We see companies continuing to look for opportunities to optimise their cost base. Find out how are approach to delivering CIO capability within your organisation can help you assess your capabilities, strengths and areas of improvement so you can make informed, evidenced based decisions to help shape and grow your business whilst keeping as lean as possible.
Did you know, the median salary for a CIO is approximately £140K/year1. A smaller business looking to hire a less experienced individual will still need to budget around £100K/year. You will also need to factor in employer benefits and costs like NI and pension contributions, which will set you back at least an additional £13K (and £20K for the median salary). For this investment you will have the benefit of dedicated access to a single resource, but are you able to calculate the benefits of this expenditure?
Importantly, is the resource you need now the same resource you might need in 12 months’ time? For example, if you are embarking on a period of significant change, then you will need a transformational CIO with significant experience in this area. Once the transformation has been completed will you still want or be able to retain this type of CIO.
Why you might need support
- Lack of clear strategy, policy and governance – Does everyone in the business know the strategic goals of the IT function
- Inability to make strategic IT decisions – with so many technology options available, how do you know which way to go?
- Unharnessed potential within your IT department – Are you getting the best out of your team?
How we can help
- We can provide a CIO capability on demand to help your business build robust IT governance, strategy and policy.
- Helping you to make strategic IT decisions working in partnership with your current IT team and the wider business.
- Identifying your high performers and ensuring they get the coaching and mentoring they need to develop whilst also being able to deliver your businesses objectives.
Business Benefits
- A fully resilient and capable CIO presence from day 1, ready to respond to your needs as they evolve over time.
- Assessment of your current IT function, its strengths and areas of improvement, guiding and mentoring the team through change, including actional intelligence through psychometric testing.
- Development and delivery of your IT strategy through close partnership with the relevant areas of your business.
- Enable clear messaging across the business and removal of siloed mentality that can often bog down businesses trying to embrace change.
- Remove the need for the overhead of a full-time CIO until your business is at the right size to justify it.
- Predictable cost base that will scale and flex to meet any changes to your near and long term plans.
1. Source: Glassdoor.co.uk