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Episode Info: What to look for in your CTO?  As a business owner, you need to take control in order to grow. One of the most important ways of doing this is to make sure your leadership team is strong, adaptable and, crucially, scaleable.  A Chief Technology officer (CTO) is at the heart of this and will shape the direction of the business, both now and in the future. They need to appreciate the core values and vision of the business, but they also have to understand you. In my blog post and podcast last week I defined CTO for you. Go ahead and have a look if you haven’t done so already by clicking here. A CTO is someone who gets your business vision and then has the skills, knowledge and experience to realise and act on that, through a strong technology strategy.  For many though this isn’t always the case, especially when you’re in the first few years of business.  What situation are you in right now? 1. Your CTO is your co-founder This person will often be someone that you started the business with. They will have a background in technology, have a good understanding of where your business is going, and will grow with you as the business scales. 2. You want more from your CTO There’s already a CTO in place and the business is growing well. They may have an equity stake, but you’re at the stage where you’re expecting more from them. You’re not sure if this is the right person to move forward with your business vision. 3. No CTO If you’re a start-up, it’s often the case that you don’t have a CTO at this time. You will be actively trying to find one and will have someone within your small team who is trying to do the work of a CTO on a daily basis. In essence, you’re looking to fill this role in order to move the business forward. Although CTO is one title, there are many different interpretations of the role. Each business and business owner will require a different approach, based on personality, business model and the overall vision.  The 4 types of CTO  The Founder CTO  This is someone who has been brought onto the team early when the business was initially set up. The role will typically involve long hours in order to get the business up andRead more »

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