CIOs must set the technology strategy, so they can't afford to spend time on day to day technology buying and pricing decisions. Information week magazine had an interview with Ray Lane about the effect of technology shifts on th... that was focused on this issue. One of the underlying aspects of cloud computing is that those technology decisions are offloaded onto the cloud provider and that is why the shift the relationship management is becoming so important, both external (vendor) relationship management as well as internal relationship management.
The CIO team needs to focus on the strategic job of using information and insight to run companies. "Today, the speed and the amount of information out there, the amount of information to be managed, the ability to compete with information, is just too important," Ray Lane said. This echoes some of the “IT World of Abundance” views I’ve expressed before.
One issue this brings up though is what happens when there is a tactical issue. You can’t worry about the 5 year vision, when your systems are down. Does a hybrid cloud increase the focus on strategic business value delivery or does managing the relationships place as much (or more) of a tactical burden as managing the actual hardware and software directly? For most organizations, their visibility into what is actually happening should go up, but it is something to be aware.