Thursday, August 30, 2018

The Weekly Insight of the “Future of CIO” 8/30/2018

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 4900+ 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.

Monitor the Pulse of Digital Innovation As businesses get more cut-throat in the hyper-connected digital environment, innovation has to become the part of DNA in an organization for delivering unique products or services, improving employee engagement and customer satisfaction. Innovation can occur anywhere in the organization, and frankly, it has to occur in every aspect of the organization. On the other hand, innovation is a means, not an end. If you don't know where you want to go, you are unlikely to get there. Monitoring the innovation pulse of your organization is to help the leadership team make an objective assessment of the business’s innovation capability, as well as how to make the proper adjustment for improving the success rate of innovation management.

Planning is the Earliest Stage of Change Management? Embracing digital is inevitable as that is now part of the reality. In order to lead change and drive digital transformation, organizations should ride above the change curve by making the dynamic and comprehensive planning. Planning is the earliest stage of Change Management. Planning work is about stakeholder engagement and about working to achieve stakeholder ownership of the emerging strategic plan and roadmap. Engaging those who will be impacted by the change and enabling them to be part of shaping their future. That is one of the best ways of tackling change and improve its success rate.

Three “S” to Digitize Boardroom The digital organization is a living thing with the ability to continually change as the world changes and evolves with an intersecting and interacting business ecosystem seamlessly. If a Board is to fulfill its fiduciary responsibilities to its stakeholders, it needs to take a professional and systematic approach for assessing strategy, prioritizing agendas, advising changes, overseeing risks and keeping track of business performance by applying efficient tools. The corporate board is also the mastermind of the digital transformation by focusing on the following three “S.”

The Monthly “Digital Hybridity” Book Tuning: The “Digital Hybridity” Book Summary Aug. 2018 The purpose of the book “Digital Hybridity: How to Strike the Right Balance for Digital Paradigm Shift” is to shed some light on how to strike the right balance of stability and changes; being transactional to keep spinning and being transformational to leap forward for making a seamless digital paradigm shift. Digital organizations should apply the hybrid management approach, focus on building a diverse, networked, and extended modern working environment in which the powerful digital platforms and computing technologies enable seamless conversations, delayer overly rigid organizational hierarchy, inspire idea sharing and brainstorming, and engage employees and partners to achieve the high-performance result.

The CIO as “Chief Innovation Officer”: How to Build a Highly Innovative Team The Digital Era upon us is the age of innovation. Innovation involves new ways of bringing together ideas and resources to create something novel and then transform those novel ideas to achieve the business value. Identification of the novel is only the beginning, the heavy lifting starts as the company starts leveraging talented people, aligns resources and executes these novel ideas effectively. From innovation management perspective, how to build highly innovative teams, inspire creativity and improve the success rate of innovation?

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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