Tuesday, January 5, 2021

Book "IT Innovation" Brief: Innovation & Inflection

More and more organizations across the vertical sectors are at the strategic inflection point of the digital transformation for speeding up changes by taking the “digital first” approach.


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 do more with innovation.


 Innovation & Inflection 


Innovation & Interdisciplinarity All forward-looking organizations are on the journey of digital transformation. Digitalization implies full-scale changes in the way the business is conducted and expands business transformation to the multiple directions so that simply adopting a new digital technology is not insufficient. Such change can mean an opportunity to rise to new heights, or a risk to hit the uncertainty. Hence, a solid roadmap with well-setting goals is important for making a smooth digitalization journey. The leading organizations today are also reaching the inflection point for digital transformation. A strategic inflection point is a time in the life cycle of a business when its fundamentals (people, process, technologies, cultures) are about to change. You have to transform the company's underlying functions and organization as a whole with adjusted digital speed.

IT Inflection-Point With disruptive digital technologies and fast growth of information, forward-thinking IT organizations are also speeding up for digital transformation, as well as becoming the change agent for the entire company. The emergence of potential opportunities for exploring digitization is likely to follow a nonlinear pattern with exponential speed, as the pervasiveness of an organization's digitization journey increases. So, is IT reaching the inflection point of digital transformation yet, and how to ensure it is in the right direction for improving its effectiveness, responsiveness and maturity?

Inflection & Improvement The journey of improving business maturity is more evolutionary than revolutionary. The organization reaches the tipping point when the business fundamental elements such as people, process, technology, or culture are about to change. To keep moving forward, the organization can take multiple paths to reach the “inflection point” where it goes from being able to hold the business architecture in the mind of key business leaders and where a greater shared understanding of business transformation will lead to a greater commonality of organizational purpose, less duplication of effort and more cohesive business competencies to achieve the next level of business growth and enterprise success.

Information & Inflection More and more organizations across the vertical sectors are at the strategic inflection point of the digital transformation for speeding up changes by taking the “digital first” approach. Digitalization is the broader and longer journey with many leaps and jumps, distractions and perils. What is the focal point and how to achieve the higher-than-expected result and reap the benefit from changes?

Inflection & Interconnectivity Change is a fact of business and life. With the new year ahead of us, are we entering the era of digital learning, inquisitiveness, openness, and exponential? Are we opening the new page of accelerating digitalization and catalyzing innovation? Gaining the perspectives of the next level of digital maturity is about having a harmonized vision of overall digital management philosophy, capabilities, structures, and practices. To survive the fierce competition and thrive with the long-term business advantage involve planning, action, adjustment, and speed.

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 7300+ blogs 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.

3 comments:

Digital transformation creates a new buzzworld in business. Thanks for sharing. Vicky from Way2Smile - Digital Transformation Experts in Dubai

Goodness, what a beautiful post. This is an exceptionally helpful post for me. A debt of gratitude is in order for sharing and hanging tight for another...

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