Wednesday, May 15, 2019

The Monthly “IT Innovation” Book Tuning: The Multiple Aspects of IT Innovation May 2019

 More often than not, information technology is the disruptive force behind digital innovations, and thus, forward-thinking IT organizations strive to become the innovation hub of the business. 

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.

  The Multiple Aspects of IT Innovation

Three Aspects to Enforce IT Innovation? Innovation, as an individual process or collective processes, is about figuring out the better way to do things; it helps us adapt, improve, grow and integrate. From the business perspective, innovation is the mechanism through which you grow and evolve something to something great with higher value-add or ever breakthrough or something new or better based on a combination or modification of previous attributes or approaches. Businesses, especially the well-established large corporations and within that environment, innovations can range from small to game changers. As more often than not, information technology is the disruptive force behind digital innovations, and thus, forward-thinking IT organizations strive to become the innovation hub of the business. Here are three aspects of enforcing IT innovation and building it into the business competency.

Three Aspects to Understand the Creative Side of IT? IT is well known as an engineering discipline and an isolated back-office function with a set of mysterious hardware boxes to keep the business wheel spinning. With emergent lightweight digital technologies and overwhelming growth of information, IT management shouldn't just practices some transactional activities, it has to discover both the art and science of digital management discipline. Because technology is often the disruptive force of digital transformation, and information could be one of the most time intensive pieces to innovation puzzles.

Explore a Unique Path to Innovate IT? Many companies are at the tipping point for the digital transformation journey, more and more businesses empower their IT to lead changes and catalyze business growth. Due to the overwhelming growth of information and disruptive nature of technologies, IT is at the crossroad, either ride the learning curve and explore a unique path to build differentiated competency, or just keep the lights on only, react to the business’s requests and become irrelevant. Some high-performing IT organizations have moved up its maturity to become the innovation hub and game changer in their companies, how can they make it?

Running IT as Innovative Achiever: Businesses today face numerous challenges, fiery competitions and rapid changes either technologically or economically. Companies across the industrial sector are on the journey of significant transformation. Many IT organizations are at the crossroad to either reinvent themselves or become irrelevant. Every forward-thinking CIO needs to ask themselves and others: Shall we continually be operated as a support center or become a business differentiator? Do we have a harmonized vision about overall IT competency and organizational maturity? Which role should or can IT play in the digital organization to keep it relevant and lift up the organization to the next growth cycle and accelerate business performance?

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.

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