The Insurance Networking News post, “Insurance CIOs Vary in Value Proposition Views” published Jan. 12th, offers some interesting insights into the contributions CIOs see themselves making according to Novarica’s recent study “Creating Enterprise Value as a CIO.”

Despite the relatively small sample size of 111 cross-industry leaders, I suspect the responses are representative of what a larger survey would indicate as they are consistent with the findings of many articles and priorities published over the past few years. Given economic conditions, there has been an intense focus on costs, efficiency, effectiveness and legacy system adaptations. Faster, better, cheaper have been the buzzwords for at least a decade, as noted by approximately one-third of the respondents as well as some portion of the 45 percent whose “strategic initiatives” no doubt include some form of efficiency improvement and cost reductions.

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