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So here is the scenario: a hitherto unknown meteor comes streaking to earth and somehow lands on your CIO squeezed him / her immediately. What do you do next? Where would you get your replacement CIO and you know, who would it be?

A study of the equipment supply company CDW revealed that even at companies with 1,000 or more employees, 38% had no formal succession plan CIO has done. Ouch - watch out for the meteors!

Even if yourCIO does not spend much time outdoors, where it may meteors, a good point to keep in mind that the average tenure of a CIO is 3-5 years. If you know who could replace your current CIO begin to think, is a question that immediately spring to mind: internal vs. external.

It really does not help that may be exactly what are the qualifications to be a CIO very subjective. In most cases it really is, depends on several factors including the size of your company in the industry you playin, and what are the current expectations of the IT department.

A study done by Information Week found that of 500 current CIOs, 58% of them were recruited from the outside. This means that the choice of the outsider is not so unusual.

When it comes to deciding whether you should look for internal vs. external, corporate culture can play a major role. If your company has a history of hiring from the outside, then you get your next CIO of her feel much morecourse.

Internal applicants can go a good way, because they already know so much be about the company. At the same time, they often find themselves in a situation where they in over their heads in responsibility. External CIO candidates often have the experience to do the work, but only because they come from the outside expectations will be higher for them.

In the end, make sure that you carefully select all of your potential sources - you need tothe best talent in your top IT position.

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