IBM launches the India CIO study 2006

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IBM India today announced the results of "India CIO Study," part of the Global CEO Study that the company announced in September 2006. The study, a result of personal interactions with over 44 leaders based in India, is aimed at bridging the chasm between business and IT besides enhancing the innovative agility amongst CIO's in India. The report highlighted an alarming number of CEO's in India, nearly 86% of the ones interviewed, rating 'business and technology integration' to be of great importance and only 52% of the above feeling their organizations to be integrated enough.

The key findings of the India CIO Study highlighted that: 

1.  Deep business model innovation is critical to creating new and differing value for an organization;
2.  Innovation can be ignited by business and technology integration - technology must be linked to business and marketing insights in order to effectively enable and drive innovation.

3. External collaboration is indispensable - successful collaboration among employee and internal organizations is just one consideration - partnering outside the organization results in higher revenue growth and innovation solutions

Emphasizing the need for CIO's in India to play an integral role in innovation initiatives, Nipun Mehrotra, Director, IBM Global Technology Services, India, commented "After years of cost-cutting and efficiency campaigns, business leaders in companies of every size and across the industry spectrum are refocused on top-line growth - and they're seeing innovation as the means to achieve it." He further added that "the role of the CIO should be focused on establishing the right infrastructure, culture and climate for business model innovation. CIO's should lead by example and make the IT organization a role model for the rest of the organization."

The study also stated the need for CIO's to become customer-centric and a credible business partner for CEO's by creating a flexible, responsive infrastructure that is better equipped to answer the needs of an innovative organization. It further stressed that CIO's should be proactive in creating deep partnerships and forming alliances that extend beyond traditional boundaries. They need to help create a culture and climate that encourage innovation and reward innovative thinking and the results achieved.

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