Thursday, November 5, 2020

Insight of the Week 10/30 - 11/6 “Future of CIO” Nov. 2020

 Blogging is not about writing, but about thinking, brainstorming, innovating and sharing.


The “Future of CIO” Blog has reached 5 million page views with 7200+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. 

The Digital Master” book series includes 28 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making to businesses and society. The content richness is not for its own sake, but to convey the vision and share the wisdom. Here is the weekly insight of digital leadership, IT Management, and Talent Management.


Business Planning & Intelligence Today’s digital business environment is dynamic, complex, and uncertain. There are always different complexities at a different time or dimension. A business plan outlines the preferred course of action, providing direction and setting goals. As the old saying goes, the plan is nothing, but planning is everything. The business context keeps changing constantly, so plans will need to be revised constantly. With high velocity and frequent digital disruptions, if planned in detail is as far ahead as the end state, much planning time and effort will be wasted. Scientific planning leverages data-based predictive analytics, business architecture as a planning tool, and different tools & mechanisms to deal with a horizontal scanning environment, set important guidelines, and enable the organization to make strategic choices consistently.

Innovation-Led Digital Transformation Due to rapid change and continuous disruptions, companies have huge pressures to survive and thrive in today’s hyper competitive economic dynamic. To be a highly functional and adaptive organizational system, innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. Fundamentally, innovation is all about figuring out the better way to solve problems and pursue truth. In the rapidly evolving business and economic systems, innovation management is very complex but critical for the firm’s survival and thriving. In fact, forward-thinking companies encourage “out-of-box” thinking and make innovation-led digital transformation proactively.

Capability Development Deployment via Asking "Who, What and How” Organizations across vertical sectors are on the journey to make digital transformation. Transformational capability creates something new out of something old, for reaching the new horizon out of an existing vision. Organizations across vertical sectors need to discover their “innate strength,” do enterprise capability mapping to streamline strategy management, understand relationships or dependencies between different capabilities, recognize their people with high competency, and make an objective assessment of their business capability maturity. In specific, business capability development answers questions such as ‘who,’ ‘what’ and ‘how,’ etc., to clarify its coherence, build core business competency, and improve organizational maturity.

Knowing Varying Causes of Business Deficiencies With rapid changes and exponential growth of information, businesses today need nothing less than a paradigm shift in their thinking about the fundamentals of how organizations work, predict the emerging opportunities and risks, know the varying causes of business deficiencies, to drive progress changes, with the goal to build an ever-evolving, hyperconnected and highly energetic digital organization.

Best “Understanding” Quotes of “Digital Master” Oct, 2020 "Digital Master is the series of guidebooks (28+ books) to perceive the multi-faceted impact digital is making to the businesses and society, help forward-thinking organizations navigate through the journey in a systematic way, and avoid “rogue digital.” It perceives the emergent trends of digital leadership, advises on how to run a digital organization to unleash its full potential and improve agility, maturity, and provide insight about Change Management. It also instructs the digital workforce on how to shape a game-changing digital mindset and build the right set of digital capabilities to compete for the future. Here is a set of “Understanding” quotes (v) in “Digital Master.

Blogging is not about writing, but about thinking about 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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