Thursday, April 26, 2018

The Weekly Insight of the “Future of CIO” 4/27/2018

Blogging is not about writing, but about thinking, brainstorming, innovating and sharing.
The “Future of CIO” Blog has reached 2.5 million page views with 4600+ 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.

CIOs as “Chief Interpretation Officer”: How to Improve Communication Effectiveness The magic “I” in the title of CIO has many indications, such as Chief Information Officer,” “Chief Innovation Officer,” “Chief Influence Officer,” etc. Communications sometimes seem like an oxymoron. As we move from applying technology as a vehicle to maximize efficiency and minimize costs to leveraging technology as an enabler and catalyzer of totally new business models, to maximize business potential, forward-thinking organizations empower their IT to lead the digital transformation proactively. Therefore, CIOs need to become “Chief Interpretation Officer,” to bridge the communication gap between business and IT and improve digital leadership maturity.

The BOD's Three Oversights of Digital Transformation The beauty of the digital landscape is the fresh insight of business. The digital paradigm is an emerging ecosystem of principles, policies, and practices that set limits or boundaries, also offer the guidance for problem-solving or creating something new under the digital rules, keep information flow and achieve a state of dynamic balance. An effective board enables and directs management towards good outcomes, and ensure the business is on the right track to reach well-defined business goals. What are important oversights the board can offer about digital transformation, and what are the possible governance methods, techniques, structures, etc, help to improve the boardroom effectiveness?

Five Stages of Digitalization "Digitalization represents the next stage of business maturity which will improve how the enterprise works and interacts with its ecosystem. During the journey, there are many accumulated steps from doing digital to going digital to being digital. Companies need to take the journey with logical steps, embed digital into the very fabric of the business and laser focus on the most important things to get business digital ready.

Climbing Up the Digital Pyramids to Improve Organizational Maturity Today’s organization simply just can’t stand still. Digital transformation is a journey rather than a destination. It starts with the realization that where you are currently no longer can deliver the business vision and objective of success for your company and your shareholders, especially for the long term. Bridging the 'gap of opportunity' between where you are and want to become is a welcomed challenge. Digitalization is not the flat road. It is the journey with many accumulated steps to climbing up the digital pyramids from doing digital to going digital to being digital.

How can CIOs Shift their Focus to Avoid Becoming “Chief Irrelevant Officer” More often than not, technology is the catalyst for driving business change and digital transformation, information is the lifeblood of businesses. The expectations for CIO have grown multi-fold, and they are expected to be visionary and path-finder for organizational strategy and growth. How should CIO shift their focus to improve leadership effectiveness and how can CIOs prioritize the limited time and resources to ascend IT maturity

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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