Thursday, July 19, 2018

The Weekly Insight of the “Future of CIO” 7/19/2018

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 4800+ 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 of digital leadership, IT Management, and Talent Management.

The Digital CIO’s Journey: How to Manage IT in the RIGHT Way The exponential growth of information and emerging lightweight technologies provide the new opportunities for the business to pursue innovation and catalyze business growth. The business must begin to see IT, not just a business enabler, but a digital accelerator and game changer. Digital CIOs will need to deal with the dramatically increasing complexity, the multidimensional diversity, and multifaceted change. It is the thorny journey to manage IT in the RIGHT way and leap the business to the next growth cycle for getting digital ready.

The Monthly “Digital Boardroom: 100 Q&As” Book Tuning: The Vision Inquiries in the Boardroom July 2018 Modern corporate boards play significant roles in guiding businesses in 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 the monthly “Digital Boardroom” summary of the digital board’s leadership inquiries.

Three Perspectives for CIOs to Stand out as the Top Digital Leader? As we all know that the only "Certainty" or a "Constant" is "CHANGE." Business is only an extended part of our life and all businesses have to accept change to survive. Organizations rely more and more on technologies; the IT department has more to overcome in streamlining information flow and running at digital speed. Thus, CIOs generally have greater opportunities to stand out as the top business executive and take the digital leadership role in creating business value across their companies and drive digitalization steadfastly.

Running a High-Performance Digital Organization with High Accountability? The digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. It blurs the geographical, functional, organizational, and even industrial borders nowadays. Traditional hierarchical lines will phase out and a collective of business partners will emerge working collaboratively to set digital strategy and achieve organizational goals collaboratively. Digital organizations inspire learning and encourage autonomy. It is important to run a high-performance business with shared accountability or collective accountability that involves shared ownership, empathetic communication, and continuous improvement.

Retrosynthesis: Lead Innovation Forward and Manage Innovation Backward Innovation is the management process of converting novel ideas to achieve their business value. In the digital era, innovation is more science than art and should be managed systematically. What defines science from chance is the ability to repeat a process with the same resultant solution every time, through the application of known facts. Due to the complex business dynamic today, digital innovation management is the cross-management discipline which stands in between management, economy, psychology, sociology, entrepreneurship, and law, not speaking about disciplines that are related to knowledge transfer or technologies implemented by the particular innovation. Innovation is about making progress or advancement, but innovation management sometimes needs to trace backward. There are both innovation paradox and dilemmas that innovation leaders must deal with in order to overcome the challenges.

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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