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/ Home / Editorial / Wealth Management / Business & Entrepreneurship /
Technology
A New Star at C Level
Mark Polansky
05/03/2004


Most large corporations in almost every industry now realize the importance of having technology labs where information systems staff evaluate new technologies, they report to the CIO, who has the job of determining how each new innovation might change daily operations or the customer experience. At consumer products companies right now, CIOs are addressing the challenge of adopting radio frequency identification, which involves inserting a tiny tracking chip in cases of inventory. Wal-Mart is leading a mandate that suppliers incorporate this technology to automate their inventory management in much the same way that EZ Pass has automated toll collection.

Such intelligence will require significantly larger systems for collecting, managing and analyzing data. Powerful analytic tools will sift through mountains of data to spot emerging trends and patterns. Over the next few years, the CIO will evolve rapidly from a supplier of information to a provider of the kind of insight that drives business value. 

Mark Polansky is the information technology practice leader for North America at Korn/ Ferry International.

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