A CTO can have a major impact on the world’s most innovative companies. Their technical expertise is often considered the most valuable in the company. The company’s title alone suggests they are doing something innovative.
A CTO’s responsibilities
In a company, a Chief Technology Officer (also called a Chief Technical Officer) is the person with the highest level of technical expertise. When it’s a tech startup, the CTO is usually a co-founder and the principal thinker behind the product. As part of an older organization’s product strategy and roadmap, the C-level executive investigates technology trends and applies them to the company’s product.
Startups often confuse CTOs with CIOs, VPs of Engineering, or Technical Directors. Many companies have blurred the boundaries between these roles, which historically had different responsibilities. Occasionally, organizations hire just one CTO and VP to handle both jobs, so they simply refer to them as CTOs.
Amazon, for example, employs CTOs who create products whose vision is broader. Amazon Web Services was headed by Werner Vogels, who was responsible for advancing cloud computing. Facebook’s AI algorithms have been led by Mark Schroepfer. CTOs manage engineering efforts within organizations and oversee the digital aspects of products.
Our focus is on the most important tasks:
Responsibilities related to engineering:
- Create the source code, improve it, and test it.
- Make sure the software or its updates are in proper health after they are released.
- Schedule and execute the release.
- Assign tasks to engineering and design teams
- Providing mentorship to young tech workers
- Supervise the development process
- Recruit tech talent
Responsibilities related to product management:
- Start the product development process from scratch.
- Monitors customer needs and wants to ensure product success
- Identify the future direction of the product
Responsibilities related to system architecture:
- Select the right technology and tools
- Plan the product development process
- Establish criteria and protocols
- Decide whether to improve the product
Responsibilities related to business development:
- Participate in tech conferences and associations to promote the company’s technology successes
- Expand the company’s technological capabilities
- Predicting tech trends
What is required to become a Chief Technology Officer?
In addition to code languages and frameworks, a CTO must be familiar with emerging and existing technologies. Moreover, they need to possess a solid understanding of software architecture, design, and programming. With some business knowledge, they can align business goals with end-user needs. A CTO must know the strengths and weaknesses of his or her team members in order to successfully implement a technology strategy. Moreover, CTOs must determine the skills they need when they search, hire, and retain tech talent.
If you need a CTO, when should you hire one?
You shouldn’t hire a CTO just because every Silicon Valley company has one. There are a few reasons why you may need this person.
- You need a co-founder with technical knowledge to help you build your startup.
- Your boardroom does not have a technical advisor.
- It is your goal to build a strong in-house technology team.