Sunday, March 3, 2019

The Monthly “IT Innovation” Book Tuning: Running IT as Innovation Integrator Mar. 2019

IT is being used more and more around the globe for revenue generating initiatives and built as an innovation integrator. 

Within abundant information and emergent digital technologies, IT is a key component of holistic business mindset 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.


  Running IT as an Innovation Integrator


Running IT as Innovation Integrator? With the overwhelming growth of data and increasing pace of changes, often, information is the most time intensive piece of innovation, and technology is the disruptive force behind changes. The essence of innovation is made of trying new combinations of known things and shape a problem-solving process of deduction to derive a better solution drawing from knowledge, information & technology, experience, and out-of-the-box creativity. Digital innovation has an expanded spectrum and a broader perspective. It's important to develop IT as an innovation integrator that provides sustained competitive business advantage in the long run.

Running IT as the “Center of Possibility”? IT continues to grow in importance to organizations, both operationally and as a competitive advantage. To keep IT relevant, IT management shouldn't just practice some transactional activities or act as a controller only. It has to explore both the art and the science of digital management discipline, run IT organization as the “center of possibility,” to accelerate its performance and unlock business potential.

The Uniqueness of Digital IT? At the dawn of the digital era, with rapid changes and exponential growth of information, IT is no longer just that monolithic support function which is hidden behind; on the opposite, it continues to grow in importance to organizations, both operationally and as a competitive advantage. The role of CIO is unique because every CIO is different and whatever the management team needs or wants at the time out of the CIO will also be different, and by type of business needs will be different as well. More specifically, what’s the uniqueness of digital IT and how to run IT as a business differentiator?

Running IT as an Innovation Hub: IT is omnipresent and permeated into every corner of the organization. Forward-looking organizations are also reinventing IT reputation from a cost center to a value creator, from a static support function to a dynamic change agent; and from inside-out operation driven to outside-in customer-centric. To put simply, how can IT build differentiated capabilities to become an information power center and an innovation engine?

Running IT as Business in the Business by Taking Innovative Approach
The digital world is so data-driven and information-intensive. Organizations rely more and more on technology, technology needs will only expand. IT is being used more and more around the globe for revenue generating initiatives and the business is becoming IT. IT has also to be run as the business in the business by taking varying innovative approaches.

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