Harvey Nash / KPMG CIO Survey 2016

Harvey Nash / KPMG CIO Survey 2016

The 18th Harvey Nash/KPMG CIO Survey 2016 offers insights into issues faced by CIOs across China and Hong Kong.

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The creative CIO

A new joint KPMG and Harvey Nash survey finds that more Chief Information Officers (CIOs) in China report directly to the CEO than any other country in the region. The role of the CIO has never been more relevant or influential, with 67 percent of China’s CIOs now sitting on a board or executive management team, 14 percentage points higher than the regional average. 

CIOs are of growing strategic importance in China and the trend is set to continue. China is encouraging development through innovation via a number of incentives. Companies are also enhancing their competiveness in the light of the intensifying competition. For example, the banks increasingly face challenges from the internet giants in terms of providing financial services. The role of the CIO is therefore of strategic importance to a company’s development, they are not only focusing on IT and data issues.

Key highlights:

  • 65 per cent of CIOs in Greater China indicated they are running, or plan to implement, diversity initiatives
  • One-fifth of organisations said they have an executive serving in the capacity as a Chief Digital Officer, in line with global average
  • In Greater China, 64 percent CIOs expect a skills shortage, with data analytics was the most in-demand skill (selected by 51 per cent of respondents), followed by mobile solutions and digital
  • Only 15 percent of CIOs in Greater China feel confident their organisation is very well prepared to identify and respond to cyber-attacks
  • Women now hold 19 percent of IT leadership roles in Greater China, whilst Hong Kong sees higher ratio at 22 percent, putting the city in the second place behind Norway in terms of gender diversity

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