board Readiness SurveyKey Findings
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•04/10/23• © 9.9 Mediaworx, 2008
Objective
The objective of this research survey is to assess where CIOs are in their journey to the top echelons of their companies.
The CEO, who some decades ago was the be-all and end-all of a business, feels the need for a ‘partners’ table.’ Beginning with the CFO and the HR function – and a parallel presence of the Board – we believe that in India too, much like the rest of the world, the journey for CIOs to join the partners’ table has begun.
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Sample size – 77 Companies*
* Please refer the appendix for respondent company names
Survey conducted by: CTO Forum Magazine and CIO Institute in partnership with Microsoft
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Evolution of organisational structures
The 1990s – CXOs begin to partner the CEO at the “Corporate High Table”The 1990s – CXOs begin to partner the CEO at the “Corporate High Table”
The evolving organisation – CIO marks the journey to the TableThe evolving organisation – CIO marks the journey to the Table
1990s 2000 onwards
Ability to lead operations and executionGlobal mindsetAbility to develop and execute a clear succession planAbility to influence peers and top management
Leadership qualities that most CXOs have developed so far from their traditional and C-plus roles
The Ladder-ship to the Board The Ladder-ship to the Board The Ladder-ship to the Board The Ladder-ship to the Board
Ability to influence peers/top management
Insights into company’s business
Large team management skills
Leadership & ability to develop & manage senior talent
CIOCIO
Attributes where CIOs are found wanting
The CIO’s journey so far The CIO’s journey so far The CFO started to partner the CEO… others soon followed
The CFO started to partner the CEO… others soon followed
Ability to influence peers/top management
Insights into company’s business
Large team management skills
Leadership & ability to develop & manage senior talent
CFOCFO
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Key findings of the survey
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Organisations are ready; but in a limited manner
• CIOs are considered for a senior leadership role; but in a limited manner...– But Indian organisations lag behind their global counterparts in terms of recognising and
accepting the ‘CIO’s leadership potential’
– Only 37% of the respondents felt that their organisations are ready to consider CIOs for a senior leadership role
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Reasons for considering CIOs as leaders
• The Reds, Oranges and Greens in a CIO’s journey to top leadership positions
– CIOs believe that their knowledge of the company’s technology needs holds them in good stead …as does their enterprise-wide view
– But leadership skills and the ability to manage a large team do not figure yet…
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Current responsibilities of CIOs
• CIO plus’ role is common in India but their presence on the Board is rare…– Additional responsibilities include security, logistics, and CRM...
– ...but go into strategic roles in a few sectors where technology penetration is high
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The ‘Readiness-Willingness’ Gap...
• Do CIOs in India believe they are ready for top leadership positions? • The survey revealed significant ‘readiness-willingness gaps’ in four major
positions– Management committee positions are an expectation now…
– But CIOs as a part of the Board or with CEO-level responsibilities are negligible and many CIOs don’t even openly aspire for these positions
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The ‘trend-setter’ CIOs’
• The survey revealed that there is a new and emerging group of CIOs who rate themselves highly on several fronts – indicating their readiness for ‘top management positions’
• Forerunners amongst these were:– a global mindset
– acceptance of the fact that business leads technology
– ability to change and lead business transformation
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CIO ‘self-view’
• The self-view is flattering...– With these critical ‘strategic management’ characteristics, it is a surprise that more CIOs do
not occupy seats on key decision-making bodies in their companies
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CIO ‘community-view’• Individual CIOs think lesser of the community than of themselves…!
– In fact, a comparison of the previous slide shows a difference in the entire scale – the personal ratings are higher across most characteristics.
– Other than the top 2 skills, for all others the rating for the community is lower than the lowest rating for personal skills at 5.3
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Ideas for next ‘leadership’ steps...
The findings of the survey point clearly towards next steps in the CIO’s quest to become ‘Board Ready’…
To prepare CIOs for ‘leadership roles’, next steps must include:
•Programmes and coaching in leadership skills•Team-building and man-management skills•A pocket MBA to allow for ‘taking on P&L responsibilities’•And learning how to influence peers/counterparts
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Appendix
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List of respondent companies 1. AC Nielsen
2. AFL
3. Alstom Projects India
4. Amtek Group
5. Automated Data Processing
6. Bajaj Electricals
7. Ballarpur Industries
8. Bank of America
9. Bank of India
10. Carrier Airconditioning and Refrigeration
11. CESC
12. CFC India Services
13. Cognizant Technology
14. Consim Info
15. DCB
16. DLF Group
17. Eicher Motors
18. Elbee Express
19. Engineering Projects (India)
20. Evalueserve
21. Forbes and Company
22. Fortis Healthcare
23. Gati
24. GlaxoSmithKline Consumer
25. Glencore India
26. Godrej Industries
27. Gujarat Heavy Chemicals
28. HDFC Bank
29. Henkel CAC
30. Hindustan Construction Company
31. House of Pearl Fashions
32. HT Media
33. HTMT Global Solutions
34. Indian Oil Corporation
35. Intrex India (Essel Group)
36. Jindal Stainless
37. Jubilant Organosys
38. K Raheja Corp
39. KPMG
40. Landmark Group
41. Mahindra & Mahindra Financial Services
42. Mahindra Special Services Group
43. Matrix Laboratories
44. Max New York Life Insurance
45. Moser Baer India
46. Motherson Sumi Systems
47. Nagarjuna Fertilizers & Chemicals
48. NH Securities
49. Pfizer India
50. Philips Electronics
51. Piramal Health Care
52. PMC
53. Raymond
54. Reliance General Insurance
55. Reliance Life Insurance
56. Repco Bank
57. RPG Enterprises
58. Sanofi-Aventis Group
59. Satyam Computers
60. Shoppers Stop
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List of respondent companies (2) 61. Sify Technologies
62. SMIFS Securities
63. Spanco Telesystems and Solutions
64. SpiceJet
65. SRF
66. SRL Ranbaxy / Fortis Health World
67. Star India
68. Tata Capital
69. Tata Chemicals
70. Tech Mahindra
71. Tulip Telecom
72. Unitech
73. VIP Industries
74. Walmart India
75. Web18 Securities
76. WM India
77. Yes Bank Ltd