Friday, August 11, 2017

The Monthly “IT Innovation” Book Tuning: Doing More with Innovation Aug. 2017

Within abundant information and emergent digital technologies, IT is a key component of holistic business mindset to re-imagine “what is possible” - unleashing business potentials and improving business efficiency, effectiveness, agility, and maturity. The art of possible to reinvent IT for the digital age is to deliver the value of information in helping businesses grow, delight customers and doing more with innovation.

    

   Doing More with Innovation


Running IT “Out of the Comfort Zone” Technology is pervasive, information is growing exponentially. Business transformation or change initiatives today nearly always involves some form of information and technology. All forward-thinking organizations across the industries claim they are in the information management business. To adapt to the increasing speed of changes, organizations have to be more nimble about updating technology and managing information effectively. Hence, IT organizations today can no longer get stuck at the lower level of maturity to keep the lights on only or get struggling to make an alignment with the business. Digital IT organization must get “out of the comfort zone,” to explore better ways of running IT as a trusted business partner, proactive change agent, and hyper-connected innovation hub. "Continual improvement" is the IT mantra in the digital era.

The Digital Mantra of IT: Doing More with Innovation Organizations rely more and more on technologies; the IT organization has more and more to overcome. To break the mold, It is simply not enough for “keeping the lights on” only, IT needs to rethink itself as an innovative and business leading organization. The mantra of IT organization should shift from “Doing more with less,” to “Doing more with innovation.” Innovation is not just about technology, Innovation is not always equal to the latest gadget, it’s about people, culture, partnership, manners, etc. IT transformation means doing more with innovation, transparency, and discipline. ?

Three “DO NOT” in IT Innovation? In the rapidly evolving digital businesses and economic systems, the creation of new innovations is very complex but critical for firms' survival and thriving. Information is the lifeblood of the modern business and technology is the disruptive force behind the digital transformation. Contemporary IT organization should be run as the innovation engine of the company, it is the thorny journey because there are many roadblocks and hidden pitfalls on the way. Here are three “DO NOT” in IT innovation.

CIOs as “Chief Initiative Officer”: How to Take Initiatives on Change, Innovation, and Digital Transformation  The magic “I” in the CIO’s titles implies so many things: “Chief Information Officer,” “Chief Innovation Officer,” “Chief Improvement Officer,” “Chief Influence Officer,” "Chief Insight Officer," etc. In practice, the CIO role should transform from a reactive IT manager to a proactive digital leader; from a controller to a change agent Thus, the CIO as “Chief Initiative Officer” has become necessary or even imperative to manage strategic digital alignment and orchestration from concept to post-implementation of all initiatives from the C-level to the front lines, focus on changes and innovation. CIOs are also quite eager and enthusiastic to drive challenging transformation initiatives, to reinvent IT as the information hub and the business growth engine.


CIOs as Chief Insight Officer: How to Run IT Organization as the “Constructive Disruptor” to Accelerate Digital Innovation?: The exponential growth of information and consumerized technologies bring both opportunities and risks for the business growth and innovation. IT is becoming significantly important for helping the business to build the competitive position and improve its performance. Organizations rely more and more on technologies; the IT department has more and more to offer, also has a lot of obstacles to overcome. CIOs as “Chief Insight Officer”: How to run IT organization as the “constructive disruptor” to accelerate digital innovation?

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