Thursday, April 6, 2017

The Weekly Insight of the “Future of CIO” 4/7 2017

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

The “Future of CIO” Blog has reached 1.8 million pageviews with 3600+ 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” 4/7/2017
  • Three Characteristics of Digital Ready IT: Organizations today have to become highly responsive, dynamic, and hyperconnected. We have transitioned from an industrial age with the scarcity of knowledge to the digital era with information overloading. A digital business ecosystem is open, fluid, dynamic and energetic because the speed of change is exponentially increasing. IT plays a significant role in such a paradigm shift because information is the lifeblood, and technology is the backbone of the modern organizations, The forward-looking organizations across the industrial sectors claim they are in the information management business. So, how to transform IT from a support function to a digital growth engine, and what are characteristics of digital ready IT?

  • The New Book “Digital Gap” Conclusion: Bridging Gaps to Catalyze Digital Maturity Digital is the new paradigm shift to deeply connect the business with the nature ecosystem. Digital make the business flatter and the world smaller because of its nature of hyper-connectivity and interdependence. On one side, the idea of digital lenses is to help people reach a shared understanding of “see the whole” for solving problems holistically and systematically; on the other side, digital indeed enlarges the thinking and capability gaps because different organizations, functions, and individuals evolve with varying speed. Hence, bridging the multitude of digital gaps is challenging, especially today, many organizations are still operated with the silo mentality and practice the traditional management discipline. Hence, this book “Digital Gaps” intend to throw some light for guiding both digital leaders and professionals today to identify, analyze, and close the multiple digital gaps in a systematic way, and gain an in-depth understanding of the deep, deep digital reality.

  • Building an Ultramodern Board to Lead Digital Transformation At today’s “VUCA” digital dynamic, organizations face both unprecedented opportunities to grow and hyper-competition or great risks to survive. Therefore, the corporate board as the top leadership team and governance body should become the advanced mastermind behind the digital transformation, to envision, inspire, influence, and innovate. Because the substances of leadership are all about vision, change, positive influence, and progression. The spirit comes from the top, an ultramodern board can amplify leadership influence, advance the digital management mentality and lead digital transformation seamlessly.

  • Performance Management vs. Decision Management  Enterprise performance management is about how the organization manages performance— STRATEGIC and OPERATIONAL plans, METRICS, day-to-day decisions structurally. Business decision management is how the organization leverage tools, systems, and people to weigh in varying factors for improving decision effectiveness across the organization. All companies have resource constraints, and that performance management, per definition, is “overhead.” This would imply that there exists a trade-off between the realization of value through formalizing and structuring performance management processes and practices and the attached costs. To strike the right balance between business effectiveness and efficiency, performance management and decision management are interdisciplinary management disciplines which need to go head-in-head in order to improve the overall organizational maturity?

  • Mastering Digital Innovation: From Innovation Fatigue to Innovation Blossom: Digital is the age of innovation. Innovation is the business management capability to transform novel ideas and achieve its business value. And innovation is what leads to differentiation. Due to the hyper-complexity of modern businesses, innovation is essentially about reducing the unnecessary business complexity to tackle the complexities of business dynamic. For many traditional organizations, innovation is still the serendipity, even they work very hard on it, but innovation has a very low success rate. So, what are the root causes of ineffective innovation management, and how to shift from innovation fatigue to innovation blossom?

Blogging is not about writing, but about thinking and innovating 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 the 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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