CIO Survey Switzerland - February 2017
A new world - Innovation and the CIO
We surveyed 53 Swiss CIOs and IT leaders on the topic of technology innovation over two weeks in October 2016. Respondents came from across a range of industries and from both large multinational and smaller domestic organisations.
Overview of our survey results
Contemporary CIOs need to deliver successful technology innovation
The pace of business innovation has quickened. IT is under increased pressure to support and deliver innovation. At the same time cost pressures, skills shortages and risk aversion remain. We asked how Swiss CIOs are addressing the challenge of technology innovation.
- Innovation is putting pressure on the IT departments of Swiss companies: Almost two-thirds of Swiss IT leaders interviewed in the Deloitte CIO Survey perceive a growing threat from innovative competitors. A large majority of CIOs recognise that a cautious approach to technology innovation is no longer appropriate.
- Companies are increasingly looking to IT to strategically and proactively drive technology-driven innovation. More than 80% of surveyed CIOs are planning a more systematic and formalised innovation framework.
- Yet CIOs still face various deep-rooted barriers within their organizations to develop the full innovation potential, the largest being a lack of time, low tolerance for failure and a lack of talent.
Jump starting the innovation capability of an IT function – A case study
Deloitte supported an IT leader at a Swiss global financial institution to jump start the IT organization’s ability to deliver technology innovation to the business.
Navigating legacy: Charting the course to business value