The Innovative Cio

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The Innovative CIO

Author : Andi Mann
Publisher : Apress
ISBN 13 : 1430244119
Total Pages : 295 pages
Book Rating : 4.4/5 (32 download)

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Book Synopsis The Innovative CIO by : Andi Mann

Download or read book The Innovative CIO written by Andi Mann and published by Apress. This book was released on 2014-03-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Does your organization fumble when it comes to innovation? ‘The Innovative CIO’ presents a pragmatic guide to overcoming the 10 ‘innovation killers’ within your company.” --Dennis McCafferty “CIO Insight”, 1/23/2013 (www.cioinsight.com/it-management/innovation/slideshows/ten-ways-to-kill-innovation/) “Are you unwittingly stifling your employees’ entrepreneurial spirit? ‘The Innovative CIO’ discusses ‘innovation killers’ that could be holding back your small business or startup.” --Paul Shread “TIME/Business & Money”, 1/29/2013 (business.time.com/2013/01/29/removing-barriers-to-innovation/#ixzz2JSrUlD3A) The Chief Information Officer’s influence in the business organization has been waning for years. The rest of the C-suite has come to regard Information Technology as slow, costly, error-prone, boring, and unresponsive to business needs. This perception blinds company leaders to the critical value IT can deliver and threatens the competitive health and long-term survival of their enterprise. The modern CIO must reassert the operational and strategic importance of technology to the enterprise and reintegrate it with every department and level of the business from boardroom to mailroom. IT leaders must design, sell, and implement a vigorous culture of IT competence and innovation that pervades the enterprise. The culture must be rooted in bidirectional exchange across organizations and C-level policies that drive technology innovation as the engine of business innovation. The authors, international IT strategists and innovators, quantify the benefits and risks of IT innovation, survey and rank the myriad innovation opportunities from mature, new, and emerging technologies,and identify the organizational structures and processes that have been proven to deliver ongoing innovation. Buttressing their brief with dozens of case studies and specific examples, The Innovative CIO shows you how to: Take advantage of the IT and business innovation opportunities created by new and emerging technologies Shift IT innovation from afterthought to prime mover in strategic business planning Inject IT into the dynamic core of your organization’s culture, training, structure, practice, and policy

Leading the Epic Revolution

Author : Hunter Muller
Publisher : John Wiley & Sons
ISBN 13 : 1118431944
Total Pages : 342 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis Leading the Epic Revolution by : Hunter Muller

Download or read book Leading the Epic Revolution written by Hunter Muller and published by John Wiley & Sons. This book was released on 2013-05-15 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: A must-read leadership guide for CIOs and executives whose careers depend on creating value and growth through continuous innovation Innovation is the hot topic. Everyone's talking about it, but there seems to be a lot of misperceptions about getting it done. Innovating for Growth and Value is aimed at CIOs and other technology leaders in the modern enterprise. This insider's guide to innovation presents repeatable processes, detailed methodologies, and robust frameworks for innovation and continuous transformation in today's fast-paced business environments. It provides actionable programs for developing and successfully executing profitable and repeatable innovation strategies. Focuses on specific critical areas where innovation is imperative Features real-world stories and revealing anecdotes Presents interviews from international companies such as Netflix, IBM, Cisco, Boeing, Facebook, Intel, Microsoft, McKesson, Flextronics, and more Without innovation, your company cannot compete and cannot survive. So the real question isn't whether to innovate or not. The real question is how to innovate and make innovation strategies work in the modern enterprise. Thoughtfully written and carefully researched, Innovating for Growth and Value grasps the central truth about innovation with a wealth of information made truly valuable for IT leaders and CIOs.

The Innovation Mode

Author : George Krasadakis
Publisher : Springer Nature
ISBN 13 : 3030451399
Total Pages : 316 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis The Innovation Mode by : George Krasadakis

Download or read book The Innovation Mode written by George Krasadakis and published by Springer Nature. This book was released on 2020-07-29 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents unique insights and advice on defining and managing the innovation transformation journey. Using novel ideas, examples and best practices, it empowers management executives at all levels to drive cultural, technological and organizational changes toward innovation. Covering modern innovation techniques, tools, programs and strategies, it focuses on the role of the latest technologies (e.g., artificial intelligence to discover, handle and manage ideas), methodologies (including Agile Engineering and Rapid Prototyping) and combinations of these (like hackathons or gamification). At the same time, it highlights the importance of culture and provides suggestions on how to build it. In the era of AI and the unprecedented pace of technology evolution, companies need to become truly innovative in order to survive. The transformation toward an innovation-led company is difficult – it requires a strong leadership and culture, advanced technologies and well-designed programs. The book is based on the author’s long-term experience and novel ideas, and reflects two decades of startup, consulting and corporate leadership experience. It is intended for business, technology, and innovation leaders.

Driving IT Innovation

Author : Heather Smith
Publisher :
ISBN 13 : 9781943153640
Total Pages : pages
Book Rating : 4.1/5 (536 download)

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Book Synopsis Driving IT Innovation by : Heather Smith

Download or read book Driving IT Innovation written by Heather Smith and published by . This book was released on 2018-11-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

CIO Paradox

Author : Martha Heller
Publisher : Routledge
ISBN 13 : 1351862197
Total Pages : 198 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis CIO Paradox by : Martha Heller

Download or read book CIO Paradox written by Martha Heller and published by Routledge. This book was released on 2016-10-21 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regardless of industry, most major companies are becoming technology companies. The successful management of information has become so critical to a company's goals, that in many ways, now is the age of the CIO. Yet IT executives are besieged by a host of contradictions: bad technology can bring a company to its knees, but corporate boards rarely employ CIOs; CIOs must keep costs down at the very same time that they drive innovation. CIOs are focused on the future, while they are tethered by technology decisions made in the past. These contradictions form what Martha Heller calls The CIO Paradox, a set of conflicting forces that are deeply embedded in governance, staffing, executive expectations, and even corporate culture. Heller, who has spent more than 12 years working with the CIO community, offers guidance to CIOs on how to attack, reverse, or neutralize the paradoxical elements of the CIO role. Through interviews with a wide array of successful CIOs, The CIO Paradox helps readers level the playing field for IT success and get one step closer to bringing maximum value to their companies.

The Innovative CIO and E-participation in E-government Initiatives

Author : Toshio Obi
Publisher : IOS Press
ISBN 13 : 1607505045
Total Pages : 260 pages
Book Rating : 4.6/5 (75 download)

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Book Synopsis The Innovative CIO and E-participation in E-government Initiatives by : Toshio Obi

Download or read book The Innovative CIO and E-participation in E-government Initiatives written by Toshio Obi and published by IOS Press. This book was released on 2010 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Senior information executives are currently confronted by a continually growing and increasingly complex set of challenges. These include rapidly changing technologies, environmental issues and the current global economic situation. This book, volume 3 in the Global E-Governance Series, brings together the contributions of acknowledged experts from all over the world, who have presented papers and participated in discussions at three recent conferences on e-government, the role of the CIO (Chief Information Officer) and e-governance. They give us their frank and honest insights, and share with us not only their successes, but also their failures and the lessons they have learnt from them. Divided into five parts, the book covers subjects such as: e-participation and perspectives from citizen involvement, national e-government strategies, innovative CIO, ICT (Information & Communication Technology) in the context of the world economy and finally, global e-government rankings. Despite the different backgrounds and nationalities of the contributors, what is notable are the common themes which emerge from their work. This book will undoubtedly be a valuable resource of interest to all those involved in the field of e-government. IOS Press is an international science, technical and medical publisher of high-quality books for academics, scientists, and professionals in all fields. Some of the areas we publish in: -Biomedicine -Oncology -Artificial intelligence -Databases and information systems -Maritime engineering -Nanotechnology -Geoengineering -All aspects of physics -E-governance -E-commerce -The knowledge economy -Urban studies -Arms control -Understanding and responding to terrorism -Medical informatics -Computer Sciences

The Transformational CIO

Author : Hunter Muller
Publisher : John Wiley & Sons
ISBN 13 : 1118019326
Total Pages : 148 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis The Transformational CIO by : Hunter Muller

Download or read book The Transformational CIO written by Hunter Muller and published by John Wiley & Sons. This book was released on 2011-02-11 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transformational CIO is chock full of stimulating thought leadership and useful knowledge that will help you leverage new and existing technologies to create business value, generate more revenue, increase profits and improve customer relationships in rapidly changing global markets. This book is a practical guide for senior executives seeking optimal returns on technology investments, now and in the future. Hot-button issues and essential topics covered in the book include: Vision and Organization Culture and Change Partnering with the Business The Art and Science of IT Leadership Team Building Cloud Computing Enterprise Collaboration Strategic Sourcing Executive Career Development The Transformational CIO features real-world stories and revealing anecdotes from CIOs and IT thought leaders at leading organizations as Disney, Kimberly-Clark, Kaiser Permanente, Dell, Flextronics, Wipro, Boston Scientific, Salesforce.com, General Motors, Shell Oil, Pitney Bowes, IBM, Cisco, Siemens, Citigroup, Microsoft, CVS Caremark, Frontier Communications and the U.S. Tennis Association. Written in straightforward business language, The Transformational CIO is a concise guide for staying ahead of the competition and seizing opportunities for success in a turbulent global economy.

Fostering Innovation

Author : Andrew Laudato
Publisher : John Wiley & Sons
ISBN 13 : 1119853117
Total Pages : 256 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis Fostering Innovation by : Andrew Laudato

Download or read book Fostering Innovation written by Andrew Laudato and published by John Wiley & Sons. This book was released on 2022-02-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proven and practical strategies for leading IT teams and departments In Fostering Innovation: How to Build an Amazing IT Team, accomplished technology strategist, executive, and leader Andrew Laudato delivers an eye-opening exploration of how to design, build, staff, and run a high-performing IT department. The book is filled with universally applicable strategies and techniques that can transform any IT team into an all-star cast perfectly aligned with your organization’s objectives. Incorporating proven and practical processes throughout the narrative, the book offers useful continuous improvement concepts the reader can apply to their team, company, and professional development. Readers will also find: Foolproof ways to put people before technology Detailed discussions of perennially important topics, like the importance of uptime, how to deploy redundancy, and creating the perfect organization chart Strategies for managing and motivating the wonderfully unique individuals we refer to as "technologists." The perfect resource for newly minted Chief Information Officers and Chief Technology Officers, Fostering Innovation will also earn a place in the libraries of non-technical professionals who work closely with IT, and business leaders seeking a better understanding of how to lead an IT team.

The Strategic CIO

Author : Philip Weinzimer
Publisher : CRC Press
ISBN 13 : 1315360381
Total Pages : 572 pages
Book Rating : 4.3/5 (153 download)

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Book Synopsis The Strategic CIO by : Philip Weinzimer

Download or read book The Strategic CIO written by Philip Weinzimer and published by CRC Press. This book was released on 2018-12-14 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recognized as One of the Best Business Books for 2014 by CIO Magazine Based on interviews with more than 150 CIOs, IT/business executives, and academic thought leaders, The Strategic CIO: Changing the Dynamics of the Business Enterprise provides insight, success stories, and a step-by-step methodology to transform your IT organization into a strategic asset that drives customer value, increases revenues, and enhances shareholder wealth. The book details how strategic CIOs from FedEx, Procter & Gamble, McKesson, and other leading companies transformed their organizations. It illustrates the methods these CIOS used to become strategic partners that collaborate effectively within their organizations to leverage information and technology for a competitive advantage. The text will help you assess the key competencies and skills required by IT personnel to partner with your business teams to create new and enhanced products and services that create customer value, increase margin, and enhance shareholder wealth. The book includes powerful methodologies, time-saving templates, proven best practices, and helpful assessments. It also details a four-phase methodology, along with the associated activities and tools, to help your IT organization successfully transform into a strategic IT organization. Gain insight into the four domain competencies and twelve associated skills required to build effective strategic IT organizations. Build your roadmap to success using the transformation methodology described in the text and you will be on your way to making your organization a strategic IT organization. Read Philip Weinzimer’s recent article that appeared on CIO.com.

Future State 2025

Author : Hunter Muller
Publisher : John Wiley & Sons
ISBN 13 : 1119574811
Total Pages : 327 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Future State 2025 by : Hunter Muller

Download or read book Future State 2025 written by Hunter Muller and published by John Wiley & Sons. This book was released on 2020-08-21 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identify the best technology investments and implement them rapidly Future State 2025: How Top Technology Executives Disrupt and Drive Success in the Digital Economy gives CIOs an essential playbook for learning how to implement and sustain innovation and invention. Drawing on the experiences of many of the world’s leading CIOs, the book reveals the strategies and techniques they used to put in place the newest techniques and technologies. Since the rise of the digital economy, the role of the CIO has expanded the responsibilities of the IT team function. The new norm is continuous innovation; CIOs must deliver or perish. This book offers a guide for selecting and implementing the right technology that is so essential for success in the hyper-competitive marketplace. This vital resource offers a guide to tech investments including: Artificial Intelligence and advanced cyber security Robotics and advanced networks including Mesh, Edge and Hybrid Cloud Virtual Reality and smart cities Autonomous transportation, logistics and rapid prototyping, and digital twin Future State 2025: How Top Technology Executives Disrupt and Drive Success in the Digital Economy is written to help identify the best technology investments and move forward with rapid implementations of new tech and stay ahead of the competition.

The Technology Fallacy

Author : Gerald C. Kane
Publisher : MIT Press
ISBN 13 : 026254511X
Total Pages : 281 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Technology Fallacy by : Gerald C. Kane

Download or read book The Technology Fallacy written by Gerald C. Kane and published by MIT Press. This book was released on 2022-08-23 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why an organization's response to digital disruption should focus on people and processes and not necessarily on technology. Digital technologies are disrupting organizations of every size and shape, leaving managers scrambling to find a technology fix that will help their organizations compete. This book offers managers and business leaders a guide for surviving digital disruptions—but it is not a book about technology. It is about the organizational changes required to harness the power of technology. The authors argue that digital disruption is primarily about people and that effective digital transformation involves changes to organizational dynamics and how work gets done. A focus only on selecting and implementing the right digital technologies is not likely to lead to success. The best way to respond to digital disruption is by changing the company culture to be more agile, risk tolerant, and experimental. The authors draw on four years of research, conducted in partnership with MIT Sloan Management Review and Deloitte, surveying more than 16,000 people and conducting interviews with managers at such companies as Walmart, Google, and Salesforce. They introduce the concept of digital maturity—the ability to take advantage of opportunities offered by the new technology—and address the specifics of digital transformation, including cultivating a digital environment, enabling intentional collaboration, and fostering an experimental mindset. Every organization needs to understand its “digital DNA” in order to stop “doing digital” and start “being digital.” Digital disruption won't end anytime soon; the average worker will probably experience numerous waves of disruption during the course of a career. The insights offered by The Technology Fallacy will hold true through them all. A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.

Value-Driven

Author : Brent Messer
Publisher :
ISBN 13 : 9781736936405
Total Pages : 230 pages
Book Rating : 4.9/5 (364 download)

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Book Synopsis Value-Driven by : Brent Messer

Download or read book Value-Driven written by Brent Messer and published by . This book was released on 2021-06-29 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it actually possible to innovate in government? Can a public sector CIO build a great culture and drive digital transformations? Yes! And, this book tells you how.Value-Driven is the definitive leadership guide for the public sector Chief Information Officer. Learn what it takes to be a great CIO, driving digital transformation and innovation in the public sector. Value-Driven is equally valuable for non-CIO public sector leaders, including elected officials, seeking to understand the role of technology and the CIO in their organization. The book highlights the best methods and techniques to drive value and enable change, creating a both effective and efficient IT group.

Leadership, Management, and Adoption Techniques for Digital Service Innovation

Author : Sandhu, Kamaljeet
Publisher : IGI Global
ISBN 13 : 1799828018
Total Pages : 342 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Leadership, Management, and Adoption Techniques for Digital Service Innovation by : Sandhu, Kamaljeet

Download or read book Leadership, Management, and Adoption Techniques for Digital Service Innovation written by Sandhu, Kamaljeet and published by IGI Global. This book was released on 2019-12-27 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many advantages to incorporating digital services in business, including improved data management, higher transparency, personalized customer service, and cost reduction. Innovation is a key driver to how digital services are formed, developed, delivered, and used by consumers, employees, and employers. The largest differentiator comes from having a digitally empowered workforce. Companies increasingly need digital workers to establish greater digital skills to bear on every activity. Business leaders especially need to steer digital priorities, drive innovation, and develop digital platforms. Leadership, Management, and Adoption Techniques for Digital Service Innovation is an essential reference source that discusses the adoption of digital services in multiple industries and presents digital technologies to address and further advance innovation to drive successful solutions. Featuring research on topics such as cloud computing, digital business, and value creation, this book is ideally designed for managers, leaders, executives, directors, IT consultants, academicians, researchers, industry professionals, students, and practitioners.

Strategic IT Governance 2.0

Author : Philip Weinzimer
Publisher : CRC Press
ISBN 13 : 1000730654
Total Pages : 335 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Strategic IT Governance 2.0 by : Philip Weinzimer

Download or read book Strategic IT Governance 2.0 written by Philip Weinzimer and published by CRC Press. This book was released on 2022-10-25 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Weinzimer provides industry case studies of companies that have implemented multiple components of The Strategic IT Governance 2.0 model. These companies successfully leveraged collaboration between technology and the business to deliver technology projects that provide the best customer value, improve cost efficiencies, and create a governance culture across business areas. In his book, you will learn valuable lessons to implement an innovative governance model for your company.— Ashley Pettit, CIO, and Senior Vice President, Enterprise Technology, State Farm In Strategic IT Governance 2.0, Phil provides a number of exciting case studies of how CIOs are leveraging technology to innovate and create value. They are following Phil's model, building strategic and tactical relationships within the business to drive technology growth strategies, collaborating with partners to improve customer service and increase value with process optimization and best practice metrics. Each of these companies offers a slightly different take on the multiple components of the Strategic IT Governance 2.0 model; however, these organizations' collective and individual success indicates the strength of the components.— Dawn Kirchner-King, Vice President and Chief Information Officer, Armstrong World Industries Today's business environment is more complicated, creating additional challenges for the successful execution of strategic enterprise projects. Unless an organization revisits its governance model, strategic projects are at risk of negatively impacting business success. So, how do companies succeed in overcoming these obstacles to improve project success? Strategic IT Governance 2.0: How CIOs Succeed at Digital Innovation explains how IT executives can take the lead and successfully drive digital transformation initiatives and associated projects. The book presents the Strategic IT Governance 2.0 model that focuses on project alignment, process reinvention, and leadership excellence. It is filled with case studies of the model’s implementation, giving practical insight into how organizations have successfully executed digital transformation.

Cio Secrets for Growing Innovation

Author : Jim Anderson
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781537443560
Total Pages : 70 pages
Book Rating : 4.4/5 (435 download)

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Book Synopsis Cio Secrets for Growing Innovation by : Jim Anderson

Download or read book Cio Secrets for Growing Innovation written by Jim Anderson and published by Createspace Independent Publishing Platform. This book was released on 2016-09-01 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: So just exactly what is innovation? It turns out that innovation is doing something new. It can be a new method, a new idea, or even a new product. In the world of IT, we have the ability to solve just about any problem. However, how we go about solving problems can become outdated quickly. What we need to do as CIOs is to find out how to bring the spirit of innovation into our IT departments. What You'll Find Inside: HOW CIOS CAN BRING INNOVATION TO THEIR IT DEPARTMENTS HOW CIOS CAN USE MOBILE AND CUSTOM DEVELOPMENT TO REDISCOVER INNOVATION SOCIAL MEDIA AND THE CIO - CAN WE TALK? WHY CIOS NEED TO WIN AT GAMIFICATION Your IT department needs innovation for a number of different reasons. First, the IT department these days is the engine that drives the company to successfully compete in its markets. In order to make the company go faster, your department is going to have to be finding new ways to do things both quicker and better than ever before. Innovation does not come cheap. This means that as the CIO you are going to have to get good at finding ways to make the funding that you do have work even harder. As the world changes new technologies such as mobile and even custom development are arriving and these both hold out the opportunity to introduce a great deal of innovation into an IT department. In order to innovate, your staff is going to have to stay current with the latest technologies. That means that it's going to be your responsibility to determine what level their skills are at. These skills may extend into the realm of social media and if so, you are going to have to make some tough decisions about how the company is going to participate in this new world. The secret to introducing innovation into your department may lie in changing how the department works. Embracing novel concepts like gamification may show you the way to make this happen for your staff. Ultimately, you are going to end up shaking everything up. No matter if it comes down to planning scenarios or creating contests to motivate your department, the old way of being a CIO has now officially been replaced by the new way of being a CIO. For more information on what it takes to be a great CIO, check out my blog, The Accidental Successful CIO, at: www.TheAccidentalSuccessfulCIO.com

CIOs and the Digital Transformation

Author : Giorgio Bongiorno
Publisher : Springer
ISBN 13 : 3319310267
Total Pages : 232 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis CIOs and the Digital Transformation by : Giorgio Bongiorno

Download or read book CIOs and the Digital Transformation written by Giorgio Bongiorno and published by Springer. This book was released on 2017-07-31 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes how chief information officers (CIOs) can embrace and drive the digital transformation by providing innovative leadership that uses old skills in a novel way. The book explores ways in which new actors and factors will play a key role in this process and how new relations can be created among things, data, and people. In addition, the design of digital organizations and the implementation of digital technologies are carefully examined and it is explained how digital workspaces can be designed, organized, and used. A set of methods is provided for linking new digital tools in order to meet the goals and challenges of building a digital enterprise. The digital economy is disrupting the way of interaction within value chains, creating fresh spaces for competition and novel ecosystems. With the advent of social media networking, mobility, big data and cloud computing, 4.0 manufacturing, etc., we are witnessing the birth of new digital organizations. However, sharing of leadership of this change among different actors can create disorder and inefficiency. Against this background, the future role of the CIO will be crucial.

Creative Destruction

Author : Richard Foster
Publisher : Crown Currency
ISBN 13 : 0307779319
Total Pages : 386 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Creative Destruction by : Richard Foster

Download or read book Creative Destruction written by Richard Foster and published by Crown Currency. This book was released on 2011-04-20 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Turning conventional wisdom on its head, a Senior Partner and an Innovation Specialist from McKinsey & Company debunk the myth that high-octane, built-to-last companies can continue to excel year after year and reveal the dynamic strategies of discontinuity and creative destruction these corporations must adopt in order to maintain excellence and remain competitive. In striking contrast to such bibles of business literature as In Search of Excellence and Built to Last, Richard N. Foster and Sarah Kaplan draw on research they conducted at McKinsey & Company of more than one thousand corporations in fifteen industries over a thirty-six-year period. The industries they examined included old-economy industries such as pulp and paper and chemicals, and new-economy industries like semiconductors and software. Using this enormous fact base, Foster and Kaplan show that even the best-run and most widely admired companies included in their sample are unable to sustain their market-beating levels of performance for more than ten to fifteen years. Foster and Kaplan's long-term studies of corporate birth, survival, and death in America show that the corporate equivalent of El Dorado, the golden company that continually outperforms the market, has never existed. It is a myth. Corporations operate with management philosophies based on the assumption of continuity; as a result, in the long term, they cannot change or create value at the pace and scale of the markets. Their control processes, the very processes that enable them to survive over the long haul, deaden them to the vital and constant need for change. Proposing a radical new business paradigm, Foster and Kaplan argue that redesigning the corporation to change at the pace and scale of the capital markets rather than merely operate well will require more than simple adjustments. They explain how companies like Johnson and Johnson , Enron, Corning, and GE are overcoming cultural "lock-in" by transforming rather than incrementally improving their companies. They are doing this by creating new businesses, selling off or closing down businesses or divisions whose growth is slowing down, as well as abandoning outdated, ingrown structures and rules and adopting new decision-making processes, control systems, and mental models. Corporations, they argue, must learn to be as dynamic and responsive as the market itself if they are to sustain superior returns and thrive over the long term. In a book that is sure to shake the business world to its foundations, Creative Destruction, like Re-Engineering the Corporation before it, offers a new paradigm that will change the way we think about business.