The Evolving Role of the CTO
The Evolving Role of the CTO
Introduction
This case study will identify and address the evolving role of the Chief Technology Officer (CTO) over the past several years. This research paper will be organized under the following headings: main ideas/points stated clearly and logically, main ideas/points supported by examples, implications for management, suitable recommendations to issues identified and a conclusion.
The term terms of this research paper which should be defined to clarify the research are technology and Chief Technological Officer CTO: According to the Free Online Dictionary technology is “the application of scientific knowledge for practical purposes, especially in industry.” According to Investopedia.com a CTO is “An executive who is responsible for the management of an organization 's research and development (R&D) and technological needs. It further stated that a chief technology officer (CTO) examines the short- and long-term needs of an organization, and utilizes capital to make investments designed to help the organization reach its objectives. “
The role of the Chief Technology Officer (CTO) came about because of new organisational demands on technology leaders in the 1980s. The major role of technology in strategic business decisions has fashioned the need for business executives who understand technology and recognize its profitable applications to products, services, and processes. Organizations have addressed this necessity through the selection of a Chief Technology Officer (CTO).
Main Ideas
The main ideas as identified by the researchers with regards to the evolving role of the CTO over the past several years are:
• R.Smith in a paper entitled “ The Role of the CTO Officer In Strategic Innovation, Project Evolution and Mentoring” In the 1950s and 1960s the role of then experts now called CTOs was centered around recruiting the best scientists equipped with the intelligence to execute high quality
Introduction
This case study will identify and address the evolving role of the Chief Technology Officer (CTO) over the past several years. This research paper will be organized under the following headings: main ideas/points stated clearly and logically, main ideas/points supported by examples, implications for management, suitable recommendations to issues identified and a conclusion.
The term terms of this research paper which should be defined to clarify the research are technology and Chief Technological Officer CTO: According to the Free Online Dictionary technology is “the application of scientific knowledge for practical purposes, especially in industry.” According to Investopedia.com a CTO is “An executive who is responsible for the management of an organization 's research and development (R&D) and technological needs. It further stated that a chief technology officer (CTO) examines the short- and long-term needs of an organization, and utilizes capital to make investments designed to help the organization reach its objectives. “
The role of the Chief Technology Officer (CTO) came about because of new organisational demands on technology leaders in the 1980s. The major role of technology in strategic business decisions has fashioned the need for business executives who understand technology and recognize its profitable applications to products, services, and processes. Organizations have addressed this necessity through the selection of a Chief Technology Officer (CTO).
Main Ideas
The main ideas as identified by the researchers with regards to the evolving role of the CTO over the past several years are:
• R.Smith in a paper entitled “ The Role of the CTO Officer In Strategic Innovation, Project Evolution and Mentoring” In the 1950s and 1960s the role of then experts now called CTOs was centered around recruiting the best scientists equipped with the intelligence to execute high quality
Bibliography: Berray,. T & Sampath., R. (2002). The Role of the CTO: Four Models for Success Bohlin, H., Herman J Vantrappen Wechsle E : The Chief Technology Officer as an Agent of Change. Retrieved from http://www.adlittle.com/uploads/tx_extprism/1994_q4_33-37.pdf Dessoff., D. (2011). Special Technology Report: The Changing Role of the Retrieved 20.01.2014,Retrieved from http://www.districtadministration.com/article/special-technology-report-changing-role-cto Smith., Roger.(2002) The Role of the Chief Technology officer in Strategic Innovation, Project Execution, and Mentoring.