Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »Apply today for a FREE subscription to CIO Magazine!
October 15, 2006 — CIO — Don’t tell the U.S. Department of the Treasury, but Bahman Koohestani, the CIO of Orbitz, has created his own currency. He calls his cash Bahman Bucks, and the roughly 300 members of his IT department based at Orbitz’s Chicago headquarters use it at a restaurant across the street from their office, and soon will use it for IT group outings to concerts and sporting events.
Koohestani created the currency, which managers distribute to staff before a social event, to encourage members of his IT department to hang out after work. “The business that plays together works better together,” he says.
Indeed, “Socializing outside of work may help resolve conflicts and build trust,” says Thomas Harvey, author of Building Teams, Building People.
The teams that play together also stay together. Koohestani says Orbitz’s IT turnover is low, partly because employees don’t want to leave their coworker friends. He notes that the social activities he sponsors, which typically cost Orbitz between $1,600 and $2,000 per event, have also helped him recruit new talent.
“It is significantly cheaper for us to increase our productivity and do something about retention than recruit new people [due to turnover],” says Koohestani. “The type of work we do and the competitive market we’re in requires an extra level of connectedness you don’t get from coming to work every day and punching out at the end of a shift.”
© 2008 CXO Media Inc.
Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.
Over 25 tutorials on everything from business intelligence to virtualization.