The CIO As Portfolio Strategist

As organizations undergo the transformation from information technology (IT) to business technology (BT), they will have to make many important decisions in the process of moving from the current "as-is state" to the "to-be state." Complicating matters are two powerful and related trends: 1) rapidly emerging and disruptive technology paradigms such as cloud computing that are changing the economics of sourcing and empowered BT, and 2) tech-savvy business managers and staff provisioning their own technology solutions. A next-generation BT environment requires re-architecting and orchestrating the multiple technology portfolios including the service portfolio, applications portfolio, project portfolio, and asset portfolio. Successful transformation strategies will require a strong governance framework and a CIO capable of informing the decision-making in the role of portfolio strategist.