Slashdot Mirror
CIOs Dismissed As Techies Without Business Savvy By CEOs
Qedward writes in with a link about the gap between the tech side of business and the bean counters. "CIOs are being dismissed by CEOs as too techie and not aligned with business activities. According to recent Gartner survey of 220 CEOs across the world, business leaders expect spending on IT to rise, but without a corresponding rise in the importance of the role of the CIO within the organization. CIOs appear to be failing in the eyes of CEOs in terms of alignment with the rest of the business. The research showed the stereotype of the head of IT being too preoccupied with technical issues to be effective business leaders persists. He said they were perceived as unable to bring a breadth of business perspective to the table."
Imdustry shouldn't have followed the government's lead when they instituted titles like that. Is industry going to start using the term Tsar soon, too? Or maybe they want their CIOs to multitask and also work as bean counters now. Kind of like industry wants me to design systems, administer them AND be able to program like a pro. Everybody needs to do more to ensure we keep that unemployment rate high, employment insecurity high, fear levels high and wages real LOW, right? "According to the Computer History Museum, the C-level position for IT is believed to have started in military and government, then becoming adopted by industry. William Synnott and William Gruber get credit for coining the term in 1981."
Walgreens pharmacy. Their CEO is concentrated on building revenue by letting all the help go in order to pay his bonuses. I went by there yesterday and the place was backed up, the wait for a prescription was over 2 hours and they had one guy, the Pharmacist, manning the phone, the drive-thru window and the counter plus he was trying to fill prescriptions. This was never the case until just recently but now it's an everyday thing there. I hate to move to another pharmacy because that one is only 3.5 miles from the house but if this keeps up I'm outa there.
Bob Nardelli of Home Depot. Nearly ran the company into the ground with his corner-cutting. Walked away with a $200M golden parachute. It's amazing the company is still around.
Enron, MCI-Worldcom, AIG, etc...
I thought Dilbert was a joke until I left the private sector and moved to the corporate world. Exec positions should require minimum 15 years actually working actual jobs....
Public sector: Ran with public funds (i.e. government).
Private sector: Ran with private funds (essentially everything outside government and often includes government owned by privately managed companies).
"Chainsaw Al" Dunlap is another, nearly destroying Sunbeam. Once known for quality products, Dunlap's constant mass firings of the most experienced employees resulted in Sunbeam becoming yet another bottom-shelf manufacturer.
You can never go home again... but I guess you can shop there.
You are technically correct, according to the technical definition you provided, but not necessarily correct for colloquioal definitions. The economy is not simply divided into two sectors. There are the "Private Sector", "Corporate Sector" (sometimes known as Banking Sector), Public Sector, Home Sector, Retail Sector... you may also choose to divide your sectors by field in an even more granular fashion.
CEOs pause from giving themselves another raise and more stock options to exercise their egos. In other news, sun rises in east.