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The CIO as a Venture Capitalist

Title Author(s) Type Topic(s) Comments Date
The CIO as a Venture CapitalistWeill, Peter
Woerner, Stephanie L.
Research BriefingBusiness Agility
Design/Management of the IT Unit
Abstract: We think there is a sea change coming for CIOs, and it will be about helping the company drive more innovation and growth. In this briefing we explore an emerging new role for the CIO: acting as a venture capitalist (VC). We found that the three approaches the CIO Venture Capitalist takes to increase innovation are Learn, Acquire, and Partner. By using these approaches, the CIO—and by extension, the IT unit—is able to help the rest of the company to incorporate and leverage the innovative capacity of new technologies created in startups and other enterprises.

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June 16, 2016

thanks MIT

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