CTO NBFC
- A chief technology officer (CTO) is responsible for overseeing the development and dissemination of technology for external customers, vendors, and other clients to help improve and increase business. They may also deal with internal IT operations if a company is small and doesn't have a chief information officer.
- Formulate a vision for how technology will be utilized within the company
- Outline company goals and timelines for research and development
- Develop technical aspects of the company's strategy for alignment with its business goals
- Ensure that the technological resources satisfy the company's short and long-term needs
- Verify all technological practices adhere to regulatory standards and compliance
- Identify and implement innovative technologies that yield competitive advantage
- Manage large teams, big data, and the product life-cycle
- Help departments use technology profitably and act as a mentor to team members
- Supervise system infrastructure to ensure functionality and efficiency
- Build quality assurance and data protection processes
- Monitor KPIs and IT budgets to assess technological performance
- Capitalize on stakeholders' feedback to advise on necessary improvements and adjustments
- Communicate tech-strategy to partners and investors
- Maintain a consumer-focused outlook, centrally on delivering IT projects to market
- Make executive decisions on behalf of the company's technological requirements
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