What is the role of a CTO in technology-driven companies? 🔊
The role of a CTO (Chief Technology Officer) in technology-driven companies is to oversee the organization's technology strategy and research and development (R&D) initiatives. The CTO ensures that technology aligns with business objectives and drives innovation. They remain informed about industry trends and emerging technologies, assessing their potential impact on products and services. Additionally, CTOs collaborate with the executive team to develop policies that enhance productivity and efficiency. By bridging the gap between technical capabilities and business needs, they play a vital role in shaping a company’s future direction and staying competitive in the marketplace.
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