Fractional or Virtual CIO

CIO to GO - "The Rise of the Fractional CIO"

12-13-2019   by Tom Fraccascia

Getting the most out of a Fractional or Virtual CIO engagement is not complicated. There are a number of simple but critical and costly items that are often overlooked. I’ll show you how you can ensure the success of your Retained, Project or Transitional CIO program.

Commit in these 6 "key" areas to protect and grow your technical ROI.

ESTABLISH BUSINESS GOALS and OBJECTIVES 
You are in business for a reason. What is that reason? What are the real BUSINESS GOALS and OBJECTIVES that support that “reason”? This is where it all begins. With sound business driven goals, a Fractional CIO can immediately begin to establish tactical and strategic elements of a technical roadmap. This is the Roadmap that supports the “reason” you are in business.

BUILD A ROADMAP 
Establishing a ROADMAP is where the experience of a Fractional CIO stands out. Exposure to many technical products, processes, architectures and knowledge of new requirements and functionality, allow them to efficiently and effectively plan and sequence short, medium and long term goals into manageable portions. These portions should support resource and budgetary interests along the way.

CREATE A CADENCE 
We are all creatures of habit. The success of any effort requires constant attention to detail. In other words, we must track progress and remain flexible to address changes or challenges. A weekly meeting to address the current status and issue resolution, is critical to staying on track.

TRACK YOUR PROGRESS 
In a more strategic light, PROGRESS is the fourth “key” to success. Based on your needs, it is important to have a monthly or quarterly review. In this, you will refer back to the roadmap to gage project completion, goal achievement and to manage overall time and budget parameters. It is highly desirable that all sides of Leadership are represented in this meeting.

BE ENGAGED 
As a business owner or leader, it is critical that YOUR ENGAGEMENT and support are well known. The collaboration amongst your teams nurtures a healthy culture of fresh new thought. When done right everyone wins which leads me to the final “key” to a successful CIO program. 

CELEBRATE EVERYTHING! 
CELEBRATE! The cultural value of an employee or team spotlight with honest gratitude is priceless. It supports the internal health of your organization and promotes your brand to the public. Not to mention, that people want to do business with enthusiastic people. So get out there and show it!

"With sound business driven goals, a Fractional CIO can immediately begin to establish tactical and strategic elements."

"85% of all incidents and outages are a result of limited planning and unmanaged change in the IT environment. This statistic shows the importance of having a holistic view of the business & systems, planning and preparing for change, having proper Change Management in place, and having the right IT team / Partner to monitor, respond and minimize any incidents or outages."

- Bill Marshall — President / Moonshot Innovations

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