Saturday, August 15, 2020

The Monthly “IT Innovation” Book Tuning:Running IT as Innovation Glue Aug. 2020

Digital is the age of innovation, and innovation is what leads to differentiation. 

Within abundant information and emergent digital technologies, IT is a key component of a 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 do more with innovation.

Running IT as Innovation Glue

Running IT as Glue of Digital Innovation With rapid change and overwhelming growth of information, IT has to shift from bits, bytes, and lights to information, intelligence, integration, improvement, interface, and innovation. The challenge is about getting out of the daily burden and spending more resources and time on innovation-related activities and running IT as the glue of digital innovation.

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 bits & bytes information-driven? Inside-out operation-driven or outside-in customer-centric? Transaction or transformation focus?

Running Bold IT to Pursue Innovation Opportunities In forward-thinking companies across the vertical sectors, IT is transforming from a reactive support center and business enabler to a proactive change agent and the business revenue creator. The expectations for CIOs have also grown multi-folded, they are expected to be visionaries and path-finders to pursue business innovation opportunities, opening new revenue streams, and leverage IT to build the competitive advantage of the business.

Charting Digital Paradigm Shift by Exploring Rationale, Intuitive, and Strategic Side of IT Information Technology is permeating into every corner of the organization. IT organization is in the middle of a sea change. It is important to realize that there are basic principles and rules that make it work and there are different styles of mentality and methodology to run IT today. Practices and actions depend on the organizational maturity, competition, and customer expectations, High-mature digital organizations always look for opportunities across the business ecosystem to increase the usage of abundant information and emergent digital technologies, explore the rationale, intuitive, and strategic side of IT accordingly, and chart digital paradigm shift seamlessly.

Five Digital Principles of Managing Innovation The blurring border of the digital organization and its business ecosystem make the world hyper-connected, but also over-complex. Organizations today can no longer rely on a single individual or team to drive innovation, or still think innovation as serendipity. Digital is the age of innovation, and innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. But it’s also important to set principles and manage innovation in a structured way across the organizational scope and digital ecosystem.

The blog is a dynamic book flowing with your thought; growing through your dedication; sharing your knowledge; conveying your wisdom, and making influence through touching the hearts and connecting minds across the globe. The “Future of CIO” Blog has reached 3 million page views with 6800+ blog postings. Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. Blogging is not about writing, but about thinking and innovating 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.


Post a Comment