CEOs, CIOs Rank Top IT Issues

A new study released by the IT Governance Institute (ITGI) revealed the top tech concerns for CEOs and CIOs around the world, and their main apprehensions might come as a surprise to many people who follow the industry. The findings, based on polling data obtained from nearly 700 interviews with CEO- or CIO-level executives based in 22 countries, showed that their top two technology concerns are operational incidents and worries about finding skilled IT personnel.

Difficulty in finding enough qualified technology pros to build an sound IT department is a relatively recent phenomenon, and one that has roots in the workforce trends at the beginning of this decade, said Michael Cangemi, past international president of ISACA and editor in chief of the ISACA publication IS Control Journal.

“Apparently, there’s a tremendous scarcity of people,” he said. “Salaries are going up as specialized skill sets are harder to find. It’s probably a turnaround since the decline after Y2K. People have found alternatives since the peak in 2000, and they’re finding the alternative positions might be more enjoyable from a lifestyle standpoint. It has nothing to do with their own performance. It’s a very challenging work environment.”

But these executives will be able to make up for the lack of skilled professionals in their home countries by outsourcing more jobs to India and China, right? Wrong. Many of these ventures have proved to be a wash over time, and nearly half of the U.S.-based respondents in the ITGI survey…



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