Thursday, October 15, 2015

The Weekly Insight of the “Future of CIO” 10/15/2015

Leadership without influence, is just like the air without oxygen!

The “Future of CIO” Blog has reached 1.1+ million page views with about #2251th blog posting in 50+ different categories of leadership, management, strategy, digitalization, change/talent, etc. blog posting. The content richness is not for its own sake, but to convey the vision and share the wisdom. Here is the weekly insight of the “Future of CIO” blog.

The Weekly Insight of the “Future of CIO” Blog 10/15/2015
  • The Triple ‘A’s in Digital IT: Due to the “disruptive” nature of technology and the abundance of information, IT plays a more significant role in business’s digital transformation, because IT is the only entity in the organization supposed to understand business entirely and oversight organizational processes horizontally. IT needs to be able to provide innovative solution or supply a differentiated solution that contributes to both top line growth and the bottom line success of the organization. There is an “alphabetic soup” in running a digital IT which must lead in reaching high-level performance; besides triple “I”s - Information, Innovation, and Integration, here, we introduce the triple “A”s in digital IT.

  • How to Fill Three Leadership Gaps: Competition at the leading edge of business is fierce at the age of digitalization and globalization. Successful companies need to grow and innovate, investing in, and developing the next generation of leadership is one of the best ways to do that. Many studies show that there are significant leadership gaps for high potentials who will be tomorrow’s leaders. The cookie-cutting matching approach more possibly lands a homogeneous follower, can not discover an authentic leader. And traditional talent pipeline is not sufficient enough to select heterogeneous, creative, and character-based leaders who can lead more effectively in today’s digital dynamic and global business setting.

  • Five Aspects in Digital Strategy: Digital strategy is the compass to navigate through the digital transformation journey in organizations today. So it's important to outline the strategic intent and frame the strategy to be understandable and implementable. Otherwise, people's different interpretations yield many unintended consequences. Then, it is vital to actively socialize the strategy to confirm its intent and understandability by those who will guide the implementation. Here are five aspects in crafting and implementing a digital strategy.

  • Vision vs. Strategy: Vision is where or who you want to be and Strategy is how you can achieve or reach your goal. An unclear vision leads to defective strategy. Visions inspire; strategies compel; vision comes first, but sometimes vision appears and gets clear by working on the strategy. A vision describes the desired future position of the company. A strategy is an action or ways chosen to bring about the desired future, such as achievement of a goal.

  • CIO’s Four Views of KPIs: IT is pervasive in any contemporary enterprise today, however, most of IT organizations still get stuck into lower level maturity, with a reputation as a cost center, IT should work with stakeholders to develop KPIs that show how IT is improving business and enforcing business capabilities.Here are four views of KPIs, from IT cost breakdown to IT Performance quadrant; from PMO measure to business capability metrics.

Blogging is not about writing, but about thinking and innovating the new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging. And therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.


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