Wednesday, February 8, 2017

The Monthly “IT Innovation” Book Tuning Feb. 2017

Digital is the age of innovation. And innovation is what leads to differentiation.

IT plays a significant role in managing information-knowledge-insight cycle and fostering innovation by leveraging disruptive technologies and enriched information flow. But more specifically, how can IT build differentiated capabilities to become an information power center and an innovation hub? The purpose of “IT innovation - Reinvent IT for the Digital Age” is to help business and IT leaders and digital professionals ride above the learning curve, reinvent IT as an innovation hub and game changer; reimagine IT as an innovation outlier; renovate a hybrid IT and digital organization; fine-tune IT as the digital whole brain of the organization; accelerate IT on the fast lane, rebuild IT as the business capability multiplier; empower IT as a digital change agent; and leverage the “alphabetic elements” to run a highly innovative IT organization for the digital age.


          “IT Innovation” Book Tuning

Where are the Innovation Hot Spots? Digital is the age of innovation. And innovation is what leads to differentiation. Different organizations have their own “innovation strength.” There are many ways to differentiate and, therefore, there are many ways to pursue innovation. The innovation-generating organization depends more heavily on its technological knowledge and market capabilities to develop and commercialize innovations; the innovation-adopting organization relies more on its managerial and organizational capabilities to select and assimilate innovations. IT organizations strive to become the innovation hub of the businesses, CIOs as Chief Innovation Officer: Where are the innovation hot spots and can you identify them?


Running IT as an Innovation Hub IT is omnipresent and permeated into every corner of the organization. Forward-looking organizations are also reinventing IT reputation from a cost center to a value creator, from a static support function to a dynamic change agent; and from inside-out operation driven to outside-in customer-centric. To put simply, how can IT build differentiated capabilities to become an information power center and an innovation engine.


Three Silo Effects to Stifle IT Innovation? Forward-looking organizations are reimagining the digital potential of IT and reinventing IT reputation from a cost center to an innovation engine. However, the majority of IT organizations still get stuck at the lower level of maturity, running as a siloed function. Despite the mountain of evidence pointing the detrimental effects of these silos, they still seem to be quite common in the organization. What are the root causes to silos? Are silos a mere product of organizational design? Or is their nature tied to human nature? What are silo effects which stifle innovation, and downgrade IT effectiveness and performance? What would be some ideas to assist in breaking down silos in an organization where they are present?


How does IT handle investigations of innovative business solutions? IT plays a critical role in building business competency. IT has itself transformed to creating a new competitive advantage via building new products, new services and delivering tailored business solutions. But many of today’s C-suites are unaware of what is technologically possible now or in the future. Digital is the age of options, it provides the opportunity to think the new way to do things, so it forces IT leaders to get really creative on how they architect and implement change, and how IT handles investigation of innovative business solutions, to change the business’s perception, reinvent its tarnished reputation and improve the overall business maturity.


A set of Q&As (X) Dealing with IT Innovation Paradox Modern CIOs face many challenges, it is not sufficient to only keep the lights 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 and take advantage of the emergent digital trend as well; digital CIOs also have multiple personas, “Chief Innovation Officer,” “Chief Insight Officer,” “Chief Improvement Officer,” “Chief Information Officer,” and here, we discuss CIOs as “Chief Inquisitive Officer,” with a set of Q&As to lead digital transformation.


The “Future of CIO” Blog has reached 1.7 million page views with about 3500+ 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. Blogging is not about writing, but about thinking; 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 the time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.




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