What performance metrics should CIOs specifically be measured on?
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CIO may have operational KPI's he is watching for the enterprise, but what he should be measured on is the same KPI's as the CEO and the other C level leaders.
CIO/CTO should be measured by total corporate success.
Technology ROI should be measured by the business performance that is enhanced and processes improved via technical solutions.
These tech/process improvements should equal more time and capabilities to make more and more profits.
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Their ability to implement a strategic plan that is aligned with the company's strategic plan.
I don’t believe CIO should have specifically metrics.
As one of the corporate leader his/her metrics should be same as CEO one and both should cooperate to achieve it.
Base on the business industry the KPIs could be things like Revenue, backlog, Cash, G&A ratio to Revenue...
CIO should be measured by the business and the systems they support, i.e., the business systems should meet their uptime (99.999%) during the core business hours. In addition, the systems the CIO supports should meet uptime goals (normally 99.999%) their intended objectives by helping the business achieving their objectives. Surveys from business leaders with determine the CIO's performance.