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The “Future of CIO” Blog has reached 1.1+ million page views with about #2271th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. 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 10/23/15.
The Weekly Insight of the “Future of CIO” Blog 10/23/2015
- How Capable is your Organization Handling Changes: Change becomes fundamentally difficult in most organizations because it is treated as something distinct from running the business, evolving performance and increasing results over time. Leaders and employees are stressed enough in getting done what is right in front of them that change is layered upon becomes disruptive. However, the accelerating speed of change, the volatile and uncertain business environment make a change as an ongoing capability organizations must master, so in which aspects the business should focus on to building its change ‘muscles’?
- Is Innovation Management a Waste: Innovation is to transform the novel ideas to achieve its business value. Innovation is not just about ideas or exchanging ideas, based on most of innovation models, idea creation is only one step of the innovation process. Therefore, in a basic view, innovation is a process and every process needs to be managed. But what’s the best approach to managing innovation? And there is the deduced question: Can you transform an idea into sustainable benefit without IM?
- Strategy Planning vs. Strategy Management: Strategic planning is the process of determining the strategy and how it will be implemented. Strategic management is the continuous planning, analysis, monitoring, and assessment of all that is necessary for an organization to meet its visions, missions, goals, and objectives. Strategic management can include strategic planning but also includes the actual implementation, evaluation, and modification of the strategy. There is absolutely no doubt that many people use the terms very imprecisely and that often blurs the lines between the words and results in confusion. In more detail, what are the differences between strategic planning and strategic management?
- Three “P”s in Running a Digital IT: IT organizations are facing the significant digital transformation, perhaps cross-roads is an appropriate word to articulate IT position since IT seems to fall into two camps. The first is in the reactive mode to keep the light on, and take command from business, but not on the "go to" list for implementing the strategy. The latter is the proactive mode to co-create business strategy and provide business solutions (not just IT initiatives) to achieve ultimate business goals. There is an “alphabetic soup” in running digital IT which must lead in reaching high-level performance and maturity; besides triple “I”s - Information, Innovation, and Integration, triple “A”s - Automation, Analysis, and Agility, triple “C”s - Change, Collaboration, and Cloudification. Here, we introduce the triple “P”s in digital IT.
- The Digital Culture like “AGUA”: Every organization has a culture - defined or not. Organizational culture is the collective mindset, attitudes, and the set of behaviors, expectations, and assumptions that people have for "how things are around here." The culture of an organization is comprised of many intricate and interconnected parts, including corporate strategy and related strategic goals, job roles, business processes, core values, communications practices, corporate attitudes and business policies. Culture therefore is or ought to be very dynamic, changes constantly - like water with the following characteristics...
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