Our findings confirm that chief information officers want to hone their leadership skills to take on the role of business leader. We look at key competencies required across operational stewardship, IT leadership, and entrepreneurship and offer a self-assessment for CIOs to identify skill gaps as they consider their career roadmap.

In Deloitte's CIO survey, 58 percent of chief information officers said that "helping in business innovation" is a core expectation of the IT organization. Yet it remains a nebulous concept for many organizations and CIOs. We uncover ways in which CIOs can contribute to and drive innovation within their organizations as they shape their legacy.