Sunday, May 28, 2023

Innovation & Information

Innovation only exists in the more open environments that create insights, take advantage of all sources of creativity in an open way and leap innovation management to the next level.


Within abundant information and emergent digital technologies, Information technology 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 business in the digital age is to deliver the value of information in helping businesses grow, delight customers and do more with innovation.


       Innovation & Information


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.

InformationRequirement Information Systems are the backbone and provide valuable information for business growth and improve organizational responsiveness. Information is the key ingredient of innovative solutions to today’s complex business problems. Digital organizations must manage information effectively, and bring to the table innovative solutions that meet customers’ needs while reducing the cost to market. In fact, information is one of the most intensive pieces of the innovation puzzle.

Itinvestigation Nowadays organizations are complex, hyperconnected and interdependent, Information technology is a linchpin to integrate key business components into core competencies for successful business solution delivery, Traditional organizational management with siloed processes often causes bureaucracy. IT captures organizational knowledge to continuously investigate critical issues, improve performance. Dysfunction, incoherence, and bad reputation are not always easy to uncover. It takes processes, methodology, and practices to identify the real problems in order to improve IT from functioning to firm to delight.

Innovativeness Today’s organization is the mixed bag of old and new, order and chaos. Organizations, like individuals, need to be in flow to communicate fluently and change frictionlessly. Innovation is to have a new perspective on things, and it is the process that transforms novel ideas or knowledge into business value. Innovation is the core human activity to change the environment for reaching high performance, you have to manage it strategically and systematically to achieve a consistent business result.

Innovateorganizationviait Change is still the new year theme. Information Technology will continue to be the disruptive force behind transformative change. It was not so long ago when organizations did not see the opportunity for IT to enable the business strategy, let alone actually drive the business strategy. A value driven Information Technology organization needs to understand stakeholders’ expectations and propose a service/solution portfolio that corresponds to both demand and cost drivers with a focus on business priority and unlock the full potential of the company.

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