An audit finding raised the compliance flag which
necessitated the CIO to take action; he acknowledged the limitation and was thus
tasked to find a solution to be deployed before the next audit. The technical
team was summoned and the task assigned between 2 of his deputies who
controlled the applications and the infrastructure respectively. With healthy
contempt for each other, they thrived in challenging each other, at times with
detrimental effect to deliverables. Their professional strengths secured them
in their positions.
The problem was not unsolved in the industry and there were
standard offerings that collectively created the solution required. To the CIO
thus the issue at hand appeared to be an easily resolvable one, the criticality
defined by the compliance requirements within the stipulated time. The team
went through the motions and presented the solution and budget to the CIO who
was struck by a red herring; was it a decoy or reality ? It appeared to be a
new player in the market, the solution quite elegant and better than the sum of
parts that made other solutions.
So he probed further inviting the vendor to present their
value proposition; his team willingly obliged sensing an opportunity to
differentiate from the normal. Multiple meetings and presentations later the CIO requested a Proof of Concept which was diligently completed by the team and
results submitted. In a normal scenario, vendors would push for closure post a
successful PoC; the vendor did the same and was then updated on the decision
making cycle; the CIO then proceeded to present the solution to the Board for
approval.
Boards typically want a solution to a business problem or an
opportunity; they are largely agnostic to the technology solution. True to form
the board left the technology decision on the CIO’s best judgement citing that
they were interested in compliance using the best possible technology at the
lowest possible cost. Unwilling to take a risk with no clear technology
mandate, the CIO did what he was good at; no decision while keeping the vendor
at bay with meaningful and irrational questions and finally an unreasonable
price.
The CIO sought to validate the solution with the Technology
Advisory Committee who deferred the decision back to the CIO; referring to the
Regulator, he asked for a guideline on the solution which was not forthcoming.
The Regulator declined to specify the technology while impressing upon the
Company to expedite the solution deployment within the timeline. The passing
time had the CIO under pressure while his team stood divided on between the
conventional and the innovative solutions giving no solace to the cornered CIO.
The vendor attempted to provide necessary documentation that
was duly submitted to the Committee and the Regulator, both maintaining status
quo. The vendor demonstration immense patience stayed engaged with the team
through the imbroglio and parallel commercial negotiations as the deal appeared
close but open through the elapsed time of over 6 months. The impatient CEO was
counseled to provide a direction which he finally did in the interest of
progress sensing that the CIO will continue to dither on the decision.
Technology teams under the CIO are expected to be the
evaluators, evangelists, proponents and finally the educators of possible
technology solutions to the business. Heightened awareness of possibilities
from technology with business users does make them influencers and at times
critics of technology, the decision finally rests with the technology teams and
accountability with the CIO. The unwillingness or inability to take a decision
does not reflect positively on the leadership of the CIO and adversely impacts
the team’s credibility.
Observations from the industry do indicate a set of CIOs who
are extremely risk averse and they rarely take decisions on new technologies
satisfied with being followers. They are good operational managers and struggle
in their ability to partner with the business to impact business performance
indicators. In the changing business environment with technology agility a
necessity and essential to stay meaningful with disruptive business models
threatening the core and existence, it is imperative for CIOs to embrace the
new and leave business as usual to their teams or outsourced partners.
A good decision now is worth a lot more than the best
decision after delayed analysis paralysis !
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