The CIO shortage is harder to spot because companies always have people holding that title; they're often just not the right people. The field's top professional group, the Society for Information Management (SIM), has just published a report ("Grooming the 2010 CIO") concluding that U.S. companies have far fewer good CIOs than they need, maybe less than half as many. The reason is that in a world where IT is central to strategy, today's CIO needs substantial business acumen, relationship abilities, and leadership skills - but most don't have those traits because most companies are lousy at developing future CIOs.
Fortune
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