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As technology has become a vital component of businesses across all industries, many organizations have added technology professionals to their executive teams. This empowers tech leaders to go the extra mile and contribute to the business’s broader strategy and decision-making. This necessitates familiarity with fundamental business concepts to comprehend all potential ramifications and effectively communicate your views to other leaders and executive members.
Therefore, what do CIOs, CTOs and other tech executives need to know to become full leadership team members? This article outlines some of the concepts you need to master to be an effective IT leader.
Related: The Entrepreneur’s Simple Guide to Business Concepts
1. The business’s key performance indicators (KPIs)
As businesses establish new models based on digital technology, IT departments…