Are CIOs moving on?

CIO US editor Abbie Lundberg has written a very interesting piece suggesting that CIO turnover in North America is becoming more rapid, based mostly on anecdotal and non-empirical evidence, but culled from experts. So what’s going on here in the UK?

You might think that with such pessimistic notions about the short-term state of the economy going around that most CIOs would be sitting tight. However, a survey by Harvey Nash published earlier this year suggested that most UK CIOs plan to move within 24 months. And the word-of-mouth suggestions by CIOs on this side of the pond back this up.

I think there are several reasons for this willingness to embrace a gypsy existence. One is that the one-company career is largely a thing of the past. As companies have flexed workforces, merged or demerged to suit prevailing economic conditions, most of us realize that a life of hopping between employers, like frogs alighting at enticing lily-pads, might be preferable to sitting tight and hoping for a gold carriage clock and pension.

Second, the macro economy is in reality a complex puzzle of economic components, some of which remain bright in the dimmest conditions. Certain areas of technology, retail and energy are very robust right now, for example. If you’re working at VMware or Google where high double-digit growth remains the norm, your definition of depressed might be rather different to somebody working in real estate sales or construction.

Third, the CIOs I meet tend to be noncommittal about their futures because they’re very sharp people and top management will always be in demand in any economic situation. They usually have the loyalty of a Premiership footballer and parcel up their careers in two- to five-year packets, taking roles (perhaps outside of the CIO stream) that interest them and reward them appropriately. And why not?

Finally, it may be that the fear factor of changing company and changing career has gone. The flexible nature of mortgages, savings and so on, has made it more attractive for people to take career holidays, move to cheaper areas and generally recalibrate.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Empowering the hybrid workforce: how technology can build a better employee experience

Across the country, employees from organizations of all sizes expect flexibility...

What’s behind the best customer experience: How to make it real for your business

The best customer experience – the kind that builds businesses and...

Overcoming the obstacles to optimized operations

Network-driven optimization is a top priority for many Canadian business leaders...

Thriving amid Canada’s tech talent shortage

With today’s tight labour market, rising customer demands, fast-evolving cyber threats...

Staying protected and compliant in an evolving IT landscape

Canadian businesses have changed remarkably and quickly over the last few...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now