Reading more about VP Information Technology Job Description helps you understand more about the role.
VP Information Technology Job Description
VP Information Technology is a role that is responsible for the planning, development, and implementation of technology solutions to support company objectives. This position requires a high degree of professional knowledge and expertise in information technology.
As opposed to other Information Technology roles, the VP of Information Technology will typically be an executive-level position as it involves the oversight of IT within an organization.
The VP of Information Technology will typically be responsible for developing and implementing technology strategies. This involves the planning and implementation of new technologies and upgrades to existing infrastructure.
Some responsibilities may also include:
-Planning and executing information technology strategies
-Developing and implementing IT budgets
-Identifying future technology needs and developing plans to meet them
-Developing strategies to ensure systems do fully integrate as well as ensuring the compatibility of applications
-Establishing and maintaining information security, including disaster recovery plans
-Overseeing programming, database, and network administration
Job Prospects for a Vice President of Information Technology
According to the U.S. Bureau of Labor Statistics (BLS), the employment of all computer and information systems managers will rise significantly in the future years. Job creation will occur when organizations’ demand for technology grows, and technology gets more complicated. Competition for employment at the highest management levels, such as vice president of information technology, will be fierce, and those with experience and advanced degrees should have the greatest chances.
Responsibilities
In general, the VP of information technology is in charge of designing, developing, and implementing organizational information systems, software applications, and IT support and infrastructure systems.
They generally direct and manage an organization’s information technology plans, schedules, policies, and programs for data processing. These include network communications, business operations, computer services, and management information systems by stated goals and objectives.
The vice president of information technology is a corporate executive who serves as a leader. Identifying emergent information technologies to be studied, absorbed, and incorporated into the business might be a high-level activity. Professionals in this job may also be in charge of overseeing the development of mission-critical applications and technology. Also, it is to support the firm’s long-term goals and providing guidance and leadership to one or more development teams. Thus, it depends on the size of the organization.
Key Role
Another key role of a VP of information technology is to lead technological planning. They may also be responsible for driving development best practices throughout the business, managing control, and ensuring objectives are met. Risk management, budget allocation, project prioritization, and study and suggestion of new systems, software goods, and services round out the usual job tasks of the vice president of IT.
In most businesses, the VP of information technology works from a pleasant office, frequently close to the IT department. While a 40-hour workweek is typical, project deadlines may need additional hours. Travel to conferences or between satellite facilities may be necessary.
Salary Potential for a Vice President of Information Technology
According to PayScale.com national salary statistics, vice presidents of information technology earned a median total compensation of around $152,563 per year in December 2010, with those in the 25th to 75th percentile earning between $121,171 and $195,954 in full payment.