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information technology

Many executives expect IT will play a growing role in driving business results, according to a new survey. For that to happen, CIOs must broaden their profiles and prove IT’s effectiveness in areas such as digital and innovation.

IT is poised to play a new, more strategic role in companies, one that moves beyond support to create business value through technology-based business innovation and digital initiatives. But according to the newest McKinsey Global Survey on business technology,1 1. The online survey was in the field from October 11 to October 21, 2016, and garnered responses from 709 participants. Of these, 395 have a technology focus, and the remaining 314 are C-level executives representing other functions. The participants represent the full range of regions, industries, company sizes, and tenures. To adjust for differences in response rates, the data are weighted by the contribution of each respondent’s nation to global GDP.