Strengthening the COO-CIO Relationship
The CIO may historically have had no stronger ally in the C-suite than the COO. The focus of both roles has typically been on improving operational efficiency and reducing costs. A large percentage of IT projects supported these twin objectives and may have ultimately been under the oversight of the COO. It is interesting that many COOs express that they face an issue of visibility. When everything is running smoothly, they rarely receive the credit they truly deserve. Yet when things go wrong, they can appear to be in the crosshairs. That is very much akin to an issue the CIO faces in keeping the lights on.
Today’s COO faces increasing demand and complexity. Perhaps more than ever before, companies are realizing that although cost minimization and efficiency are very important, they must be careful not to adversely impact functions that customers value or that are needed to achieve strategic goals. As such, the COO is being called upon to strike the balance between efficiency and flexibility. Change has become more of a constant, and the COO is assuming a major role in the business transformation necessary to achieve the strategic agenda. Again, isn’t it easy to see the commonality with what the CIO is being asked to do?
CIOs have seen so much synergy in the roles that they envision the COO position as their next step up the corporate ladder (Forbes’ Beyond CIO series). But even with all this in common, COOs view their relationship with the CIO as one of their least successful among other executives. In fact, just 32% of COOs consider their relationship with the CIO to be very strong (The DNA of the COO by Ernst & Young).
There is much to be gained by improving the relationship between COO and CIO. The COO would gain an ally who could ideate more technological opportunities to achieve the COO’s agenda. The CIO would benefit from a partner who typically has a stronger relationship with the rest of the C-suite.
Here are some practical actions the CIO can take to improve their relationship with the COO:
- Let’s do lunch. Get to know them on a personal level. Learn what truly drives them. Understand their goals and ambitions. Find out about their family, their hobbies, and their interests. Spending time together – inside and outside the office – strengthens relationships.
- Cheer the COO on. Celebrate their successes – even the small ones. Become their advocate to others in the C-suite. Regularly remind your fellow executives how smoothly things are running. Ensure they see the improvements the COO is making. Ask specifically what you can do to help the COO become more successful, commit to what you can do, and then do it!
- Ask for their help. COOs often prides themselves on their ability to build strong relationships with other executives. Compliment their abilities in this regard and ask how you can improve. Gain their assistance in better understanding the business and how to communicate in the language of the C-suite.
- Keep the lights on without flickering. Both the COO and the CIO are tasked with keeping things going while also improving operational efficiency and driving the strategic agenda. Any hiccup in the day-to-day operation distracts from moving forward. Ensure things are running smoothly and that your staff is proactive in recognizing and preventing potential problems. At the same time, look for areas where you can improve cost efficiencies to free dollars for continued strategic investment.
- Focus on data. COOs are becoming even more data-driven with their decisions and view analytics and predictive models as valuable tools. In fact, over half the other C-suite executives see the COO’s use of these tools as critical to their success (The DNA of the COO). Talk about what additional data they would like to have. Ensure they know how others in your industry are using data to their advantage. Explore how other data outside your company might be used to corporate benefit.
- Improve change capabilities. Organizational change is hard, and truth be told, most organizations are not very good at it. Even so, change is becoming a constant, and transformation of most businesses is eminent as a result of technological, business environment, and societal/cultural changes. Success in this transformation will take more focus on people than most companies have been accustomed to taking. And honestly, many of the smaller changes generated by various technology projects could be improved by an improved focus on the people-side of change. Spend time educating yourself, the COO, and the rest of the C-suite on change leadership and how to get people on board.
What additional suggestions do you have to help the CIO improve their relationship with the COO?
This article was originally published on www.DifferentiatorsLLC.com.
VP Operations at Conexus SG
9 年Nice article Terry. More and more the drive to efficiency involves the automation of business processes utilizing IT systems, thus having the COO and CIO on the same page, and working in concert, will certainly play a big factor in advancing key strategic initiatives.
Consultant
9 年Great article, Terry Bennett. The CIO and COO's core missions are increasingly intertwined. The CIO has responsibility for the infrastructure that enables the COO's organization to execute... and both organizations need to be absolutely responsive to the needs of the company's customers.
General Manager at Teakwood Consulting
9 年Great article Terry.
An analyst in both our Life and Health practices
9 年Terry, great insights. Having held both positions (twice at the same time), I completely agree with your assessment. The COO and CIO working together is a powerful force in a company. Working at odds is incredibly destructive.
Educator & Advisor - Blockchain, Bitcoin, Cryptocurrency, DeFi, NFT, CBDC, & Web3 | Consultant | Certified Blockchain Professional? | COO
9 年Thanks for sharing.