Cover image for Cloud Wars Live, titled What CIOs should say to boards of directors
Cover image for Cloud Wars Live, titled What CIOs should say to boards of directors

What CIOs Should Say to Boards of Directors | Sadin on Digital

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Sadin on Digital” episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin and I focus in particular on what CEOs and boards must do to lead their companies successfully into the Digital Age. Today, Wayne shares his thoughts on the all-important relationships between CEOs, CIOs and boards of directors at large firms, particularly in the era of rapid change and tech innovation that we’re in today. Plus, a reminder about Qualified Technology Experts (QTE).

Episode 30

The Big Themes:

  • IBM support is a differentiator: Upstart cloud vendors are in an IaaS arms race. Legacy enterprise IT clients have been with IBM clients for 50+ years.
  • Board of duty of care: The board’s overarching mandate is to protect shareholders over the long term. Boards have two main fiduciary duties: Loyalty and care.
  • Cybersecurity and obsolescence risk: What is the age of IT components vs. current – years matter less than generations.
  • The right CIO: The CEO gets the CIO they settle for. And CEOs should lobby for QTE—qualified technology expert—on the board.

The Big Quote:

  • “We can’t get people. We can’t get stuff. We can’t get network capabilities added because everybody’s out of everything.”
  • “We are now 20 months into a pandemic where we sent the office workers home. Microsoft just the other day said, ‘We’re not coming back for a while.’ “
  • “So you can be a higher margin, higher stickiness, higher customer satisfaction in a company and survive for the long run.”
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