Thursday, August 10, 2017

The Weekly Insight of the “Future of CIO” 8/11/2017

Blogging is not about writing, but about thinking, brainstorming, innovating and sharing.
The “Future of CIO” Blog has reached 2 million page views with 3900+ 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” 8/11/2017
  • Three Aspects of IT Management Quality Check Organizational excellence is achieved via delivering qualified products or services and continuously improving business performance. Quality is defined by a number of factors such as efficiency, effectiveness, flexibility, innovation, or maturity, as a degree of quality is in everything people do and experience. IT management quality directly impacts the entire business’s quality,  competency and resilience, surviving and thriving capability. Hence, CIOs should do the periodic IT management quality check which includes to make an objective assessment of IT effectiveness, efficiency, speed, scalability, flexibility, resilience, etc, to ensure its performance and maturity, and the overall digital fitness of IT organization.

  • The Monthly “Digitizing Boardroom” Book Tuning: The Digital Board Director Personas Aug. 2017: Modern corporate boards play significant roles in guiding businesses toward the right direction and achieve expected business results. Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. Here is a set of Digital Board director’s personas.

  • The Monthly “Unpuzzling Innovation” Book Tuning: The Success Factors in Innovation Management Aug. 2017: Digital is the age of innovation. And innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. Talking of innovation is not new nowadays, everybody, every organization now is talking about innovation. It's been at or near the top of the business or economics agenda for a long time. However, there’re a lot of confusions about innovation and there is no magic sauce to guarantee its success. Back to basic, what is innovation, the more you look into this topic, the more difficult to give a definition of innovation, as it is such a broad topic? One of the good definitions of innovation is: "to transform the novel ideas into commercial success.” In essence, innovation is, "intentional novelty bringing sustainable benefit."

  • Apply Holistic Management for Driving Digital Transformation Over the last couple of decades, businesses have been faced with increasingly complex and pressing problem-situations, embedded in interconnected business ecosystems operating in dynamically changing environments. In addressing these problem situations and working with their relevant systems, business leaders and managers have learned to recognize the limitations of the perspectives, methodologies, and tools of the traditional scientific orientation and management discipline. Digital implies the always on and hyper-connected business nature with "VUA" characteristics. Thus, management innovation becomes inevitable. Holistic management (a Greek word meaning all, whole, entire, total) is about applying Systems Thinking to manage resources, recognizing initiatives which take a comprehensive, anticipatory, and design approach to radically advance human well-being and the health of business ecosystems. But more specifically, how to apply holistic management for driving digital transformation?

  • Five Strategic Thinking Principles  Strategic thinking is about starting the end in mind. Being able to think strategically is a digital thinking skill that perhaps not everyone has, but it is critical to be future oriented and make a progressive movement. There are definitely people who are more operational than strategic. Statistically, only 5% of the population is nature strategic thinker. Here are five strategic thinking principles.

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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