987555

.docx

School

Kenyatta University**We aren't endorsed by this school

Course

HEALTH 123

Subject

Management

Date

Jan 9, 2025

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Uploaded by SuperResolveCaterpillar62

1Chief Transformation OfficerStudent's NameInstitutional AffiliationCourse NameProfessor's NameDate

2IntroductionMost organizations globally are rapidly embracing the organizational position of a chief transformation officer (CTO). As a result of the current prevailing complex structures and chain of command in many full-bodied organizations, a CTO is a treasured figure to every establishment inundated with adopting various transformations. According to Bican & Brem (2020), as most organizations require countless efforts to change their progressions, they must ensure they realize all their goals within a given period. This paper discusses the functions and roles of the CTO, along with the way a chief transformation officer aids an organization with initiatives of transformation. In addition, the paper also elucidates the various disadvantages linked with the position of a CTO, illuminating how the use of a CTO in an organization is divergent compared to shifting from the middle approach.Role and Function of the CTOA CTO's roles differ based on the complexity of the organization and its sector. CTOs are liable for creating and enacting an innovation plan that aligns with the organization's corporate objectives. Besides. a CTO also manages the organization's research and development initiatives and ensures that they are centered on technologies that might aid the organization in accomplishing its objectives (Friedman, 2021). Also, a CTO oversees the technical team, which may comprise IT specialists, engineers, and developers, and is liable for recruiting, educating, and supervising these people. Moreover, a CTO frequently collaborates with external suppliers to reach agreements for technological goods and services (Friedman, 2021). A CTO is also accountable for recognizing and handling technological risk factors for the organization.How a CTO Can Help an Organization with Change Initiatives

3CTOs act as intermediaries in technological innovations such as AI, blockchain, and digital twins. They are in charge of enabling effective adoption of technology by individuals and organizations in manners that optimize all the economic rewards (Baiyere et al., 2020). A CTO ensures the adopted organizational changes offer the expected return on expenditure and profits. As adopting the latest technologies is costly and solutions offered are required to deliver full advantage, a CTO's role is to implement change management throughout an organization (Baiyere et al., 2020). Besides, CTOs are essential for organizations to adopt a change and ensure its effectiveness.How Using an Ethically Focused Approach Can Benefit the CTO When Leading Organizational Members Through Change ProcessesMany organizations use an ethically focused approach, an advantageous technique for CTOs when leading organizational change processes. The overall setting of numerous organizations is positioned in a way that change processes cannot be effectively realized if they are not enacted using an ethically focused approach (Palmer et al., 2022). This approach is vital in transforming an organization, though the technique requires proper management guidance. An ethically focused approach can enable a CTO in an organization to offer a premeditated course that guides all the transformation efforts (Palmer et al., 2022). This aids in embracing the various change processes by all the organization's executive members, thus making sure that adequate support is offered to everyone involved in driving the change.Disadvantages of the CTO PositionA CTO is subjected to significant obligations and duties that must be addressed effectively throughout their professional life. This role presents CTOs with complicated tasks at

4the organization's management level (Sarta et al., 2020). The role of a CTO is linked with substantial risks since it requires regular monitoring of different demands among all parties and ensuring a continuous change of the strategic plan. Besides, CTOs are more likely to develop stress-related disorders, and this can have a significant impact on their capabilities of making personal decisions (Sarta et al., 2020). Furthermore, implementing transformations within a company is rarely straightforward, contributing to adverse working settings for CTOs since many individuals resist adopting changes.How an Organization's Employment of a CTO is Different than the "Changing from the Middle" ApproachThe employment of a CTO by an organization is different from the "Changing from the Middle" approachas it aids in propositioning the various changes and assessing the time required to profit the business. This aids in establishing well-versed financial pronouncements and adequate forecasting on organizational investments (Palmer et al., 2022). Top management interactions with peers enable CTOs to communicate the proposed modifications to other leaders in a company. This aids in the comprehension of a suggested alteration. As middle-level executives sometimes fail to bring about long-term organizational transformation, using them makes most businesses struggle to understand the financial implications of a transformation process (Palmer et al., 2022). Though middle-level management has practical specifics, it lacks the related cost consequences. This is because most middle managers lack the required monetary training and virtuous involvement in offering opinions on economic standings. Conclusion

5In present-day business settings, it is vital for organizations always to adopt the needed changes for them to surge their competitiveness levels. Most organizations have recognized the chief technology officer's positive roles and functions. A CTO is liable for all the organization's technical requirements, along with research and development. Nonetheless, it is essential to scrutinize an organization's short-term and long-term changes. This aids in assisting an organization in making well-versed investments, thus enabling it to realize its set goals.

6ReferencesBaiyere, A., Salmela, H., & Tapanainen, T. (2020). Digital transformation and the new logics of business process management. European journal of information systems, 29(3), 238-259.https://doi.org/10.1080/0960085X.2020.1718007Bican, P. M., & Brem, A. (2020). Digital business model, digital transformation, digital entrepreneurship: Is there a sustainable "digital"?. Sustainability, 12(13), 5239.https://doi.org/10.3390/su12135239Friedman, J. (2021). The Defining Role of the Chief Transformation Officer. Www.truenxus.com. https://www.truenxus.com/blog/chief-transformation-officerPalmer, I., Dunford, R., & Buchanan, D. (2022). Managing organizational change: A multiple perspectives approach (4th ed.). McGraw-Hill EducationSarta, A., Durand, R., & Vergne, J.-P. (2020). Organizational Adaptation. Journal of Management, 1(2), 014920632092908. https://doi.org/10.1177/0149206320929088