All about the VP Technology job responsibilities are our main focus in this article and not the job description itself. So, let us learn more and continue reading.
An Overview of VP Technology Job Responsibilities
The VP of Technology is the highest-ranking IT management position within an organization. A VP of Technology has a lot of responsibilities to fulfill for his or her organization. The summary of the most common responsibilities for the VP technology are mentioned below:
- Manage all IT activities in the organization
- Hiring top talent for the IT department
- Budgeting of the yearly budget of the IT department
- Collaborate with all other departments to deliver better services to the customers and employees
- Preparing proposals and presentations about IT services for top management
- Support sales and marketing activities by providing technical support and advice
Education and Other Requirements to Become a VP Technology
Not all organizations require their potential candidates to hold a bachelor’s degree. But still, an academic background in a technology-oriented field is necessary. In addition, a relevant work experience of more than 5 years in a related field is a prerequisite.
Other common requirements for this position are listed below:
Leadership Skills
A VP of Technology is responsible for all management actions. Therefore, he or she must have strong leadership skills to get the job done. These leadership skills are necessary to lead the IT team effectively.
Wide Network of Contacts in the IT Industry and Business Community
As a high-ranking manager, it is the responsibility of a VP of Technology to interact with other leaders in the industry. This way, he or she will be able to form solid relationships with them. These are all very important to promote an organization’s business goals.
The Ability to Form Solid Relationships with Employees and Customers Alike
The VP of Technology is not only responsible for the development of the IT department. He or she must also be able to develop strong relationships with the customers and employees to deliver better services. The VP of Technology must know how to build a positive relationship with others to get the job done.
How Much Does A VP Technology Make?
As compared to other IT jobs, the pay package for a VP of Technology is quite satisfactory. According to the salary survey carried out by the Society for Human Resource Management in 2013, the average wage for a VP of Technology is $149,328 annually.
The average hourly wage for this position is $70.36. Note that these numbers are based on the mean for all industries, while the actual salary figures may vary depending on location and employer.
Conclusion
As you have seen in this article, the VP of Technology is the highest-ranking IT management position within an organization. A VP of Technology has many responsibilities to fulfill for his or her organization.
These responsibilities include managing the IT department, supporting sales and marketing activities, and so on. The VP of Technology must also possess strong leadership skills and a wide network of contacts in the IT industry and business community.
The pay package of a VP Technology is quite satisfactory. The average wage for this position is $149,328 annually, while the average hourly wage is $70.36.
A VP of Technology must possess all of these qualities to get the job done. Also, remember that working hard is important if you want to fulfill your goal. If you are not willing to work hard, you will not get anywhere in life.
