CIOs aren't CIOs for long
If you want a job with a guaranteed time frame, consider politics before IT management, surveys and folklore show
Computerworld - A U.S. president, especially after a re-election, will likely stay in the same job longer than most CIOs do, new survey data suggests.
A CIO who keeps his job for four to five years is at least on par with peers in the longevity department, if not outperforming them.
That is what the latest surveys say, but you don't need a survey for a view on the career trajectory of IT leadership.
In the mid-1990s, Frank Petersmark, who eventually would become the CIO of Amerisure Mutual Insurance, was told that the job of CIO works on a five-year cycle.
The first year as CIO is the honeymoon. The second year is about strategy and planning, and the third year is about implementing. In the fourth year they (the higher-ups) figure out that the execution isn't going that well, and in the fifth year, you start looking for your next job, Petersmark recalled.
He doesn't subscribe to the five-year limit, having held his job at Amerisure for 13 years until leaving at the end of last year. But Petersmark's CIO tenure has out distanced the most optimistic of surveys.
Janco Associates, a management consulting firm that conducts regular salary surveys, reports that the median job tenure for a CIO is now four years and one month. In 2008, Janco said it was four years and seven months. The group's salary survey is based on data from 270 companies in North America, South America and Europe.
Gartner pegs the average CIO tenure at less than five years.
Janco's CEO, Victor Janulaitis, blames the decline in tenure on the recession and corporate decisions to seek IT changes and new leadership. But he also says the retirement of baby boomers is contributing as well.
The Society for Information Management (SIM) said in a survey it presented late last year that the average tenure for a CIO or senior IT leader in the U.S. was five years and one month, compared with the 2009 average of four years and six months.
Jerry Luftman, a distinguished professor of information systems at Stevens Institute of Technology who also conducts the survey for SIM, says tenure is increasing because CIOs are doing better in establishing their roles as business managers.
The turnover rate has also been impacted by the recession, with boomers holding off on retirement until their finances recover.
Regardless of whether CIO tenure is lengthening or shortening, it is still pegged around the four-to-five-year mark and is in line with Petersmark's story.
Petersmark, who began his career as a midnight-shift computer operator, would learn that the job of CIO "is much less about technology and much more about contributing to the success of the business."
- Study: Total Economic Impact of Google Apps Employees can work faster and IT spending can decrease when companies switch to Google Apps, says a commissioned study by Forrester Consulting. Going...
- Protecting Digitalized Assets in Healthcare Healthcare providers face an urgent, internal battle every day: security and compliance versus productivity and service. For most healthcare organizations, the fight is...
- Is a SaaS Deployment Right for You? Find out the answer and as well as the other deployment options.
- Discover How Mail Express Solves 2 of Your Biggest IT Headaches Email. It can be the source of some of IT's biggest headaches. As it eats up storage and bandwidth, it also opens up...
- Increasing the Value of Your Reports and Dashboards Learn how incorporating other analytical capabilities such as predictive modeling and visualization can increase the value of your reports and dashboards by providing...
- Video surveillance for IT: maximum image quality, minimum bandwidth Join us on Thursday, May 8th at 1 p.m. EST when Willem Ryan, Senior Product Marketing Manager at Avigilon, will discuss how IT... All Management White Papers | Webcasts