A motivated CIO will not only impact business strategy but can also drive the digital leader to success.
Executives need to keep their CIO engaged in their role in order to retain their talent and satisfaction in their job role.
Only a third of CIOs admitted they had benefitted from an increase in base salary according to the 2017 Harvey Nash survey. CIO UK looks at the benefits of what motivates a CIO to achieve their set goals for innovating the business.
Business and technology leader
Technology is adapting the business model and the career development of a CIO.
CIOs have an advantage against fellow executives in having a foot in the business as well as being a digital leader.
CIOs have taken on additional responsibilities which can align the technology and business strategy. CIOs have become influential in their role by communicating with the marketing and finance departments to achieve the shared business goal.
The dynamic role can increase the CIO's creativity, teamwork and leadership skills in motivating a CIO to move up the career ladder in motivating them to become the next strategic business partner.
Recognition from executives
A CIO’s role is demanding with 58% of IT leaders expecting to stay in their roles for five years or less, according to reseearch firm Harvey Nash.
Executives need to make their CIO feel recognised in helping to motivate and retain a CIO's talent. Money can be a gesture of recognition for hard-work but communicating to the IT leader will be more significant.
Executives can show their appreciation of the CIO through verbal or direct communications, such as one-to-one meetings, staff meetings and newsletters, as a way of recognising their recent accomplishments.
The motivation from fellow executives will build a better relationship and engagement between the CEO and CIO. CIOs want to be valued as an employee with the contributions they are making in their role. Introducing an open door policy cannot only promote equal opportunities but also keep the CIO engaged and increase their loyalty to the business.
See also our tips on how to keep your team motivated
A CIO's engagement is reliant on influencing their team to success. The relationship between a CIO and their digital team is vital to achieving the shared company goals.
According to Gartner, skills shortages stop 22% of team members in being creative in their role.
Speaking as part of the CIO 100 UK edition he discussed how personal development is a driving force in his CIO role.
He said: "I place considerable importance on individual feedback from all levels in the organisation. Personal development enables me to be an inspiring and authentic business leader... on-the-job development has been supported through me taking an active role in the senior executive team."
He continued: "I am also now accountable for the simplification programme across the company. This has been a personal stretch and development opportunity for me which has increased my understanding of the organisation including business processes and systems."