The ideal person for this role will have the requisite experience, skills, passion and leadership capabilities necessary to drive continued rapid and profitable growth for our Company. As a member of the Executive Leadership Team, the CTO will play a key role in establishing the technology vision and lead the Company’s technological innovation and development. The CTO will recommend and implement the technical strategy roadmap that will align with company business goals and objectives in support of continuing growth.
A CTO should have the business knowledge necessary to align technology-related decisions with the organization’s goals. As a CTO, you will support various departments within an organization, including the research and development team, sales teams, technical teams and so on. Therefore, you may have to wear multiple hats and know how to communicate with people from different backgrounds. The demand for top executives, including CTOs, is expected to grow 6 percent between 2018 and 2028, reports the U.S.
What Is a Chief Technology Officer?
There are digital product companies, where CTOs are responsible for product design and are focused on the customer. And there are non-tech companies, where a CTO manages engineering efforts in the organization and makes sure that the digital part of the product works. With tech companies now among the largest businesses in the world, CTOs are some of the most influential and innovative people, those that shape how we live and work. With the technology outlook for the future, these people will drive the striking change both within the company and beyond. Use the CTO job description template below to create your ideal candidate profile and provide the information that executive candidates care about most. It is the responsibility of the CTO that all people working in IT and tech at the company have what they need to successfully complete their work.
The role of a CTO is rapidly evolving due to the ever-changing landscape of technology. CTOs must be able to adapt and change their strategies quickly to keep up with the latest trends. They must also be able to work with a variety of different teams and stakeholders, as well as have a strong understanding of business. The CIO typically engages with the business and the process owners.
Before doing anything else, the CTO must work with the CEO and other executives to develop a technical strategy for the company. This involves goal-setting, discussing options and analyzing risks. Your technical strategy must align with your company’s overall business objectives.
The CIO, on the other hand, focuses on the internal customers and developing strategies for the company’s bottom line. Internal customers are typically employees, stakeholders, or shareholders, while the bottom line is the company’s net earnings or net profits. All in all, this career path can be highly rewarding, but it also involves a great deal of responsibility. Assess your skills, be realistic about what you can do and start out by applying for CTO jobs at smaller firms. Later, you may begin to seek new opportunities at larger organizations.
When to hire CTOs and whether you need one at all
These two people can be peers or report to one another, and often, one can do the job of both, regardless of the title. Still, the VP is responsible for recruiting for the tech team, reacting to issues in development, and establishing the KPIs and deadlines. As many other roles used in the startup era, CTO’s responsibilities sometimes overlap with other roles and duties.
CTOs play an important role in the C-suite along with other types of executives. This Modern Events Tech Ltd. video looks at a day in the life of a CTO. The speaker begins by talking about a company that plans to open two new office in eight weeks’ time. The CMO is themost senior of all the marketing professionals in a company. Register your interest to be notified of any roles that come along that meet your criteria.
Federal Trade Commission installs Stephanie Nguyen as chief technology officer – FedScoop
Federal Trade Commission installs Stephanie Nguyen as chief technology officer.
Posted: Wed, 05 Oct 2022 07:00:00 GMT [source]
As CIOs are responsible for choosing a technology for a company’s infrastructure, it’s reasonable that one day they can become a CTO. Besides that, the responsibilities and duties sometimes overlap, especially in smaller companies. Those CIOs wishing to become CTOs have to grasp a broader vision of technologies on the market, level up the team management skills, and understand how the end-user can interact with the product and technology. We are seeking a Chief Technology Officer to join our growing team. Reporting to the COO, this position will be a driving force for the strategy, development, and delivery of current and new software products through leading a team of managers, architects, developers, and testers. You must be a proven leader with a passion for building high-quality software solutions.
AngularJS Vs. Angular 2 Vs. Angular 4: Understanding the Differences
You also need to gain practical experience in a leadership role and focus on improving your skills. Aspiring CTOs can acquire hands-on experience by working in software development, information security management, big data engineering or network architecture. Aspiring CTOs can choose from a variety of educational programs offered by prestigious universities. Berkeley’s Chief Technology Officer program, responsibility of cto for example, is designed to help senior-level executives make the transition to a managerial role in a technology function. It appeals to chief information officers , general managers and entrepreneurs with at least 10 years of experience. The CTO shall also have all such other powers, and perform all such other duties, as may be assigned to him/her from time to time by the CEO and/or the Board.
We need someone with expertise and passion for building highly available IaaS or PaaS products for enterprise customers. Their CTO will help recruit new team members, expand their partnerships with Microsoft and IBM, and help win their most strategic customer opportunities. Top 5 chief data officer interview questions with detailed tips for both hiring managers and candidates. Creating timelines for the development and deployment of all technological services.
Development of New Products
They have faced the exact same challenges, made mistakes and learned lessons, which would prove invaluable to any business in the software development industry. The CTO is the highest technology executive position within a company and leads the technology and engineering department. In this role, they are responsible for hiring at least engineering management, if not the entire team. There is no one set path to becoming a chief technology officer . Some people may advance to this role after years of experience in the tech field, while they are doing exceptionally well. Designing and implementing processes that help ensure the business runs smoothly; Leading or participating in the development of new technologies or technology improvements.
CTOs are responsible for developing and refining the company’s information technology strategy so that it aligns with its short- and long-term objectives. These professionals are part of the executive-level management team. Their role has become increasingly important over the past few years due to the advent of new https://globalcloudteam.com/ technologies. We are looking for a Chief Technology Officer to provide sound technical leadership and to set strategy and make executive technology decisions on behalf of the organisation. You will communicate with employees, shareholders and customers to ensure our company’s technologies are used appropriately.
A Chief Technology Officer uses technology to add value to a company and help it achieve its goals. Ability to understanding business needs and come up with technology that would meet them. And able to create a roadmap for future technology investments. Y Scouts is an executive search firm that helps nonprofits and social enterprises find exceptional leaders. To be considered for exceptional leadership opportunities with our clients, please take the first step by joining the Y Scouts Leadership Community.
Product management tasks
The CTO represents the external face of a company, which requires them to have an open and engaged relationship with vendors, customers, investors and partners. These CTOs focus on delivering projects aligning with customer needs. Their responsibilities can include customer relations, understanding target markets and aiding in the delivery of IT projects to market.
- An online bachelor’s degree in business or IT is a great starting point.
- A common misconception is that a CTO is the company’s lead developer.
- This Chief Technology Officer job description template will help you save time, attract qualified candidates and hire the best employees.
- In some environments, the CTO might oversee infrastructure or act as a strategic planner or customer relations liaison.
- A solid background in business will support CTOs in facilitating better customer relations and product delivery.
- Reviewing products or systems to determine their potential value to the company.
- Those CIOs wishing to become CTOs have to grasp a broader vision of technologies on the market, level up the team management skills, and understand how the end-user can interact with the product and technology.
Current and former clients include The HOTH, Bisnode Sverige, Nutracelle, CLICK – The Coffee Lover’s Protein Drink, InstaCuppa, Marketgoo, GoHarvey, Internet Brands, and more. In her daily life, Ms. Picincu provides digital marketing consulting and copywriting services. Her goal is to help businesses understand and reach their target audience in new, creative ways. It is also important for CTOs to predict technology’s application for business.
We are looking for a creative technical leader who has working experience with preferably construction or mechanical industry in product and services for sustainable urban infrastructure planning and development. Providing technical leadership at the enterprise level and serve an integral role in operations and business development. There’s no doubt that CTOs must have superb communication skills to share the vision with the team.
Developing New Technologies
This is a unique and exciting opportunity for a senior IT professional to join an innovative and fast moving company. Unless they start their own company, developers will probably never become CTOs. The problem-solvers listed above tend to be less concerned with communication skills than they are with solutions, so they’re unlikely to be promoted to high-level positions.
CTO (Chief Technology Officer) Job Description
We work with forward-thinking FinTech firms, matching them with Chief Technology Officers who develop the technology vision and strategy necessary to improve a company’s products or services. A good Chief Technology Officer has excellent written and verbal communication, allowing them to communicate with other Executives or lower-level management in a clear and effective manner. They should have a background in IT and have experience working in a business development role.
We are seeking a results-oriented Chief Technology Officer to join the team at our corporate offices. The ideal candidate will understand the day-to-day operational demands of a company, working within the corporate environment to the benefit of the entire portfolio. As a member of the senior team, the Head of Technology is expected to be a strategic business partner and contributor, understanding key business drivers and building effective relationships throughout the organization.