Saturday, July 11, 2020

The Monthly CIO Debates Collection & “Digital IT” Book Tuning: Are You Running IT as a RainMaker July 2020

Debating is not for stimulating conflicts, but for brainstorming better ways to do things.

Due to the changing nature of technology, IT leadership roles also continue to involve & shift the focus, to move up the maturity level. More and more CIOs are requested to take more responsibility and many CIOs present the breadth of leadership competency.

The proactive IT debates help IT leaders to brainstorm better ways to do things and improve management capabilities. Here are the monthly CIO debates collections about envisioning digital IT leadership and running high-performance digital IT organizations.



               Are You Running IT as a RainMaker … 



Are you Running IT Organization as a “Magic” or a Trendsetter? IT plays a critical role in modern businesses today, however, most business leaders and professionals lack the in-depth understanding of IT organizations, often time, the “magic” thinking of IT is one of the root causes to divide business and IT and create gaps for digital transformation. In practice, digital IT organization needs to become an integral part of the high mature digital company, to gain competitive advantage or differentiated capability for the business’s growth. To improve IT maturity, CIOs should ask themselves: Are you running an IT organization as a “Magic,” or a “trendsetter”?

How to Run Digital IT as a Revenue Rain Maker Traditional IT organizations are perceived as the cost center, running in an inside-out operation driven mode. Nowadays, with the exponential growth of information and lightweight digital technologies, forward-looking organizations across industrial sectors claim they are in the information management business, and there is a high expectation of IT to drive changes and lead the digital transformation. Therefore, the invisible divide IT vs. Business needs to go away, and CIOs should market themselves and advocate IT as an integrated component of the company, in order to run IT as an innovation engine and revenue generator for the business. CIOs must set priority right and have an IT transformation checklist on how to answer questions such as: How do we get revenues now? How will we do it in the future? How should IT help the company win businesses? How can IT contribute to customer acquisition and retention? And how to run digital IT as a revenue rainmaker?

Should and How can IT Get more Engaged in Revenue Generating Initiatives? Historically, IT has been perceived as a back-office and a cost center, a technology controller, not an enabler. Now, with the accelerating speed of change and the consumerization of IT, IT organization has to improve its maturity, from being a reactive helpdesk to a proactive business partner; from a cost center to a value creator; and, more importantly, it needs to become an innovation engine and the driver of business growth. But more specifically, how can IT get more engaged in revenue-generating initiatives?

Which is the best way to demonstrate Multidimensional IT value? Many IT organizations are at the crossroad, some high-performing IT organizations have built a solid value proposition and moved up its maturity to become the game-changer and business catalyst for their companies. However, the majority of IT organizations get stuck in the lower level of maturity and struggle to prove their unique value, for helping the business gain competitive advantage. So what are the best ways to demonstrate IT value, through analytics or metrics upfront; through business cases or portfolios; through governance discipline; through agile practice or just through business-IT mutual understanding?

How can IT Enable Business Growth? More and more IT organizations are transforming from back-end internal support function into front office revenue generators, during the journey, CIOs must know how to answer the question such as: How do we get revenues now? What will we do in the future? How should IT help the company win business? And how can IT contribute to customer acquisition and retention?

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