Monday, June 29, 2020

The Monthly “Change Agent CIO” Book Tuning: Business Driven IT Transformation June 2020

 A digital CIO has to have great leadership traits, understand the business context, oversee processes, envision the latest technology trends, and motivate the IT team to do more with innovation.

Change is inevitable, organizational change has become a common practice within an organization, but too often changes are made as a reaction to outer impulses, crises, and demands. This is the bureaucracy’s way of meeting the challenges.

A digital transformation is achieved via dynamic Strategy-Execution-Change life-cycle management, though it is not all linear steps, but an iterative, ongoing, and up-going change continuum. What are digital CIO’s profiles and how to reboot IT to get digital ready and cultivate the culture of learning and innovating?


Business Driven IT Transformation


Running a Business-Driven Digital IT Organization At today’s information-driven business dynamic, IT continues to grow in importance to organizations, both operationally and as a competitive advantage. To reinvent IT for getting digital ready, the IT organization has to move from a reactive order taker and a back-office support function to a strategic business partner and digital catalyst. It is important to run a business-driven digital IT organization with interdisciplinary management practices for moving the company to a dynamic, iterative, integral, and interactive digital flow and business continuum.

The Goal-Driven IT Transformation The digital world is so technology-driven and information-intensive, organizations rely more and more on information & technology nowadays, IT needs will only expand. Hence, IT must be a business partner within the organization to deliver business-driven results. A digital CIO has to have great leadership traits, understand the business context, oversee business processes, envision the latest technology trends, and motivate the IT team to do more with innovation. And most importantly, take a systematic approach to manage the goal-driven IT transformation seamlessly.

Running a Future-Driven IT Organization to Catalyze Growth Organizations large or small are on the digital journey, corporate IT needs to shift from a back-office support center to a future-driven growth engine. Because more often information is the lifeblood and technology is the disruptive force of digital transformation.

Modern IT organizations with Three Digital Competency IT plays a significant role in the digital paradigm shift. The unprecedented opportunities brought by digital technologies and increasing speed of change can lift up a fast-growing business promptly. It can also reinvent a well-established organization to reach the next level of the business growth cycle. The CIO must run a modern IT organization with core competency. A core competency is a harmonization of multiple organizational capabilities underpinned by business processes, such that it permeates the entire organization with a focus, and in alignment with the resource-based view. Here are modern IT organizations' three digital competencies.

Transforming IT from Monolithic Hardware Oriented to Mosaic Software Driven With overwhelming growth of information and rapid changes, the role of IT in the current business environment should become strategic, enable business outcomes, build organizational competency, and catalyze business growth. IT leaders need to make an objective assessment: What’s the focal point of IT- monolithic hardware-oriented, or the bits & bytes information-driven? Inside-out operation-driven or outside-in customer-centric? Transaction or transformation focus?

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