Only 30% of CIOs are part of the management committee of their companies, and only 5% manage to advance to broader roles such as CXO (Chief Experience Officer, Chief Digital Officer, among others). This data highlights a persistent barrier for these technology leaders to expand their strategic influence within organizations.
This is highlighted by LiceoTIC Training, in its report “From CEO to CXO”, where it offers a detailed analysis of the trends, challenges and professional opportunities for CIOs (Chief Information Officers) in an increasingly dynamic and competitive business environment.
«The role of the CIO is at a crossroads. Not only do they need to be technology savvy, but they also need strategic, leadership, and communication skills to evolve into more influential positions. This report seeks to provide a roadmap for CIOs to maximize their impact and successfully plan their career future.«comments Juan Carlos Gutiérrez, director of LiceoTIC Training.
Current Challenges for CIOs
Among the main conclusions of the report, it is noted that CIOs have an average tenure of 4.5 years in their positions. This duration is influenced by factors such as the business sector, the pressure to lead digital transformations and the need to align technology with business objectives.
In sectors such as technology and telecommunications, high turnover is common due to the accelerated pace of innovation. In contrast, in traditional sectors such as finance or energy, CIOs tend to enjoy greater stability thanks to the longevity of strategic projects.
Only 30% of CIOs are part of the management committee of their companies
Additionally, external events such as mergers, acquisitions or cyber crises, and the perception of success in IT projects, contribute to CIOs facing greater instability compared to other executive roles.
Professional Evolution: From CIO to CXO
The report identifies the main reasons why a CIO might decide to change companies or roles, from seeking new challenges to organizational or leadership changes. Among the most common functions that CIOs evolve towards are:
- CFO (Chief Financial Officer): Requires financial mastery and strategic skills to integrate technology and finance.
- CDO (Chief Digital Officer): Focused on leading digital transformations and innovation in business models.
- CISO (Chief Information Security Officer): Specialization in cybersecurity and risk management.
Keys to a Successful Transition
LiceoTIC Training details in the report the skills necessary for CIOs to ensure a successful transition to more strategic roles:
- Strategic vision and transformational leadership: Ability to lead teams and align with business objectives.
- Adaptability and intellectual curiosity: Key qualities to take on new challenges in a changing environment.
- Advanced education and training: Such as an MBA or certifications in specific areas such as cybersecurity or finance.
The Future of the CIO: A More Strategic and Connected Profile
The report concludes that the next generation of CIOs will need to excel in five key areas:
- Be active listeners, open to constantly learning.
- Act as guardians of sustainable and secure growth.
- Establish strong alliances with external partners.
- Become independent judges who provide impartial perspectives based on data.
- Be clear leaders in business and technological strategy.
