The Monthly “IT Innovation” Book Tuning: Expand IT Innovation Horizon Nov. 2019

Innovation, as an individual process or collective processes, is about figuring out the better way to do things; and helping us adapt, improve, grow, and integrate.

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.

        Expand IT Innovation Horizon 

Three Horizon of IT Innovation Strategy Digital is the age of innovation, with technological advances, businesses large or small have pressure to become more innovative in order to out-beat competition at today’s hyper-competitive business dynamic. And the most popular “digital-flavored” IT is to leverage information to gain business insight and run IT as an innovation engine. But how to connect the dots between innovation and strategy, and how to manage a balanced IT innovation portfolio to improve business efficiency, profitability and long-term business competency?

From Information Management to Innovation Management The majority of IT organizations still get stuck at a lower level of IT maturity as a support center. With overflowing information and overwhelming business changes, IT must change -not just "keep the lights on," but more focus on information and innovation management. What are the logical steps should IT take, and how to manage a balanced innovation portfolio to maximize the business value and improve business performance?

Running IT as Innovation Threshold Digital is the age of innovation. Innovation management is about transforming new ideas to achieve their business value. Innovation is what leads to differentiation. When looking at businesses or organizations, any innovation practice today is always a combination of people, process, and technology. The most powerful innovation navigation system involves tapping the organization's ecosystem for collective perspectives and knitting all critical business elements such as people, process, and technology into differentiated innovation competency in which IT is the threshold.

Creating Paradigm Shift for Reinventing IT Embracing digital is inevitable as that is now part of the business venture. Walking the digital talks is a broader and longer journey with many leaps and jumps, bumps and curves. IT is the threshold of going digital, CIOs will continue to be put on the front line to run IT as a change agent. They need to really understand the vision and strategy of the business and synchronize with those strategic goals, create a paradigm shift for reinventing IT as the change agent and innovation engine of the business.

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.

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