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The evolving role of Chief Innovation Officer: Balancing technology, leadership, and strategy
Natarajan Radhakrishnan, President and CIO, HGS
In the rapidly evolving landscape of the modern business world, the role of the Chief Innovation Officer (CIO) has transcended traditional boundaries. Historically, CIOs were often viewed as cost centers within organizations. Their primary role was to manage IT infrastructure efficiently and ensure that technology ran smoothly, all while operating within strict budget constraints. The success of a CIO was often measured by their ability to meet their cost budget, but this metric alone did not capture the full scope of their contributions.
However, times have changed, and the role of the CIO is evolving rapidly.