As a chief information officer, you have to use various hard and soft skills to be able to assert yourself in this job. At a very basic level, CIOs need to know how to run a business because the job requires a lot of knowledge about it. CIOs should also be aware of technology trends as IT can change in two to three years. This type of person needs to build relationships with other executives within the organization and with peers in the field.
A CIO needs to know how each department of a company works to determine the technical needs of each business line, and this person needs to excel at communication. The ability to translate technical terms in a way that non-IT staff can easily understand is critical. A CIO oversees a range of data-related functions to ensure an organization is making the most of its most valuable assets. The typical work of a chief information officer includes areas such as data quality, data governance, data stewardship, information strategy, data science, and business analytics. The Chief Information Officer’s responsibilities include, but are not limited to: disseminating and communicating a product vision as a critical component of the growth strategy; creating strategic data access policies; lead the design of analytics infrastructure; development and implementation of a central data strategy to increase sales; overseeing data governance, data investments and partnerships; and strategy development with C-level colleagues and managing directors; and more.
Alongside these more formal business-related goals, my job also involves leading the company to successfully design, launch, and commercialize financial data products in relation to DeFi. I look forward to the new challenges!