IT plays a significant role in managing information-knowledge-insight cycle and fostering innovation by leveraging disruptive technologies and enriched information flow.
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.
Innovative IT Initiatives
Innovativeinitiatives With the increasing pace of organizational changes and digital disruptions, innovation is the unique path to build business advantage. The available digital technology just makes innovation easier to do now than in the past, less costly and more easily accessible. Every organization needs to develop the best or next innovation practices, apply effective technologies, tools or methodologies to drive innovation for really adding value to corporate growth in the long term.
Initiatives on Change, Innovation, and Digital Transformation In practice, the CIO role should transform from a reactive IT manager to a proactive digital leader; from a controller to a change agent Thus, the CIO as “Chief Initiative Officer” has become necessary or even imperative to manage strategic digital alignment and orchestration from concept to post-implementation of all initiatives from the C-level to the front lines, focus on changes and innovation. CIOs are also quite eager and enthusiastic to drive challenging transformation initiatives, to reinvent IT as the information hub and the business growth engine.
Innovatingviastraegicapplications Organizations are nowadays complex, inundated with exponential growth of information and overloaded assignment. They have limited resources, budget, and talent, any business initiatives should be viewed as an "opportunity" for solving business problems. With emerging trends such as personalization, IT consumerization, etc, it’s important to learn your business deeper, classify, or reclassify business information or knowledge; categorize or re-categorize business initiative portfolio to reflect your emerging strategic priority, take a logical scenario for integrating, optimizing and improving for realizing differentiated business value and developing competitive business advantage consistently.
IT Organization in a Proactive Mode Technology is pervasive, business initiatives and digital transformation today nearly always involve some form of technology implementation or information analysis; IT touches both hard business processes and soft human behavior. However, the majority of IT organizations still run in the reactive mode, take the order, fix the symptoms, and keep the lights on, getting stuck at the lower level of maturity. With the emerging digital trend and the increasing speed of changes, innovation is no longer “nice to have,” but must have the capability to make the organization thrive. IT has the necessary structure/ methodology/tool in shaping the new box of thinking and managing the emergent digital complexity with the characteristics such as hyper-connectivity, hyper-diversity, and hyper-dynamism. And it is a strategic imperative to run a high mature IT in a proactive mode to catalyze changes and orchestrate innovation.
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?
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