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Demand High for C-Level IT Pros
eJobDescription.com website is the HR for Information Technology management
As technology takes a leading role in many enterprises there are now twelve c-level titles that are appearing within many World-Class IT functions. . The most frequently seen position titles are:
Chief Information Officer (CIO)
Chief Information Officer - Small Enterprise or SBU (CIO)
Chief Artificial Intelligence (CAIO)
Chief Compliance Officer (CCO)
Chief Data Officer (CDaO)
Chief Digital Officer (CDO)
Chief Experience Officer (CXO)
Chief Information Security Officer (CISO)
Chief Mobility Officer (CMO)
Chief Product Officer (CPO)
Chief Security Officer (CSO)
Chief Technology Officer (CTO)
Shortage of IT Pros real
Shortage of IT job pros limiting CIO technology implementation plans
According to a several reports, CTOs are seeing a talent shortage as the biggest barrier to the adoption of most new technologies. This means that in the majority of cases, IT leaders who want to deploy a new tool to boost business outcomes anticipate that the lack of suitable workers to implement the technology will be problematic at some point.
In the US there are over 8.9 million enterprises that have any employees. In that population, the number of companies that have teleworkers has increased from 23% to 77%. That is a rise of over 4.6 million organizations that now have teleworkers in their workforce since before the pandemic.
Hiring of IT Pros Continues to slow - AI driving this
Hiring of IT Pros contines to slow
In Feburay of this year the growth of the IT job market and hiring of IT pros was robust. Since the, there has be a steady decline in the number of new IT jobs created from a 12 month moving average of 20,650 new jobs created for IT Pros in Feburary to 7,842.
What once was one of the hottest job markets now is feeling the pain of the recession. Part of the driver has been the elimination of entry level positions with the implementation of AI applications.
One of the new postions that has driven this is the Chief AI Officer (CAIO). The CAIO is not only an AI expert but also a seasoned operational manager. As the role is transformational, the CAIO is responsible for the adoption of AI and machine learning across the entire business. As with most senior executive titles, the responsibilities are set by the organization's board of directors or other authority, depending on the organization's legal structure. The CAIO is responsible for AI across the entire enterprise and its operations. One of the primary objectives of the role is to reduce head counts.
AI Displacing Entry-Level IT Jobs
September there were 117K unemployed IT Professionals
The 2023 IT jobs market remains rocky.
There was a 4.3 percent unemployment rate for IT professionals in September, surpassing the overall U.S. unemployment rate of 3.8 percent. It was a poor showing for IT employment prospects.
AI is displacing some IT Pros and eliminating some entry level positions as tools for AI are enhanced in ChatGPT, Natural language procession (NLP), TensorFlow (Google), Image Processing, PyTorch (Facebook), generative AI content creation, Midjourney, AI chatbot, Model tuning, and Sable Diffusion.
Ways to verify candidate's information
Ways to verify candidate's information
The most important aspect of any business is recruiting, selecting, and retaining top people. Research shows those organizations that spend more time recruiting high-caliber people earn 22% higher return to shareholders than their industry peers. However, most employers do a miserable job selecting people. Many companies rely on outdated and ineffective interviewing and hiring techniques. This critical responsibility sometimes gets the least emphasis.
The job interview is the driving force in the employee selection process. While the job interview may not deserve all of the attention that the job interview receives, it is still a powerful force in hiring.