Initiateldebatingdiscussions ~ Future of CIO

Friday, October 14, 2022

Initiateldebatingdiscussions

5:49 PM Pearl Zhu No comments

The debate, when used properly, can be a way to explore critical thinking from a non-biased perspective.

Modern corporate boards play significant roles in guiding businesses in the right direction and achieve expected business results. Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals.

Here are a set of questions to initiate healthy debates, broaden the multiple perspectives of shaping a strategic boardroom with digital acumen.

Initiate Debating & Discussions

Is Vision Statement Overrated? Vision Statement is a very brief summary to provide guidance about what core to preserve and what future to stimulate progress toward. It gives some sense of the two main points. First, it's doing it to having the conversations across the organization. Second, it's worth pushing to a level of specificity, which makes the desired outcome unarguably clear and provides a means of tracking progress. One of the key payoffs from this process is that it delivers the top team a single-page matrix of their current and future desired states. This becomes the starting point for their detailed planning - and, of course, some readjustments as they tested the various elements through detailed analysis.

Initiatedebate: What're Fundamental Differences between Leadership and Management? Leadership is all about the future, about change, about progress and innovation. The defining difference between a manager and a leader is why people follow them and does their reach of influence towards a common objective extend past the limits of their authority? Everything should be as simple as possible, but not simpler. Such leadership/ management comparison is not to oversimplify the purpose, role, and function of each, but to gain a profound understanding of how to lead and manage in a more effective way.

Are you Experiencing Global Leadership Drought There are many multinational companies, but very few global businesses; there are quite many multinational managers, but even fewer truly global leaders. Some say, even worse than brain drain, there's a leadership drought? What makes a global leader, versus a domestic leader? How are the skill sets different?

Is your Organization in the Progress, Plateau or Stagnation of Digital Transformation? Digital makes a significant impact on every aspect of the business from people, process to technology both horizontally and vertically. However, businesses evolve changes at a different speed because they are at a different stage of the business life cycle, as well as they are at a different level of business maturity. Hence, in order to lead change effectively, business leaders should do the check-up continuously: Is your organization in the progress, plateau or stagnation of digital transformation? And how to create momentum and lead change more effortlessly?

Is Strategy Art or Science? "Leadership is much more about doing the right thing than doing things right." (Drucker) Spending time thinking and acting strategically is one of the right things to do, yet many senior executives spend less than 5% of their time stepping back from the day-to-day grind of the business to think longer-term. They feel comfortable with an annual budget, but get increasingly uncomfortable beyond that point. And even fewer begin with the end in mind. Is strategy an art or science, how do leaders leverage strategic thinking in their daily work?