The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. The CTO role has emerged as a key player in the enterprise C-suite, especially with digital transformation being such a high strategic priority for so many organizations.
“Technology vision coupled with strategic thinking beyond technology” is important [for CTOs], says Ozgur Aksakal, president of the Global CTO Forum, an independent, global organization for technology professionals.
“There are a lot of technology trends that do not live up to their promises,” Aksakal says. “Investing in wrong strategic choices can even kill a company. A CTO should not be blinded by engineering superiority, but see how that engineering will fit into the company goals and the market.”