Thursday, September 5, 2019

The Weekly Insight of the “Future of CIO” 9/5/2019

Blogging is not about writing, but about thinking, brainstorming, innovating and sharing.

"The “Future of CIO” Blog has reached 3 million page views with 5900+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The “Digital Master book series includes 28 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making to the businesses and society. 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.

Three Characteristics of Information Management System A system is a group of interacting, interrelated, or interdependent elements forming a complex whole. A system has a purpose to perform a set of functions to achieve well-defined goals. A system which is composed of interacting and interdependent pieces has a specific structure which is defined by its components and processes - the interrelationship between components. Managing information and the information position of an organization is what ought to be called Information Management. Information Management is a system with interdependent processes, technologies, and a set of interdisciplinary practices for moving the business to a dynamic, iterative, integral and interactive digital flow.

What’s Inside the BoD’s Tool Box Due to the “VUCA” characteristics -complexity, uncertainty, ambiguity and velocity of the digital era, the directorship in any organization becomes more critical and challenging. The purpose of the governing body, or board of directors, is to direct the organization in the right direction, practice governance discipline, and monitor its performance. Corporate governance is to make sure that management is doing its job properly. The corporate board needs to shift from reactive to active and proactive mode for adapting to the dynamic business environment with continuous disruptions. To improve the directorship effectiveness, what’re supposed to be inside the board of directors’ toolbox to enforce its governance discipline?

People-centric Innovation Nowadays the business ecosystem is so hyper-connected and interdependent, people all over the world can share information, co-develop new knowledge and co-create fresh ideas. Innovation management today is interdisciplinary, people-centric, and involves applied science (engineering), art (design), cognition (psychology), social norms (culture) and group behavior (sociology), etc. Being people-centric is a transcendent digital trait and the core of innovation.

Five Facets of Strategic CIOs With the increasing pace of changes and fast-growing information, clearly, the role of IT is at the inflection point to go through significant changes. IT shouldn’t be just satisfied with the surviving mode, it has to be thriving. How well an IT organization can adapt to the dynamic environment directly affects the future of the business significantly. The CIO is not just a tactical manager, but a strategic business leader with multidimensional thinking competencies and multifaceted perspectives.

The Monthly “100 IT CHARMS” Book Tuning: The Characteristics of IT Maturity Aug. 2019 The purpose of the book “100 IT Charms: Running Versatile IT to get Digital Ready“ is to articulate different flavors of digital IT organizations and brainstorm the best and next practices for running highly innovative and high-performance IT. Digital charm is not based on the style presented on the surface but on a set of unique competencies to make IT shine through as a business differentiator.

Blogging is not about writing, but about thinking about 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 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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