The “Future of CIO” Blog has reached 1.8 million page views with 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. Here is the weekly insight about digital leadership, IT Management, and Talent Management.
The Weekly Insight of the “Future of CIO” 3/23/2017
- The New Book Introduction: “Digital Gaps: Bridging Multiple Gaps to Run Cohesive Business” We are at the age of digital dawn; hyper-connectivity is one of the most critical digital characteristics which make the business holistic and the world smaller. Digitalization implies the full-scale changes in the way business is conducted so that simply adopting a new digital technology is insufficient. You have to transform the company's underlying functions and organization as a whole with adjusted digital speed. Otherwise, companies may begin a decline from its previous good performance. However, many business managers today still apply old silo management mindsets to new ways of leading changes, create the multitude of gaps blocking the way of the radical digital transformation. Being divided by so many chasms across leadership, management, and innovation, etc., organizations lose their collaborative advantage as they are being over managed and under led, remain disconnected, hoard knowledge, decrease effectiveness, and do not have the competence to collaborate in the long term.
- How to Set Right Priorities for IT Digital transformation: With increasing speed of changes and overwhelming growth of information, IT can no longer keep static to run as a support function only. Today's IT plays a more crucial role in discovering a path to strategy building, implementation, and innovation. Business/IT leaders should also realize the breakthrough success in digital businesses requires not only forward-thinking strategies but also having a step-wise approach. But more specifically, how to set the right priorities for making a digital transformation of the company?
- A Philosophical Digital Board The shift to digital cuts across sectors, geographies and leadership roles. The digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. In fact, Digital Era opens the new chapter of human progress; and philosophy is the compass of human civilization. Digital philosophy is simply in pursuit of a holistic understanding of the hyperconnected digital business world and discovering the better way to do things. The function of the corporate board, as the top leadership team and governance body, should like the digital compass to steer the business towards the right direction. So, how can BoDs apply philosophical digital principles to lead changes, and drive business transformation seamlessly?
- The Ecosystem View of Business Capability Building and Digital Transformation Digital transformation is the paradigm shift. Adopting a different paradigm is like changing the glasses and new possibilities continue to emerge. Those who look through the lens of the previous industrial era see their own reality very differently from those who leverage the lens that the new era has crafted. Due to the hyperconnected digital reality, you have to gain the interdisciplinary understanding via the multitude of dimensions (socio-cultural, socio-technical, socio-economic, organizational, scientific, philosophical, the psychological, the artistic, etc), and to catalyze changes and accelerate digitalization, you have to embrace the holistic ecosystem view of capability building and digital transformation.
- Running Digital IT with Triple-Speed Traditional IT organizations are often perceived as the controller which is slow to change and gets stuck in the lower level of maturity, as a reactive order taker. The type of speed issues in these IT organizations come from gaps created between IT and the rest of the company and IT leadership focus - being transactional or transformational? With the exponential growth of information and increasing pace of changes, IT simply cannot sit still, it has to adapt to changes with the multitude of speed, run, grow, and transformation accordingly. IT effects in radical digital to reach digital premium is to become the business solutionary and change agent for driving digital transformation proactively and achieving the ultimate goal of building a high-responsive, high-effective, and high-performance digital organization.
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