- Developing and meeting certain business objectives
- Building technical teams within a software development company
- Creating the tech culture within a company
- Technology governance and portfolio management
- Budget and finance management
The role of CTO can be varied, however, its general modus operandi is using technological insight to improve a business. A CTO will use their skills, experience, and research to come up with the best possible strategic plans and business objectives. Then, they will work on meeting these plans and objectives in various ways, including building appropriate tech teams, ensuring the right tools are acquired and implemented, and meeting with partners, investors, and shareholders.
Chief technology officer is a top role and it comes with big responsibilities. Overall they are responsible for whether technology is working for or against a company, and it is their job to fix any problems.
What skills does a CTO need?
As the role of chief technology officer is so valuable and important, there are quite a few skills that someone needs to have in order to be in a CTO role. These can include…
Technical knowledge and expertise: As a CTO manages a company’s technological roadmap, oversees technological strategy and helps to build infrastructure, the role requires a high level of technical knowledge and expertise. To be considered for a CTO role, a person needs many years of eclectic experience in the world of software and tech, preferably experience that covers a lot of different bases including development, cyber security, business analysis, and strategy.
People skills: As well as the technical side of things, a CTO needs to be proficient in their people skills. The CTO is often a company’s liaison between their business and their customers and/or shareholders. They must be in frequent communication with others about the businesses’ technology and technological processes. If they don’t have good people skills, these essential relationships won’t be developed and maintained as they should be.
Long-term vision: A CTO needs to be a “big picture” thinker. They need to plan technology teams’ work based on long-term strategic goals and plans. Everything that happens within a company’s tech team will be informed by the CTO’s decisions and so it is imperative that those decisions are the right ones.