Tuesday, November 8, 2016

The New Book “IT Innovation” Introduction Chapter 5 Accelerate IT on the Fast Lane

IT is an enabler and catalyzer for the business to reach the era of radical digital.

With the increasing speed of changes and continuous digital disruption, IT has to adapt to changes in faster and proactive ways; and more often, IT has to drive changes and plays a pivotal role in the digital transformation, focus on the fastest speed available, because that is where the main threat to competitiveness. It is about running IT as a business accelerator to catalyze growth and improve organizational agility.

High-response to changes: Running IT on the fast lane means to speed up the organizational vehicle. Due to the unique position to oversee business processes, IT plays an important role in building up a high-performing digital organization which can succeed in combining two distinct but interconnected elements: strategic responsiveness and organizational flexibility, with the combination of an innovative culture that promotes responsiveness throughout the company. IT has to not only improve its own speed, but also overall organizational agility. The type of speed issues such as IT slows to change comes from gaps created between IT and the rest of the company. To mind the gap, CIOs need to work closely with the business partners, take business problems, find solutions for them, increase value propositions, simplify operations and be better partners with the rest of the organizations.

Streamline information flowing across functional boundaries: Information and technology catalyze today’s digital businesses. Information brings about business ideas and insight; business ideas generate lots of information. It is so critical to streamlining information flow across functional boundaries because fundamentally, information management is to make sure that the right information is in the right place at the right time and shared to the right persons. This information is open to interpretation according to the level of knowledge one has. IT as a business enabler and catalyzer should achieve such business objectives, gain a pervasive appreciation throughout the enterprise, particularly executive-level management.

Setting priorities to solve the problems and accelerate digital transformation: More and more organizations are at the strategic inflection point of the digital transformation. It is the broader and longer journey with many leaps and jumps, bumps and curves, perils and pitfalls on the way. It implies the full-scale changes in the way the business is conducted, such as mindset, talent, skills, processes, technologies. IT plays an important role in interpreting business issues into a technology solution. Also, leverage the necessary resources to solve them. And more broadly, IT can weave all necessary business elements, either hard or soft, to orchestrate a digital symphony. IT is an enabler and catalyzer for the business to reach the era of radical digital.

IT is an accelerator for speeding up the business. It’s about applying information and technology to enhance productivity, efficiency, agility, and maturity; uncover customer insights, predict business trends, catalyze innovations, create new business models. IT can run with full speed without too many distractions and misunderstanding. It is a continuous journey to adapting to today’s fast-changing and dynamic digital ecosystem.

"IT Innovation" Book Introduction

"IT Innovation" Book Presentation Slideshare

"IT Innovation" Book Chapter 1 Introduction -Reinvent IT as an Innovation Hub

"IT Innovation" Book Chapter 2 Introduction - Reimagine IT as an Innovative Outlier

"IT Innovation" Book Chapter 3 Introduction - Renovate Hybrid IT and a Digital Organization

"IT Innovation" Book Chapter 4 Introduction - Fine Tune IT as the "Digital Whole Brain" of the Organization
"IT Innovation" Book Chapter 5 Introduction - Accelerate IT at the Fast Lane
"IT Innovation" Book Chapter 6 Introduction - Rebuild IT as Digital Capability Multiplier
"IT Innovation" Book Chapter 7 Introduction - Empower IT as Digital Change Agent
"IT Innovation" Book Chapter 8 Introduction -Run a Highly Innovative Digital Ready IT Organization
"IT Innovation" Book Chapter 9 - The Alphabetic Elements in Digital Innovation and IT Maturity
"IT Innovation" Book Conclusion - The Art of Possible - From Transactional IT to Transformational IT
"IT Innovation" Book Quote Collection I
"IT Innovation" Book Quote Collection II
"IT Innovation" Book Quote Collection III


Post a Comment