Tuesday, April 17, 2018

The Monthly CIO Debates Collection & “Digital IT” Tuning: How to Set IT Priority Apr. 2018

Debating is not for stimulating conflicts, but for brainstorming better ways to do things.


Due to the changing nature of technology, IT leadership role also continues to involve & shift the focus, to move up the maturity level. More and more CIOs are requested to take more responsibility and many CIOs present the breadth of leadership competency. The proactive IT debates help IT leaders to brainstorm better ways to do things and improve management capabilities. Here are the monthly CIO debates collections.


                                           

                            How to Set IT Priority


What are the CIO’s Top Priorities for Improving Business Maturity Nowadays, information is the lifeblood of business, and technology is the big brain of the organization, there are so many things on the CIO’s agenda, IT is always in overload mode, and CIOs seem to be always at the hot seat? Therefore, in order to run IT more effectively and efficiently, how shall CIOs prioritize the projects, and what shall be put on the top of the CIO’s agenda?

How can CIOs Set up a prioritization process to survive and thrive from the whirlwind of daily busyness? Business transformation or change initiatives today nearly always involve some form of information and technology. IT should be seen by any business as a digital transformer and focus on setting principles and developing the next practices for improving business effectiveness, efficiency, and performance. If CIOs are going to prepare for the paradigm shift, IT has to create some capacity to make changes, manage a balanced “Run, Grow, and Transform” portfolio. CIOs must act as the “Chief Improvement Officer,” set up a prioritization process to survive and thrive from the whirlwind of daily busyness

CIOs as Chief Improvement Officer: How to Prioritize IT to Get Digital Ready? Nowadays IT organization is like the spinal cord for the organization - integrating various functional abilities to bring out technology-driven business solutions. IT also has to take the multiple responsibilities for “running, growing, and transforming” business. However, the majorities of IT organizations still get stuck at the lower level of maturity, often overloaded and under-delivering. The CIO as the IT leader has to be able to inspire and encourage with his/her vision and generate conviction and enthusiasm for the missions of the company and the IT division, regardless of how exciting or mundane they may be. IT leaders should leverage the limited resources and maximize the talent potential, set the right priority, motivate IT teams to think strategically, do things innovatively, and work closely with customers to provide tailored business solutions and make constantly deliveries.

Setting IT Priorities via Three Lenses of IT Value Index IT is at the crossroad to either transform from a cost center to a value center or become irrelevant in the digital age. There is triangulate value from the different lens in building a more comprehensive and effective IT organization. IT value index has three lenses: Strategic imperative, operational excellence, and business agility. There are also tangible (cost savings efficiency, etc.) and intangible (brand equity, business growth enablement, etc.) components of value. Most IT organizations are overloading and under delivered. So how to set IT priority right to enhance its value proposition and maximize its value delivery?

Book “Digital IT - 100 Q&As” Chapter VI Digital IT Priority Q&As Modern businesses often get trapped into “busyness,” overwhelmed with too many projects or change initiatives, and overloaded with short-term business concerns and continuous digital disruptions. Hence, it is important for IT leaders to set the right priority for improving management effectiveness and organizational maturity. Prioritization starts with a right mindset, to laser focus on the most critical challenge the business needs to overcome and spur healthy debates on how to manage business resources and talent investment effectively via prioritization and optimization.

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