| | Peter, I love a good metaphor, and CIOs do too. When much of your day consists of explaining technology costs to people who don't always want to hear about it, metaphors can come in handy. Bruce Lee, Group CIO of NYSE Euronext, gave me a great new metaphor when he talked about "infrastructure as an iceberg." The tip of the iceberg, he explained, contains the promise of high-value customer facing technologies. But lurking below sea level is a costly, bloated, loosely integrated infrastructure. Your executive peers can see the tip of the iceberg, but only you, the CIO, see the rest of it. You know that without appropriate infrastructure investments, the heavy bottom threatens to drag the tip of the iceberg down until it is completely submerged. The onus is on you to create an investment strategy to reduce that bulk, but how do you do it? Please read my interview with Bruce Lee for his approach. Martha _________________________________________________________________________ | | 1. Time to Deal with the Legacy Below the Surface | In my latest Movers & Shakers blog on CIO.com, Bruce Lee, Group CIO of NYSE Euronext, talks about "infrastructure as an iceberg," and offers some guidelines for reducing the bloat. Read this article on CIO.com | | 2. Data Scientists: Who Are These People? | Last week, as I was prepping for a talk I was giving on the data scientist role, I discovered a great Harvard Business Review article by Tom Davenport and D.J. Patil. Interested in understanding this brand new skill set? Take a minute to read "Data Scientist: The Sexiest Job of the 21st Century." Read this article on HBR.org (may require registration) |
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| | 3. The Four Faces of the CIO To be sure, the role of CIO is multifaceted and complex, requiring diverse capabilities to address the strategic and operational needs of the organization. Deloitte recently researched these capabilities in detail and concluded that the CIO's role requires an effective balance across four "faces"—strategist, catalyst, technologist, and operator. Read this article on WSJ.com | | 4. Featured Executive Placement: CIO for Ferrara Candy Company Heller Search Associates was recently retained to recruit a CIO for Ferrara Candy Company. Headquartered in Chicago and with a heritage of more than 100 years, Ferrara is the third largest confectionary manufacturer in North America by volume, with sales of nearly $1 billion. Though you may not know the Ferrara name, chances are they make some of your favorite candy which includes ATOMIC FIREBALLS®, BOSTON BAKED BEANS, JAWBUSTERS®, LEMONHEAD®, RED HOTS®, BRACH'S®, CHUCKLES®, FRUIT STRIPE® Gum, JUJYFRUITS®, and NOW AND LATER®, to name a few. Heller Search placed Kristina Paschall as Ferrara's new CIO. Most recently, Kristina was IT Director, Corporate Systems and Strategy at Ingredion. Congratulations, Kristina! | | | _________________________________________________________________________ Thanks for reading! Martha Heller President, Heller Search Associates martha@hellersearch.com | | | | |
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