Let’s consider the letter “I” in CIO – “information”. It’s what rules everything we do. No decision is made, and very little purposeful action is taken, without information to guide us.
The caretaker of information in an organization is the CIO who develops and manages the plan for how information is accumulated, organized, stored, transacted, and analyzed. As information increasingly becomes the currency of the global economy, the role of the CIO is changing and becoming more strategic because of the CIO’s unique ability to understand and manage information.