Monday, July 31, 2006

IBM on the role of the Chief Innovation Officer

In March 2006, IBM launched a campaign to promote the role of the Chief Innovation Officer:
http://www-306.ibm.com/e-business/ondemand/us/pointofview/cio/mar06/featured_story.html

There are many paths to the role, but I think IBM's perspective makes a lot of sense: transform the Chief Information Officer into Chief Innovation Officer.
What's the most strategically important information in a corporation but information about markets, technologies, and competitors. That information is the lifeblood of innovation. So if Chief Information Officers are looking to be more strategic as IT matures as a management area, it also makes sense to take on the new title of Chief Innovation Officer.

What we need to do now is come up with a standard definition of the role. What are its responsibilities? How does it relate to the rest of the organization? What's its budget?

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