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With technological trends greatly influencing businesses today, it is a must for companies to have their chief technology officer (CTO).
In most companies, the CTO is in charge of the technological leadership.
Additionally, the chief technology officer job description also incorporates business, innovation, R&D, infrastructure, strategy, management skills, and sometimes finance.
Read on to find out more about the chief technology officer job description, duties and responsibilities, and qualifications. See if you are up to take the next step.
A chief technology is a top executive whose main duty is to oversee the company’s technology. They are expected to align technological trends with business goals.
When looking for the chief technology job description, the company template often includes the following roles.
The main job description of a CTO is using technology to achieve business goals. They must strongly strategize and clearly envision the company to stay competitive in the business.
It is also the job of a CTO to communicate their strategy and vision to both their technical and non-technical employees. Skills development should be a priority to ensure a high-performing team.
The CTO will manage several projects. At the same time, they must also be able to deliver the demands of the customers.
It is part of the chief technology officer’s job to direct projects to optimize the company’s technological resources, architecture, infrastructure, and long-term needs.
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As the chief technology officer, they must be knowledgeable in trends and new technologies. This includes studying customer intelligence and performing competitor analysis.
They are also expected to be highly technical. Consequently, this can attract new talents, get great vendor deals, and impress customers.
A good way to innovate and study is by having strategic partnerships with start-ups, vendors, and other technology companies.
A CTO is also greatly involved in software and product development to meet the customer’s requirements and expectations.
The CTO may work with the Chief Product Officer (CPO) and incorporate technological advances to build and innovate products.
Their job may also be involved in UI, design, development operations, and technical support for customers.
The core of a chief technology officer’s job is managing the business IT system such as:
A chief technology officer’s job also includes being on the constant lookout for technologies to improve the company’s operations.
Oftentimes, the role of a CTO is confused with that of a CIO or a chief information officer. Traditionally, a CTO and a CIO are distinguished by:
The chief technology officer job description consists of crucial duties and responsibilities for the company’s business and technological resources.
Below is an example of the template that companies usually have when looking for a chief technology officer.
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A bachelor’s degree in computer science, information technology, engineering, or other related field is usually required for the chief technology officer job.
A master’s degree in the related fields of computer science, information technology, and better, an MBA gives you a great advantage to earn the position.
Since a chief technology officer is part of the c-suite, it would take about 15 years of work experience before one can be considered for the role.
CTOs are also expected to have held managerial positions for about five years or so before applying.
Aside from technical skills, CTOs are also expected to be proficient in the following areas:
Additionally, CTOs commonly have the following certifications which aid in their technology leadership role in the company.
The average salary in the U.S. is about $132,833, annually. On top of this is profit-sharing averaging to $25,000 per year.
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