Assume you are the CIO of a company of your choice ( you decide the company and

Question

Assume you are the CIO of a company of your choice (you decide the company and set the stage upfront).  

Assume your CEO has asked each of the C-level executives to give their high-level vision for the company moving forward in the next 10 years (in a few sentences).  He just wants to get an indication of where people are and how far apart they are on the big picture.  Your answer will depend on the company you choose.  For the CMO, CFO, and Chief Data Officer – give a sentence or two as to what each might say for their big vision for the company.    

After this vision meeting, you are scheduled to meet with the CMO to discuss some projects related to the company’s digital transformation plans. The CMO would like to implement some projects around virtual reality / augmented reality in order to keep pace with the competition and possibly move ahead in this domain.  How do you address this issue with the CMO?  

The CFO has called you for a meeting to discuss the proposal you are considering for a blockchain pilot project.  You think the company should start to experiment with the technology. How will you convince the CFO this is the direction to take?   

Later in the day you will also be meeting with the CISO.  The two of you will make a joint presentation at the next Board meeting to lay out a security vision for moving forward in this uncertain time of changing technology.  You will begin by addressing what you see as the major security risks for the company.  What are the three top risks you have agreed on to present at the meeting?

Explanation / Answer

Company - IT Solutions Providing Organisation

Vision of the C-Level Executives

CMO - To develop the culture of technology adapatability and ensure the brand of the organisation is highly rated in the marketplace.

CFO - Build profitable business by ensuring rigid leverage on non profitable business and buiding clean business strategies. Increasing cash flows from pockets where we can become profitable.

Chief Data Officer - Ensure security is completely taken care of, and implement ways which will help organsiation to access the most valuable data in the most secure process.

The CMO's idea of implementing projects in Virtual reality or augmented reality should be heard of first. It depends on how strong the idea is and how it will affect our position in the market when compared to the competition. In the industry where we work in, it is an everyday challenge to bring up new techniques and procedures where the latest technology is implemented. The idea of implementing the ideas using the technology is good, but it should be in line with the vision of the organsiation and also what results it might give us in the future.

Blockchain is one of the most popular virtual currency nowadays. Thus, the idea of implementing a pilot project towards Blockchain should be a good idea. It is very much possible that the CFO would not be convinced with the idea of Blockchain, because even though it has become very popular, but there are political imbalances towards crypto currencies like Blockchain. Thus, in order to convince the CFO, I would put forward the benefits of the project and what it would bring in for us. By implementing the Blockchain project, we can attract investors and also we can improve our cash flow.

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