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Survey: Asian business leaders should embrace IT role more strategically

15.08.2012
Business leaders must embrace the true value of technology, according to CA Technologies' new global 'The Future Role of the CIO: Digital Literacy' report. The study reveals that 81 percent of the Asia Pacific CIOs interviewed believe a lack of digital literacy amongst senior executives could be hampering business growth.

Only 20 percent of Asian CIOs in the study felt that their management fully understand the capabilities and impact of new and emerging technologies.

A total of nine Asian markets were involved in the global survey, including Australia, China, Hong Kong, India, Korea, Malaysia, Singapore, Taiwan and Thailand.

"Asian business leaders today have largely accepted that IT has a role to play in enhancing the competitiveness of businesses. For IT to be truly transformational to businesses, leaders need to elevate the role of CIOs to be more strategic than operational," said Lionel Lim, president, Asia Pacific & Japan, CA Technologies.

The study showed that while business leaders may lack digital literacy, they largely do understand the role of technology in their organisations, where about 75 percent of Asian CIOs in the study felt their management team consider IT to be strategically important.

CIOs fear senior-level digital illiteracy is causing a lack of market responsiveness, missed business and investment opportunities, poor competitiveness and slower time to market. Further, almost one fifth (19 percent) of the CIOs interviewed believe the C-suite does not understand the impact of new and emerging technologies.