автор: Pulau777 17.03.2023 0 Комментарии

It is a common anti-pattern to have the CTO report to the CFO (Chief Financial Officer) or CMO (Chief Marketing Officer). The reason being that technology is more than just costs or marketing, it is a holistic role that enables and boosts business performance. It relies on a deep understanding of technology and technology trends, combined with insight into how competitors are leveraging these technologies to innovate. In chief technology officer roles and responsibilities 2019, Gartner developed several CTO personas based on analysis from a large CTO study, as well as CTO profiles and job descriptions. They found that it is important to know which CTO an organisation needs and where any gaps can be filled by other technology roles. Architecture is a core part of the CTO’s remit, and this, combined with policies and principles, form the foundation for the company’s technology governance.

But to become a CTO of a large or mid-sized company, you must have years of experience. That means, anything about technology including strategy, planning, implementation, personnel, and implementation fall under the CTO responsibilities. A CTO is a technical person who is responsible for all decision making, planning, and adoption of technology in a company. In large corporations, VP, Engineering and Director, Technology may report to a CTO. «Access to new customers via technology is so important, so a strong technologist is going to be absolutely critical to the business,» she says. «You might stay as the CTO but you should expect to have a seat on the executive team if you’re successful.»

What does a CTO do?

They need to understand broad technology trends and be able to align innovation with business goals. After completing their education, many aspiring chief technology officers begin their careers as IT specialists, software developers and other entry-level IT professionals. Those who excel in these positions can earn promotions to managerial roles and establish themselves as attractive candidates for CTO positions. A CTO is the highest tech executive at a company, so ambitious professionals may set their sights on becoming CEO or transition to a different leadership role.

Traditionally, these roles were established to have different responsibilities, but in many companies, the borders blur. Sometimes, organizations can afford just one specialist who will do the job of CTO and VP, so they simply call this person a CTO. Either way, here’s an alignment of tasks to give you a clear distinction.

What makes a great Chief Technology Officer?

Depending on the size of the company, they may have one or both of these positions. CTOs, on the other hand, preside over the overarching technology infrastructure. This includes developing marketable technology, suggesting new technologies to implement, interacting with external buyers and budgeting.

• You lack tech knowledge for your startup and need a technical co-founder.
• A CTO is responsible for R&D, building new applications, launching new products, and working with IT to get the products ready for testing and deployments.
• Almost every CTO will need to manage a large portfolio of projects and balance a range of stakeholders.
• Being a CTO at a time when technology has never been more important to business sounds, on the face of it, like a good career strategy.
• Yet, given that a lot of the business’s competitive advantage rests on whoever is hired, they should know what to expect from CTO’s.

Sustainability is another top priority for CEOs that will drive corporate change. Embracing these efforts is not only the right thing to do as a corporate citizen but also, thanks to technological https://www.globalcloudteam.com/ innovation, a smart way to improve efficiency and productivity within our organizations. The face and personality of the CTO represent the technological accomplishments of a corporation.

CTO salary expectations

They find cutting-edge technological solutions and offer innovative ideas to the business. Recruiters must be well aware of the roles and responsibilities of the CTO to hire the ideal specialist. The CTOs of yesteryear tended to be geeks (in the most complimentary sense of the word). The prototypical CTO had a technology engineering background and battle-hardened experience in the trenches of various IT implementations.

The difference between the CIO and the CTO depends very much on the type of business you’re talking about. «The new organization earned recognition by business stakeholders for improving day-to-day operational performance, but also for producing more strategic capabilities faster, such as new mobility products,» Priest said. «So, CIOs have to approach their jobs as business and technology strategists, not just operational leaders,» Priest said. «Today, CIOs are expected to be very technology savvy given the heavy focus on digital transformation,» he said. The key difference is that CIOs tend to have a more inward focus and look for ways to trim the costs of IT infrastructure while ensuring compliance and boosting productivity.

How to become a CTO

CIOs generally look inward, developing and using technology to improve the company’s procedures and operations. In smaller and more early-stage companies the, CTO has a more hands-on technical and engineering role. Many startup CTOs are the ones coding and working with the product owner to get the first product quickly to market.

In addition to selecting the infrastructure and languages for product development, the CTO is supposed to decide on testing options, IDEs, database solutions, etc. A CTO has to track the product success, monitor product management metrics, and correct the tech strategy if needed. In larger organizations and enterprises, a VP of Engineering will be the team manager, but in many cases, a CTO is planning what tasks the engineering and design teams will end up doing. Technical experience is the most important requirement to become a CTO. A startup founder CTO may just be a recent college graduate and may not have years of experience.

What is the average salary for a CTO?

Upon graduation, professionals may work between 10 to 15 years in IT-related roles, with five years spent in a manager position. Relevant entry-level positions include technical support specialist, software developer and QA analyst. Top performers can work their way up and gain leadership experience through roles like engineering manager and information security manager. A chief technology officer (CTO) is responsible for overseeing the planning and development of technology for a company’s customers, vendors, and internal employees. The goal is to improve productivity and business output and reduce the cost and time. A chief technology officer is a key C-suite executive responsible for spearheading the tech initiatives of a company.

Digitization is the foundation from which these strategies, and many others, are built. A year like this one gives us an opportunity to find new ways of using technology to transform our organizations and to produce better results. That’s what Into the Gloss did when they hired Bryan Mahoney in 2014. Just a few months later they launched Glossier, which turned into an eCommerce skincare giant. When the R&D team introduces a new feature or a system element that affects the source code or how other elements interact, a CTO assesses all consequences and makes the final decision.

Where do CTOs come from? Career background

They are often very technical and may hold the head of architecture position to guide the architecture of the IT innovations. They will need to take charge and lead research and development, innovation labs, and their team of product engineers. This role type is commonly found in organisations where technology underpins the business model and where technology must be highly responsive to the business. Because a CTO needs to work with the CEO on strategy, and also advise other members of the C-Suite they should have broad business expertise, especially if they want to be credible at all levels of the company. A key part of this area is working with software vendors and partners to ensure that service levels are maintained and any new features are delivered safely. A modern CTO needs to be well versed in UI/UX design, user research, agile, DevOps, and cloud-based software development methods.