About three-quarters of 2,043 executives from 75 countries including Canada believe that CIOs have a role to play on the board of directors, but the number of CIOs who currently sit on boards remains low, according to a survey from Korn/Ferry International.
Richard Spitz, global managing director of Korn/Ferry’s technology market, said: “It takes a very strategic CIO who leaves his or her safety net of being a technology expert to jump in as a partner with the business people to understand where the advantages can be leveraged.” But be prepared. “The initial gains in productivity were easy,” said Spitz. “The question now is what other gains can be had from this investment.”