First, we'll answer what does CTO stand for?
CTO is an abbreviation for Chief Technical Officer or Chief Technology Officer. Such positions relate to so-called C-suite or C-level senior executives.
C means "Chief," hence all of those officers are responsible for the company-wide decisions, but each position implies different areas of responsibility.
The Chief technology officer is one of the vaguest and broad of all C-suite positions. This leadership function combines technology and management issues and primarily focuses on the tech stack
that helps a company grow.
In general, the Chief Technology Officer's role is to manage an organization's research and development as well as its technological needs. A CTO should capitalize on the knowledge of existing and emerging technologies to provide the business with the best possible future solutions.
In his interview with John Brockman
, founder of Edge, Nathan Myhrvold explains how being a CTO feels to him: