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CEO directives: Top 5 initiatives for IT leaders
Cybersecurity became a bigger issue this year for Josh Hamit, senior VP and CIO at Altra Federal Credit Union, due in part to Russia’s invasion of Ukraine, which touched off warnings about possible Russia-backed hackers stepping up cyberattacks on US targets. As a result, Hamit has brought extra attention to partnering with Altra’s CISO to perfect security fundamentals, cyber hygiene and best practices, and layered defenses.
More likely cyber scenarios have IT leaders increasingly concerned as well. For instance, three out of four global businesses expect an email-borne attack will have serious consequences for their organization in the coming year, according to CSO Online’s State of Email Security report. Hybrid work has led to more email (82% of companies report a higher volume of email in 2022) and that has incentivized threat actors to steal data through a proliferation of social engineering attacks, shifting their focus from targeting the enterprise network itself to capitalizing on the vulnerable behaviors of individual employees. This will require hardening email and collaboration tool defenses and response capabilities, but also securing the data they’re seeking.
Improving the customer experience
Customer and employee experience have become central tenets for successful digital transformation, and about a quarter of CEOs are continuing to invest in technologies and processes that improve the customer journey, according to the State of the CIO survey.
JP Saini’s top initiative at Sunbelt Rentals is “the obsession with our customers,” he says. For Saini, CIO and chief digital and technology officer, this means humanizing the business and technology aspects of each worker’s job and serving each persona — whether that’s the office workers, salespeople, equipment rental specialists in the stores, technicians, or even drivers, he says. Then he dissects each persona-based journey to understand what they go through in doing their daily jobs. That way “you’re designing a [technology or digital process] based on what they need,” to create greater efficiencies, he says.
Sunbelt Rentals
Leading business and digital transformations
Nearly a quarter of CEOs place business and digital transformations as a top-three priority for their CIOs.
CIO Max Chan’s digital mandate at electronic components distributor Avnet is driving improvement in the supply chain and design chain. As a distributor that sits between its supplier partners and downstream customers, “we have all the demand and supply signals that we can help navigate, and then we can apply that to solve these supply chain challenges that everyone is having,” he says.