According to statistics published over the last 5 years by large companies and IT magazines such as Fast Company, it is common for IT managers to remain in their current positions for only about 4 years and 4 months , on average. This low tenure of CIOs in their positions is due to several factors that can be divided, primarily, into two groups: those who no longer meet the expectations of their corporations and are replaced by other professionals, or those who can no longer handle the responsibilities and pressures inherent to their roles and resign from their positions.
Although these two reasons may seem to be the most obvious, the blame for the high turnover of CIOs may also fall on aspects specific to the evolution of companies. A large company, for example, may merge with another and, with this new scenario, the IT manager will have to deal, hypothetically, with new strategies, new responsibilities, sectors that are not of interest to him/her and, consequently, decline the position due to the changes underway. This evasion also occurs because CIOs do not have, in some cases, the necessary budget to carry out what they believe to be the best strategy for the company or because they disagree with the line of work that the company has started to adopt.
It is natural that the dissonance between CIOs and the technological acceleration of companies causes this constant rotation among IT managers. Just as corporations begin to develop digitally, or are forced to innovate during the Digital Transformation , CIOs must also seek this evolution. However, this journey can sometimes be uneven and, while companies are forced to innovate in order to grow, their IT manager remains stagnant, causing the CIO's relationship with the Corporation to become disconnected .
Furthermore, the current situation in the market for medium and large corporations is a constant challenge for CIOs. The functions that must be performed by those who occupy canadian business email list the top position in a company's IT sector are becoming increasingly difficult and complex, requiring professionals to have skills that go far beyond their technical knowledge and ease in dealing with technology. More than that, a CIO must acquire business acumen, strategic vision and leadership skills. In this context, below are 5 reasons why IT directors are fired or resign from their positions.
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1 – Challenges of fulfilling a dual role
2 – Breaking corporate expectations
3 – Resistance to change
4 – Contradictory strategic vision
5 – Stagnation
1 – Challenges of fulfilling a dual role
Traditionally, companies have divided a single department into one that is responsible for the digital strategies of the business and another that focuses solely on the business aspects of IT. In this context, there is a leader for each of these departments. However, in new business models, it is more common for organizations to assign a single CIO the entire function of IT management, both in the digital and business sectors.