A Fractional CIO can help determine the current state of the team and technology, identify gaps, and develop a roadmap to meet future goals. Situations such as acquisitions and mergers, mitigating risks, leveraging technology for growth, stabilizing IT environments, or other business transformations, all require experience that may be outside the organization or industry.
Often the need for a fractional CIO falls into one of the following three situations:
Even when an organization has a dedicated IT team, they may have limited experience to develop a strategy and set the IT agenda. When your company is facing growth opportunities with limited system capabilities or capacity, a fractional CIO will help you identify those gaps and develop a remedy plan.
According to the Global Knowledge 2020 IT Skills and Salary Report, “The number one impact of skills gaps is increased employee stress. Other costs include lower quality work, decreased ability to meet business objectives, increased project duration and a decline in innovation.”