ABOUT THE CONTRIBUTOR

Daya Prakash

With Grey Head since May 2013, Daya Prakash is currently the Director on Board at Grey Head Media. In past he has been the Head - IT, LG Electronics India Pvt. Ltd. He has over 18 years of experience in managing IT Applications and Infrastructure. With a positive temperament and innovative streak, Daya has won many prestigious IT awards like CIO 100 Creativity Award, Top 100 CISO Award, CIO Hall of Fame Award, Edge 2010, CIO 100 Agile Award, CTO of the Year 2009 in Manufacturing (New Product Development) by D&B, CIO 100 Ingenious, CIO 100 Bold Award and CIO 100 Innovation Award. In 2006 Daya was nominated as one of India’s top 30 rising stars by CIO magazine in 2006. Daya is an active member of various CIO communities across India. His opinions and articles have been widely published in leading magazines and national dailies like Data Quest, Network Computing, CIO, Economic Times, Financial Express etc. Daya Prakash has done his Masters in Business Administration (MBA) in Finance and a Masters in Computer Management (MCM) and is currently pursuing his PhD from Sharda University, Greater Noida. He is a certified Project Management Professional (PMP). He has an in-depth knowledge related to various aspects of business.

Daya Prakash HAS WRITTEN 4 ARTICLES FOR DYNAMIC CIO

Similarity Between Entrepreneurship and CIO: A Real-life Journey

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Moving out of a well-established organization and role, which was larger than life, to begin an entrepreneurial journey is indeed a tectonic shift and a big move. No doubt, an entrepreneurial journey is like trading less travelled path for very simple reasons i.e. it has more surprises in store for you than the expected outcomes. 

Are You the Illiterate of 21st Century?

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So goes the saying: 'The illiterates of the 21st century won't be the ones who do not know how to read or write but the ones who can't learn, unlearn and relearn.' The time is right for the CIO and CMO to set out on a journey to take their organizations to new heights. They should apprise themselves of the emerging trends to address organizational challenges more effectively. 

Succession Planning: Are CIOs Ready To Climb Up The Ladder?

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I see a great opportunity for CIOs in following the succession planning process in their respective organizations. This paves the way for them to climb up the ladder to attain a strategic position and focus more on strategic goals. One may say that a CIO alone cannot be held responsible for ineffective succession planning but may I ask who stops us from playing the role of an influencer? 

CIO Losing Control Over IT

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A recent study conducted by Gartner and Financial Executives Research Foundation says that CIOs alone have authorized only 5 percent of all IT investments whereas CFOs have authorized 26% of all IT investments. The study also says that 42% of IT organizations directly report to the CFO, whereas 33% report to the CEO. I am not too sure if the study conducted included only small scale organizations or mid to large enterprises.  

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