CIOs Need to Focus on Digital Literacy

Business leaders must embrace the true value of technology according to CA Technologies' new global 'The Future Role of the CIO; Digital Literacy' report.

The study reveals that 81% of the Asia Pacific CIOs interviewed believe a lack of digital literacy amongst senior executives could be hampering business growth. Study shows that Asian business leaders need to embrace role of IT more strategically. Only 17% of CIOs in Asia Pacific are Involved in Defining Business Strategies.

CIOs fear senior-level digital illiteracy is causing a lack of market responsiveness, missed business and investment opportunities, poor competitiveness and slower time to market. Further, almost one fifth of the CIOs interviewed believe the C-suite does not understand the impact of new and emerging technologies.

Professor Joe Peppard, director of the information systems research centre at Cranfield School of Management, believes senior managers must acknowledge that the value from IT comes not from technology, but from the ability to manage and exploit information.

Peppard believes that by working in this way, both the IT organization and the CIO role will evolve and be able to lead discussions and education about how they drive the business forward through IT innovation.