Techfluential by Deloitte Expanding CIO Influence in the C-Suite
12 snips
Dec 10, 2024 John Marcante, former Vanguard CIO and Deloitte CIO-in-residence, blends tech and P&L leadership. Tim Buckley, former Vanguard CEO and ex-CIO, brings CEO perspective on tech-driven transformation. They discuss rotating talent to build blended leaders. They weigh practical Gen AI wins against long-term modernization. They explain why CIOs should sit at the senior table and how boards should engage on strategy, risk, and info security.
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Rotate Or Sponsor To Build Tech Fluency
- Rotate commercial talent into IT or have them sponsor large programs to build technology fluency.
- Tim recommended sponsorship or rotational assignments so business leaders learn program running and tech-state understanding by doing.
Strategic Origination Links Tech To New Business
- Tim defined "strategic origination" as the rare ability to imagine new business opportunities enabled by technology.
- He cited John seeing microservices enabling lower cost structures and scaled financial planning as examples.
Balance Spot On The Wall With Exit Ramps
- Balance a long-term vision with near-term use cases to avoid hype-cycle traps and fund future bets.
- John recommended setting a "spot on the wall" goal and designing exit ramps that deliver incremental benefits and learning.