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Is CIO or CTO higher?
“The CIO is usually more inward-facing when it comes to the business, while a CTO is more technology, architecture, engineering, and product-facing,” says Ash Athawale, senior managing director for the executive search practice group at Robert Half.
Does CIO report to CTO?
In some companies, the CIO acts as the CTO. Other companies have split IT management between the person that oversees supply and the person that manages demand. A CTO will deliver technology, and the CIO will apply it in the company’s processes.
How much money does a CIO make?
Mid-career CIOs (five to nine years of experience) earn an average total compensation of $129,987 (based on 251 salaries). Experienced CIOs (10-19 years) can take home $156,131 total a year, while the veteran CIO (20 years and more) sees average total pay of $176,836.
WHO reports into a CTO?
But often the CTO is the most senior role and reports directly to the CEO (Chief Executive Officer). Regardless of the company, the CTO role is usually where the technology vision and strategy critical to developing or enhancing a company’s products or services are developed.
WHO reports into the CIO?
“The top four reporting structures for a CIO are to the CEO, COO, CFO, and – at times – the CAO,” says Carol Lynn Thistle, managing director at CIO recruiting firm Heller Search Associates.
What is the difference between CIO and CTO?
A simple distinction is that the CIO typically looks inward, aiming to improve processes within the company, while the CTO looks outward, using technology to improve or innovate products that serve the customers.
What is the difference between a CIO and a CTO?
CIO vs. CTO: Their key differences CIO (Chief Information Officer) and CTO (Chief Technology Officer) are both executive-level roles in organizations. Some people confuse these job titles as they both manage technology in business. However, they operate in different organizational functions, with other daily responsibilities and goals.
What does it take to become a CTO?
Though a CTO is tech-focused, staying abreast of tech developments and relying on a background in computing or software engineering, a successful CTO must also embrace right-brain skills like creativity. Innovation might start with a simple question of “How can I use this technology differently from everyone else?”
What is the impact of a CIO on a business?
The explicit impact of a CIO can be determined with a variety of metrics, though improving the company’s bottom line is a must. The CIO can be seen as the ultimate cheerleader for all in-house technology and digital processes.
What are the skills of a CIO?
Management and communication skills are also essential: a CIO can oversee dozens of IT employees and a variety of IT teams, and the CIO must also be able to communicate needs and strategies with other executives and department managers. What is a CTO?