Today, CIOs are expected to drive new business through the use of technology and find the right balance between technology spending and profits. Thinking strategically is more important than ever before. Thinking Strategically implies that CIOs see strategy as a continual process of re-invention and innovation. CIOs need to stimulate strategic thinking and keep exploring the relevant question(s) stimulates everyone to reflect more deeply and thereby generates the most powerful insights.
So, now is the time to think strategically and contribute to growing the top line, and expanding the bottom line or CIO’s career is over. Explore how CIOs can shape and guide their enterprises through thinking strategically and using information and technology as a strategic platform.
Technology is transforming innovation at its core, allowing companies to test new ideas at speeds and prices that were unimaginable even a decade ago. They can stick features on Web sites and tell within hours how customers respond. They can see results from in-store promotions, or efforts to boost process productivity, almost as quickly.
The result? Innovation initiatives that used to take months and megabucks to coordinate and launch can often be started in seconds for cents. And that makes innovation, the lifeblood of growth, more efficient and cheaper. Companies are able to get a much better idea of how their customers behave and what they want. This gives new offerings and marketing efforts a better shot at success.
Technology and Changing
Technology is creating major tectonic shifts in every aspect of the business and society. New technologies could extend the reach of organizations, improve management decisions, and speed the development of new products and services. Business processes are being broken down into elements that are performed partly by computers, partly by people. Our expectations for the time it takes people to respond to messages have shrunk from weeks to days to hours. This massive trend changes not just how companies must engage with their customers, but also how they must organize to tap the degree of participation that their old and new generation staff expects. Explore how CIOs can tune into these trends and shape their organization to capture these new and emerging opportunities.