What the CEO needs to know about IT, Business Intelligence.
Does the average CEO really know about IT, not according to Gartner
The average CEO is 51, so he or she is a child of the technology era. That means they were kids watching the moon landing, colour TV, VCR’s, Atari’s, variable heat hair dryers. The modern CEO is constantly looking to fine tune the organisation, seeks new markets, find efficiencies. Technology which they grew up surrounded by is a major part in achieving each of those objectives.
SAP is just a 3 letter word that cost's too much
Gartner states that the CEO need to know about IT – not necessarily in detail. But their latest research indicates there remains an insufficient understanding of IT amongst CEO’s. One even said SAP was just a 3 letter word to him, a computer system his Head of Finance used. Maybe he was joking, perhaps he will have to explain looking like an idiot to his Chairman.
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Can't see Toyota missing that
The CEO who downplays IT demotivates the rest of the management team from properly embracing technology. You can’t imagine Boeing or Toyota ignoring IT developments and the benefits to be had. A CEO and Head of Finance needs to know the elements and the key ratios that drive their business in Sales, Supply Chain, Finance, HR and even IT. It’s obvious really. Download TABLEAU FREE TRIAL
CEO - Business Intelligence
No it's not the old joke "military intelligence" or "Civil Service" but Gartner uses the example of
Business Intelligence. Simply clean dashboards which daily or weekly show in appealing reports the key business drivers. Stock Turnover, Margin analysis, HR Reviews, Financial metrics, cash flows, keys trends. It’s so important to have this simple capability it's why we allow people download our BI suite of products. Now that sounds like something a CEO should know about!