Wednesday, March 1, 2017

The Monthly Spotlight on Digital CIOs: The CIO as Change Agent in Digital Transformation Mar. 2017

Modern CIOs have many personas and face great challenges.


Modern CIOs have many personas and face great challenges. It is not sufficient to only keep the light on. Regardless of which industry or the nature of organization you are in, being a digital leader will need to master the art of creating unique, differentiating value from piles of commoditized technologies, but more specifically, what are the digital-savvy CIOs doing to run IT as a growth engine and innovation Hub? Here is the monthly spotlight of the CIO.       
                    
The CIO as Change Agent in Digital Transformation
  • Refresh CIO Leadership to Accelerate Digital Transformation The CIO role is considerably a newer top executive role compared to other business executive positions. At the static industrial age, IT was perceived as a cost center, and CIOs were labeled as the technical geek and tactical manager, and the majority of IT organizations get stuck in the lower level of maturity.  However, due to the exponential growth of information and increasing speed of changes, technologies are often the disruptive force behind digital technologies. IT plays a more significant role in leading businesses forward at the front. So, how to refresh CIO leadership to accelerate digital transformation?
  • From a “Surviving CIO” to a Thriving CIO Compare to other CXO titles, CIO is considerably a newer role with only around three decades history. Due to the changing nature of technology, CIOs and IT seem to be always in the hot seat to adapt to the change. What are the biggest mistakes that a CIO can make? How much technology knowledge does an effective CIO require? What’s the significant difference between a traditional CIO and a digital CIO? Or to put simply, how can CIOs shift mentality from a “surviving” mode to a “thriving” mode?
  • The Digital-Savvy CIO Modern CIOs face many challenges, it is not sufficient to only keep the light on. Regardless of which industry or the nature of organization you are in, being a digital leader will need to master the art of creating unique and differentiative value from piles of commoditized technologies, but more specifically, what are the digital-savvy CIOs doing to run IT as a value creator and innovation engine?


  • Where are the CIO’s Real Challenges in Digital Transformation? Digital provides significant opportunities for business growth, also brings unprecedented risks to cause business fall. Never before has IT and business been so closely tied together. Never before has technology moved more quickly and missteps have larger trajectory impacts on every aspect of the business?


  • The CIO as a Digital Orchestra Conductor? Metaphorically, the CIO need to be the bridge between the strategic goals of the business and IT. At the age of cloud, the CIO also needs to lead as a conductor than a constructor, in order to speed up and improve IT agility. A forward-thinking CIO will figure out a way to leverage the cloud to explore business options much more quickly. As the cloud era is also the age of innovation and radical digitalization, while IT provides important structure and framework to streamline the process and enable the digital transformation. Learning the business is a must for the CIO to come up with an experiential knowledge coupled with data for enabling and empowering the enterprise. For larger enterprises, their IT resources and capability are often the company's secret sauce and the key to how they deliver value to the business?

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