Read the full article on CEOWorld Magazine

Making the move from CTO to CEO was a daunting experience for me: after all, I had spent a large part of my career working behind the scenes. Now, I was going to be the face of a company, taking on new responsibilities that encapsulated a whole other realm of leadership than what I had previously experienced.

For chief technologists who deal primarily with the tech and little to none of the finance, marketing or sales, the path to CEO can be difficult to make out. Yet more and more we’re seeing tech-savvy individuals who have long since occupied the CTO position step up and accept the responsibility that comes with the title of CEO.

CTOs are a type of functional leader, meaning their roles are typically expertise-based rather than broadly operational like a CEO (CFO is another example of a functional leader). These types of leaders have specialized skill sets — CTOs are technology experts, and CFOs have an acute understanding of finance. According to research done by McKinsey & Company, less than 15 percent of CEOs in their dataset had risen from functional leadership positions such as CTO or CFO.

Read the full article on CEOWorld Magazine