What are the three types of CTO roles?
The CTO role can be categorized into three types based on the specific circumstances and level of change required:
- Responder: These CTOs address crises or setbacks and focus on stabilizing the business and achieving rapid financial improvements through increased discipline and execution capabilities.
- Revitalizer: CTOs in this role aim to drive performance improvements in organizations that have experienced a decline over time. They focus on mobilizing and empowering the workforce to bring about sustained, long-term change.
- Reinventor: These CTOs guide organizations through significant strategic changes, such as digital transformations or entering new markets. They emphasize articulating a clear vision and building new capabilities to support that vision.