How the Right CIO Can Reduce Your Company’s Risks and Improve Profitability

Greg Ballance
CEO

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In today’s digital age, companies function at a level more streamlined and integrated than ever before. As a result, a company’s IT department bears responsibility for securing the company’s most sensitive information, from company records to client financials. Having access to the right Chief Information Officer (CIO) can help your business mitigate risks while improving your bottom line.

Accountability and Leadership

Because the IT department of a company involves specialized skills that others in the company don’t have, you naturally place a lot of trust in that department to keep information safe and processes running smoothly. Without proper accountability, your sensitive information and technology infrastructure could be vulnerable, not unlike your financials could be at risk of embezzlement by an unscrupulous accountant. A good CIO is a leader that provides needed oversight by implementing accountability protocols and safeguards. They are also business savvy, interfacing with the CEO to help set not only the technology direction, but business priorities and vision.

Risk Management

With so much of the world’s most sensitive information now stored digitally, businesses are a favorite target of cybercrooks and hackers. It’s an ongoing challenge to ensure risk monitoring tools keep pace with risks as environments change. A skilled CIO will be proactive and vigilant in coordinating cybersecurity efforts, so your assets are protected. They will be an advocate for utilizing a consistent risk and control assessment process linking business processes to supporting IT resources, encouraging innovation and growth.

Improvements and Expansion

As your company grows, so will your IT infrastructure needs—not to mention the technology itself continues to evolve at a mind-boggling rate. The right CIO will help keep your company ahead of the curve by staying abreast of new technologies and anticipating the need for expansion. While upgrades and improvements require an ongoing investment, when it’s done correctly, your company will operate at maximum productivity to help keep your business profitable.

At Diamond Technologies, we can serve as your Virtual CIO. Our managed services team brings the experience, knowledge, and strategic insight your organization needs to provide you with the best technological infrastructure possible. Our team of expert technicians, network managers, and cybersecurity specialists as well as a Virtual CIO allows you to remain confidently focused on your company’s mission.

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