CIOs need to critically evaluate whether technology meets business strategy
CIOs need the capacity to recognize where technology is working and where new technologies may help shore up deficiencies. High-tech spending—in any business environment—needs considerable thought. Not just for implementation, but how best to leverage specific technologies to meet objectives. That requires delimiting specific project needs/goals, aligning those goals with available technologies to identify which best-fit the objectives and then to also assess whether those technologies later down the line could be used for other needs to determine the return on investment. One exceptional tool help governments and companies determine investment is enterprise architecture because it presents a roadmap to effective technology decision making. I would say that most big projects need to be evaluating from an architect's perspective, much more than from an emotional "shiny new toys" viewpoint. Growth in high tech may very well be a good thing for economies, governments and businesses, but a plan that assesses whether specific technology is right for a project is critical.