CIO & LEADER-Issue-10-January 2018 (1)
The cover story on CIO&Leader's January issue is a dive into the skills that CIOs are going to develop and hire in 2018
The cover story on CIO&Leader's January issue is a dive into the skills that CIOs are going to develop and hire in 2018
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Cover Story<br />
L<br />
et's address the elephant<br />
in the room: The world is<br />
staring at a talent crisis.<br />
The Fourth Industrial<br />
Revolution is disturbing<br />
the demand supply equilibrium<br />
- creating a shortfall<br />
of new skills. This is a classic Catch-<br />
22 situation where, on the one hand,<br />
<strong>CIO</strong>s are shifting their investments<br />
in favour of digital transformation.<br />
On the other hand, skilled IT workers<br />
are hard to come by. In a recent Skill<br />
Survey conducted by <strong>CIO</strong>&Leader, we<br />
found that 45% of Indian <strong>CIO</strong>s find it<br />
"hard" to hire the right skills for their<br />
department while 14% agree that it is<br />
rather "very hard" to fill in these highskilled<br />
positions.<br />
This is hardly a surprise because<br />
<strong>CIO</strong>s across the board identify the IT<br />
skills gap as a serious impediment to<br />
their growing digital ambition and<br />
they are under enormous pressure<br />
to help their organizations become<br />
agile and stay relevant in the current<br />
digital age.<br />
Every <strong>CIO</strong> is probably in a classic<br />
fear-of-missing-out moment with<br />
technology. One in every third <strong>CIO</strong> is<br />
either implementing an AI-powered<br />
digital initiative or leading the digital<br />
transformation initiative in the organization.<br />
According to recent Skill<br />
Survey, <strong>CIO</strong>s will hire skills in BI &<br />
Analytics, security, cloud, infrastructure,<br />
networking, vertical-specific<br />
skills, enterprise architecture, business<br />
consulting, among others.<br />
Today's business expect <strong>CIO</strong>s and<br />
their IT organizations to develop digital technology and<br />
business skills such as design thinking, data sciences, usercentric<br />
design and exposure to new technologies, such as<br />
IoT, Machine Learning, Big Data, and Blockchain, to drive<br />
transformation and sustain long-term benefits.<br />
Traditionally, <strong>CIO</strong>s have hired IT consultants, contrac-<br />
Vertical-specific<br />
skills<br />
<strong>10</strong>%<br />
Which specific skills will <strong>CIO</strong>s hire in <strong>2018</strong>?<br />
Cloud/Infrastructure/<br />
Networking<br />
17%<br />
Enterprise<br />
Architecture<br />
17%<br />
Business<br />
Analyst<br />
17%<br />
BI & Analytics<br />
17%<br />
Security<br />
48%<br />
Which leadership/business skills are <strong>CIO</strong>s planning<br />
to hone in <strong>2018</strong>?<br />
3% 3%<br />
Marketing<br />
Vendor<br />
Mgmt<br />
14%<br />
Financial<br />
Mgmt<br />
21%<br />
Team<br />
Mgmt<br />
59%<br />
Business<br />
Transformation<br />
<strong>January</strong> <strong>2018</strong> | <strong>CIO</strong>&<strong>LEADER</strong><br />
17
Change language