|
The top is within reach
Satish Naralkar, CEO & MD of NSE.IT, spoke of
his journey from being a CIO to becoming a CEO.
Satish Naralkar |
In a fascinating presentation that reflects the changing role
of the CIO, Satish Naralkar, CEO and MD, NSE.IT, described the route from CIO
to CEO in just two words: “Shut up.” Addressing his fellow CIOs, he
urged them to change the way they talk. “Talk business language, talk about
your customers rather than data centres, talk about innovations to become more
productive and competitive, talk to your peers and seniors about the business,
read Fortune as well as computer magazines.”
Currently, we see the CIO’s responsibilities as anticipating, organising,
strategising, delivering and measuring. In the current changing environment,
there are more real opportunities, like the CIO as a strategist, collaborator,
or governor. The role of the CIO is shifting from a technologist to business
liaison.
According to Naralkar, a CIO’s job is to set vision and direction for the
enterprise, identify business models and opportunities, think strategically,
plan for the future, and be a part of the organisation’s mergers and acquisitions.
The CEO-CIO relationship goes like this: a CEO seizes opportunities to redefine
business, and a CIO creates an infrastructure to support business ventures.
A CEO develops new opportunities while the CIO understands vision and transforms
it into a technology strategy.
|
Talk business language, talk about
your customers rather than data centres, talk about innovations to become
more productive and competitive
|
“Today, 40 percent of CIOs report to CEOs, and this will grow to 60 percent,”
forecasts Naralkar. CIOs are now aiming for the CEO’s position.
He concluded by talking about his own transition from CIO
to CEO. “In my journey to become a CEO, I moved from being CIO at NSE to
both CIO and CEO at NSE.IT. It was a tough act, balancing the delivery to NSE
and non-NSE clients. I was juggling between the cultural change, top-line vs
bottom-line, and domestic vs global. This created a difficult situation for
me, and in a way the CIO’s career was over. I became the CEO of NSE.IT,
which came into being in October 2006 when NSE split into NSE and NSE.IT.”
| Satish Naralkar , Managing Director and CEO, NSE.IT,
joined NSE in 1994, almost from its inception. He has been responsible in
managing its large IT infrastructure and nation wide electronic trading
facility including the world’s largest private interactive VSAT network.
An engineer, Satish Naralkar has worked with some of
the best companies in the Indian IT Industry prior to joining NSE. He
was with IBM from 1974 and thereafter in CMC Ltd. from 1978.
|
| NSE.IT is an end to end Information Technology services
& solutions organization with expertise in a wide range of business
applications including high-end mission critical applications requiring
real-time processing speeds.
NSE.IT specializes in providing complete Information
Technology solutions to stock exchanges, clearing corporations, brokerage
firms and other organisations in financial sector.
One of their major clients is National Stock Exchange
of India which is the world's third largest stock exchange, in terms of
transaction volumes, after NASDAQ & NYSE. NSE.IT provides complete
range of IT solutions and support to the stock exchange (and its brokers
& associated companies) which has over 15,000 online trading terminals
spread over 380 cities connected through a network of 3,000 VSATs and
1,000 leased lines.
With a pool of over 400+ highly experienced IT
professionals, NSE.IT offers end to end technology solutions, a comprehensive
range of software products; enterprise management services (EMS), consulting
services, turnkey solutions and application software development for the
finance industry in India and overseas.
NSE.IT is a SEI CMM Level 5 certified organisation.
|
|
