Investment ~ Future of CIO

Tuesday, July 5, 2022

Investment

10:54 AM Pearl Zhu No comments

Businesses need to make investments and improve return on investment by articulating what the pros and cons of each investment option are for today and the proposed tomorrow.

Compared to the other executive positions, the CIO role continues to be shaken up, refined, reinvented and reenergized. The magic “I” of the CIO title sparks many imaginations and modern CIOs need to wear different hats and play multiple roles.

The purpose of "CIO Master - Unleash the Digital Potential of IT " is to provide guidelines for building a framework to run a highly effective, highly innovative and highly mature digital IT organization. Also, it provides the principles to reinvent CIO leadership via practicing multitudes of digital influence. Here is a set of blogs for brainstorming the role of CIOs and reinventing IT to get digital ready.

Investment

Investmentinsight The digital world moves into a hyper-connected and interdependent relationship under “VUCA” business new normal, it’s a healthy management discipline to gain a comprehensive value stream view, leverage value models to make wise investments, manage portfolios of business initiatives to achieve multidimensional business value effectively.

Investmentcrossdisicplinarily In face of rapid change and fierce competition, the success of investment is usually based on how they enable business growth and support the business objectives by delivering customized solutions in time to the market perspective. Investment is art, science, and philosophy, and put emphasis on investing in people-centric innovation.

Innovationinitiationinvestment Every organization is different, every business initiative is unique, every industry is different, investors are also different, there is no one size fits all formula to invest. Investment is both art and science. Great investors advocate entrepreneurship/intrapreneurship activities, strike the right balance of short-term gain and long-term perspective, put emphasis on investing in people-centric initiatives to catalyze innovation and lead transformative changes.

Innovationinvestment The business ecosystem is full of complexity and uncertainty, it’s important to understand that there are both opportunities and risks in every investment. The logical investment scenario helps to clarify: Which benefits will be achieved through addressing the key business drivers? Can these business benefits be measured and quantified? What outcomes can the sponsor expect to achieve through investment in the proposed initiative.

Identifyinvestment Businesses need to make investments and improve return on investment by articulating what the pros and cons of each investment option are for today and the proposed tomorrow. Put the framework in place to map the strategic objectives into key performance indicators, and then, determine what investments will accelerate the changes you want to see in your key performance indicators, and how to make continuous improvement.