Friday, December 7, 2018

The Monthly “IT Innovation” Book Tuning: Making Some New Twists to Reinvent IT Dec. 2018

It is at the tipping point that top performing companies see IT as an asset, capital, innovation catalyzer and source of business competitive advantage.

Within abundant information and emergent digital technologies, IT is a key component of holistic business mindsets to re-imagine “what is possible” - unleashing business potentials and improving business efficiency, effectiveness, agility, and maturity. The art of possible to reinvent IT in the digital age is to deliver the value of information in helping businesses grow, delight customers and doing more with innovation.

    Making Some New Twists to Reinvent IT

The CIO as “Chief Intrapreneur Officer”: Make Some New Twists to Reinvest IT? The digital world is so technology-driven and information-intensive, IT needs will only expand. The role of IT and that of the CIO is going through significant changes. IT leaders must understand the business from different angles to provide guidance, direction for leading change proactively. The IT department should provide business solutions in the application and adoption of information technology in enablement of business objectives and make some new twists to reinvent IT for getting digital ready.

Running Creative, Persuasive, and Logical IT? Digital transformation represents a break from the past and presents a high level of impact and complexity. With the exponential growth of information and often technology-led digital disruptions, IT is being elevated to the “light power” of the business for identifying business opportunities and obstacles, navigating changes, and climbing the learning curve ahead of the rest of organization. In reality, IT organizations have come a long way from being pure technical specialists to being critical strategic partners for leading business growth and transformation. In fact, it is at the tipping point that top performing companies see IT as an asset, capital, innovation catalyzer and source of business competitive advantage. It’s a strategic imperative for CIOs to run creative, persuasive and logical IT organizations.

How to Keep IT “Fresh” and Get Digital Ready? The majority of IT organizations are perceived as monolithic, isolated, and stereotypical support centers with heavyweight hardware boxes, focus on “keeping the business lights on.” IT running in an industrial mode as a business controller or a restraint no longer fits in the dynamic business circumstances or volatile digital new normal. Digital transformation represents a break from the past, with a high level of impact and complexity. To build IT reputation as the business partner, IT leaders should ask themselves on how to keep IT “Fresh,” and get digital ready.

IT Personalization: How to Run Digital IT with Differentiated Advantage: IT is always at the center of change. The emergence of potential opportunities for exploiting digitization is likely to follow a nonlinear pattern at exponential speed, as the pervasiveness of an organization’s digitization journey increases. IT can no longer just “keep the lights on,” IT leaders need to think strategically and creatively about alternative solutions and ask themselves tough questions about how to personalize IT to gain differentiated business competency.

Running IT as Innovation Glue Nowadays, information is the lifeblood of the business and technologies are the disruptive forces behind digital innovation. The highly innovative organizations depend more heavily on its technological knowledge and IT-enabled capabilities to develop and commercialize innovation. IT is the super glue to weave all important business elements seamlessly for building the unique business competency, manage a balanced innovation portfolio and improve the innovation success rate.

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