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Today an increasing number of CIOs are reporting directly to the CEO and being
asked to contribute to long-term strategic thinking and planning. Long gone
are the days when IT was responsible for managing only IT costs and security.
Now responsibilities include aligning IT/business goals, delivering on competitive
differentiation and developing new go-to-market strategies/technologies.
So how does IT management use its unique position to spur business innovation?
1. Drive technology investments that help better align IT and business goals.
According to a recent online poll of 500 IT executives, the following represents
areas where IT expects to have the most impact over the next year:
- Customer relationships (acquiring, retaining)
- New-market offerings
- End-user workforce productivity
- Company operating costs
The number one business goal, regardless of industry or business unit, continues
to be sales. In the past, understanding the customer was a burden typically
placed on the sales and marketing teams. But that statement is no longer true.
So what conclusion can we draw?
Enterprise collaboration is vital. In a world where cross-functional team discussion
about business processes and customer needs are key, companies with a collaboration
platform and strategy in place will have a definite competitive advantage. The
21-century CIO is expected to not only support employees but also sales, customer
service and other inter-departmental teams that focus on the customer.
2. Lead change efforts to create a corporate culture of collaboration.
In corporations where information silos no longer exist, collaboration is a
new way of life. Here's an example: when a leading software company released
a beta of its collaboration platform to employees, one immediate, recognizable
difference was improved workflow. Instead of sending one-to-one emails en masse,
messages and files were being shared and stored in the new online repository,
accessible by all team members. Discussions and decisions were happening much
faster, and workplace productivity improved by 30 percent within the first 60
days.
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