Wednesday, August 29, 2018

The CIO’s Provocative, Sophisticated, and innovative Role in the Digital Business Future Orientation

Future orientation should help you prepare to meet what's coming!

Metaphorically, a digital organization is an organism - the "cells" are its people. It is living. The blood is the information which flows. Digital transformation isn’t just an extension of continuous improvement of the current business, but a quantum leap with radical change. Digital CIOs play the provocative, sophisticated and innovative role in the digital business future orientation which is the ability to identify, interpret, and lead change in the dynamic business environment, leverage information to trigger adequate responses to ensure the business’s survival and long-term success.

A provocative CIO
: Fundamentally, organizations should spend more time looking forward - looking ahead in order to be more proactive - to anticipate. With the faster pace of changes, future orientation is part of the foundation of running a successful digital organization. In reality, far too many organizations have tended toward being “reactive,” not “proactive.” Thus, they often miss the opportunities to the business growth or lag the speed of the marketing change. Digital transformation starts with the realization that where you are currently no longer can deliver the business goals and reach the long-term business vision of your company and your shareholders. IT organization is the linchpin of the digitalization. Business-engaged CIO is a trustful leader to run a proactive IT and keeps navigating during rough sea. CIOs should be totally involved and participate in the strategic decisions of upper management and be proactive, build a comprehensive change agenda and have access to both internal and external resources to achieve the desired ROI. No person is perfect, neither is the organization. Mistake are made; its strength, its character, or its sustainability is determined to a large extent by its capability to “recover” and move forward. Digital leaders today must think ahead, be prepared for the challenges on the way, enforce IT-business communication and collaboration in order to lead change steadfastly.

A sophisticated CIO:
With the unprecedented complexity and uncertainty facing businesses today, the digital CIO is the sophisticated role in leveraging multidimensional thinking to make sound judgments, applying the multidisciplinary IT management disciplines to build the business competency, and take an integrated approach for dynamic business planning and actions. The top priority of the CIO’s leadership agenda is based on the rough estimation of what the future conditions of business execution would be. CIOs should provide a comprehensive technological vision and the business oversight as IT is increasingly supportive of the competitive position of the business and solving the complex business problems holistically. The CIO’s role is sophisticated because often you need to dig deeper, and make an objective assessment of underlying business functions and processes, and look for something “hidden,” which is not always obvious. You don’t just accidentally find it, but take a structural approach to both identify the problems and solve them right. CIOs should also educate the business to gain an in-depth understanding of the technical complexity behind the scene, as well as the potential opportunities and risks. It requires profound leadership and cohesive management practices.

An innovative CIO: Reimaging the future of business is exciting, but investigating the different path for unlocking business performance and steering change is a journey. Innovative CIOs appreciate digital transformation because it brings an abundance of opportunities for business growth. The CIO needs to be engaged, and at the most senior levels to help influence and shape the business of the future. An innovative CIO plays a unique role for future orientation and making a leap of digitalization. Technology changes so quickly and information grows overwhelmingly, you must first be aware of new technology before you can learn to apply it to the business. Because technology is often the disruptive force behind changes and information is one of the most invaluable business assets, IT needs to be like the light power telling the business about the opportunities and possibilities and that means IT needs to really understand the goals of the business and synchronize with business goals. CIOs generally have a greater opportunity to stand out and take a lead in driving innovation across their companies. They look for every opportunity from risks; besides managing risks with every opportunity.

The only problem about the future is that it is usually here before we are ready for it. Future orientation should help you prepare to meet what's coming! Leadership is about bridging today and future, to know oneself is necessary to understand the filters and the bias. Thus, CIOs must be the open-minded leader to predict and plan for the future by applying a range of techniques, drawing from the experience and expertise of those around them, crafting and casting the vision for orchestrating the digital organization effortlessly.

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