CIO mission Definitions

  • I

    infonomics

    Infonomics is a social science that involves studying the production and consumption of information and the transfer of money to produce, sell or obtain it. Simply put, infonomics is the economics of information.

  • innovation culture

    Innovation culture is an environment that organizations cultivate in order to nurture new, creative thinking and its application.

  • innovation manager

    An innovation manager fosters the development of new products, services and processes. Innovation managers are skilled in unleashing individual and collective creativity and in implementing structures that help shepherd an innovation from idea stage to fruition.

  • innovation process management (IPM)

    Innovation process management (IPM) a systematic approach to nurturing the creative capabilities of employees and creating a workplace environment that encourages new ideas for workflows, methodologies, services or products.

  • interim CIO (interim chief information officer)

    An interim CIO is an experienced chief information officer employed by a company on a temporary basis to lead or transform its IT organization.

  • intrapreneur (intrapreneurship)

    Intrapreneurs are employees who use entrepreneurial skills and critical thinking to seek out initiatives that could benefit the organization financially.

  • IT blueprint

    An IT blueprint, like an architectural blueprint, is a planning tool or document an information technology organization establishes in order to guide its priorities, projects, budgets, staffing and other IT strategy-related initiatives.

  • IT budget (information technology budget)

    IT budget encompasses the money spent on information technology systems and services. The IT budget, typically overseen by the CIO, includes compensation for IT professionals and expenses for building and maintaining enterprise-wide systems.

  • IT business transformation

    IT business transformation is a thorough or dramatic change in the business processes and technologies a company employs to reach important business goals.

  • IT centralization (information technology centralization)

    IT centralization (information technology centralization) is the act of concentrating an organization's technology resources under a single entity.

  • IT cost structure

    IT cost structure is the relationship of different types of costs within a larger IT budget.

  • IT director (information technology director)

    An IT director (information technology director) is an employee in charge of technology within an organization. IT director is sometimes used interchangeably with CIO but, in the majority of large enterprise organizations, they are two separate positions. The CIO focuses more on technology strategy while the IT director works directly with the technology tools.

  • IT innovation

    IT (information technology) innovation in an enterprise is about using technology in new ways, where the result is a more efficient organization and an improved alignment between technology initiatives and business goals.

  • IT leadership (information technology leadership)

    IT leadership (information technology leadership) refers to the senior management in an organization responsible for driving business strategy via IT infrastructure and applications.

  • IT management

    IT management is the process of overseeing all matters related to information technology operations and resources within an IT organization.

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