A Chief Information Officer (CIO) is a high ranking executive responsible for handling a company's information technology and computer systems (Hunter, 2010). A chief information officer's primary duty is to assess all the latest processes, provide recommendations for software upgrades, and offer directory services to the administrative team on the best data analytical processes. A chief information officer is also known as the information technology (IT) director. Over the years, the CIO's roles have increased in popularity and importance as the world continues to experience more technological advancements. CIO's sole responsibility is to assess and analyze the different technologies that significantly benefit a company's business operations.
Furthermore, a contemporary CIO's work is to determine the future of computer technology patterns that gives a company's businesses the upper hand of performing better than others. The CIO also has the responsibility of building a company website which enables the business to expand its customer reach. Also, it ensures a well-integrated inventory software that can effectively help manage the use of a company's inventory. Over the years, the average number of CIOs have tremendously increased due to the worldwide expanded use of information technology in business (Hunter, 2010). For an individual to become a CIO, there are several qualifications that the person is required or meet.
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Educationally, one must hold a bachelor's degree in any related field such as computer informatics, computer science, IT management, or database management (Sellitto, 2012). An applicant must also possess a master's degree in business management in conjunction with a computer-related degree. The educational requirements empower a CIO to effectively run strategic planning, development, budgeting, and hiring. The CIO must also possess hard and soft skills and knowledge of how the business operates right from top to bottom.
Lastly, the CIO's job averagely pays well. The average salary of a CIO does range from 150,000 dollars to 250,000 dollars annually. For instance, in 2014, the highest-paid CIO executive earned an average of close to 200,000 dollars annually (Hunter, 2010). Moreover, the amount of salaries also depends on the size of the company and the job title. Big companies tend to pay well than smaller companies.
References
Hunter, G. (2010). The chief information officer: A review of the role. Journal of Information, Information Technology, and Organizations , 5 (1), 125-143.
Sellitto, C. (2012). The activities of chief information officer, as noted through job descriptions. Communications of the IBIMA , 2012 , 1.