Thursday, June 29, 2023

Innovation

It is the aggregation of information and the refinement of the information that creates the intelligence required to forecast the future and define the rules to drive the business transformation.

The aim of modern Information Management has often been described as getting the right information to the right person, in the right format and medium, at the right time, in order to make the right decisions. 

The value of information technology is qualitative, measurable, and defined uniquely by an organization.

               




Information Innovation


Initiativesofinformation Information is permeating everywhere in the business, and impacts every perspective of human society right now. It has become the "nerve system "of organizations. Information potential directly impacts the business's potential of the organization. In fact, the ability to explore intangible information assets becomes far more decisive to build competitive business advantage for the long term.

Initiatives The tides of change and waves of disruptions indicate that business leadership couldn’t predict the future with a certain degree of accuracy. Winning the digital dynamic means engaging multidimensional thinking, enforcing cross-functional collaboration, building unique business competency, understanding things with accuracy; and taking the proactive approach to lead change.

Initiativesofinnovation Innovation is not serendipity, but a systematic process to transform novel ideas for achieving the business values. There will be bumps and roadblocks along the way in achieving innovation excellence. Thus, taking the right pace is important to strike the right balance of innovation and standardization, to ensure the business can both reap some quick wins and more importantly, build long term innovation competency.

informationalgorithm Enterprises of the future are increasingly exhibiting the “VUCA” characteristics in various shades and intensity. Traditional business management is usually based on a linear logic which implies that the whole is equal to the sum of the parts; that generates silos, creates constraints, stifles information flow and creativity.

Innovation With the overwhelming growth of information and abundant knowledge, potential value depends on how the information will be used again in the future as well as how knowledge can be refined into unique business insight, and this is often exceptionally uncertain. Potential directly impacts business's potential of organization for running a real-time intelligent business. Information potential is an investment, for catalyzing information-enabled innovation, improving revenue, and catalyzing business growth.

The “Future of CIO” Blog has reached 10 million page views with about #11100th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. 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.

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