For small firms, to have a full time CIO is a waste of valuable resources. Please note that the CIO who is time-shared should work and be treated as a trusted employee of the firm. And the time sharing should be ethical and ensure that there are no conflicts. The CIO should play the role of an executive working with other C-level executives to develop and manage technology that is “synchronous” (aligned is over-used) with the business. It is critical that the CIO provide an appropriate governance framework that is not onerous. In most small companies, the CIO may also have to play the role of the CTO for these firms and develop/manage the IT projects (using the portfolio approach) that is efficient, secure and provides true value to the enterprise.
Time Sharing a CIO