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New Year’s Resolutions For CIOs

Jan 09, 2024 - forbes.com
As 2024 begins, CIOs are facing a range of challenges due to the dynamic nature of the technology world, including the AI boom and the expansion of technology roles. These challenges include the adoption of Generative AI, security issues with the widespread availability of new AI tools, and the increase in tech budgets. The article suggests that CIOs need to invest thoughtfully in emerging technologies, find cost savings, create diverse and inclusive teams, serve as holistic digital leaders, develop their leadership skills, and balance work and life for themselves and their teams.

The article emphasizes the importance of planning and creating a solid roadmap for 2024, aligning it with business goals and risk appetite, and communicating it across the organization. It also highlights the need for CIOs to take the lead in their organizations to capture the competitive advantage of diverse thinking and create a more ethical industry. The article concludes by urging CIOs to begin the planning process now to set themselves up for success in 2024.

Key takeaways:

  • CIOs are facing an array of challenges in 2024 due to the AI boom and the expansion of technology roles. These challenges include the adoption of GenAI, security issues, and increased tech budgets.
  • There are several resolutions for CIOs in 2024, including thoughtful investment in emerging technologies, finding cost savings, creating a more diverse and inclusive team, serving as a holistic digital leader, developing leadership skills, and balancing work and life.
  • Women and minorities are underrepresented in technology, and efforts need to be made to promote their engagement and advancement in the field.
  • Planning is key for any resolution for change, and it's important to work with the team to put together a solid roadmap for 2024 that aligns with business goals and risk appetite.
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