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Top 10 strategy tips for the busy CIO – part 1

Today’s CIOs are experiencing unheard of levels of technological transformation. The breakneck speed of the market and the new innovations (and revolutions!) in cloud, mobile, and Big Data mean that business leaders need a different approach to keeping up with it all. Technology is now the major differentiator in business and commerce. The rules have all changed. Major enterprises are no longer the drivers but customers are. Organizations must be intently innovative and their leaders need to make smart, quick, and agile decisions about how to stay ahead of the game.

CIOs don’t have a lot of time to wade through whitepapers and reports to get their information. They need to quickly map out their 6 month and 1-3-5 year outlooks, assess the complex technology landscape, understand what technologies will most impact their verticals, and how to drive sales and keep customers happy.

 

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Businesses must be lean, agile, and efficient and busy CIOs today need information that is actionable, clear, and user friendly. In this two part series we’ll explore at a high level some “quick tips” that busy CIOs should adopt to stay ahead of their game.

Imagine it this way: You’re the company emerging tech strategist. One morning you meet your CIO in the lobby and you both take the company’s notoriously slow elevator to the 10th floor. Once the doors close he asks you to brief him on the latest technology strategies and trends. Could you make your elevator pitch in 1 minute? Here are the top 10 takeaways you’d need to share, each in 10 seconds or less:

Leverage Gartner Research: The world’s best disruptive and emerging tech research is offered by Gartner. Get aligned with their wide range of business tools, insights, consulting, and planning to move forward with development and strategizing.

 

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Understand the Nexus of Forces: It’s critical for busy CIOs to understand how Gartner’s “Nexus of Forces” – Social, Information, Cloud, and Mobile – are transforming the home, business, and society on multiple levels. Here are the breakdowns:

Social: Customers speak to brands! It’s imperative to build a social media strategy to gain 360 degree insights and drive growth. Adopt the latest VoIP tools and collaboration technologies to stay easily connected in the digital market.

Information: Data is now a global asset and is becoming a huge driver of business revenue. Build your Big Data and analytics capabilities and hire talent quickly to keep a competitive edge in this transformational and fast-paced market.

Cloud: You can’t afford to ignore the cloud for fear of security, costs, or governance issues. Migration to the Cloud can begin with simple document file-sharing, but do something whatever it takes to stay relevant and competitive.

Mobile: Shift your paradigm to a “Mobile First” strategy. This puts the mobile experience front and center and transforms how you do development, analytics, and marketing. Please also recognize that Responsive Web Design is not enough!

Build an Emerging Tech practice: Gather together a small team of emerging tech researchers and strategists who can map the latest disruptions in your vertical against organizational business goals. Have them develop quarterly updates as well as 6-12 month outlooks around the most pressing areas in your industry. Get them involved in conferences and other networking events to keep your leadership team updated of the latest technology trends.

Innovate, Innovate, Innovate: Innovation has become a big “buzzword” in business circles over the past few years and everyone is scrambling to get onboard. Technology progress means that innovation is now happening on a scale never seen before . . . and so is disruption. Don’t ever think that your company has arrived! CIOs must make frequent assessments and inventories about where they stand on the innovation spectrum.

 

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There’s more to come . . . Join us back here tomorrow for the completion of this quick two-part series.

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About Jeffrey Walker

I reside in the Greater Boston area where I am employed as a Systems Consultant in Emerging Technology for a major financial services company. My experience in the technology sector has consisted of various roles, ranging from startup entrepreneur to web developer and research/support analyst. I’m also a budding hobbyist in the field of Telepresence Robotics and am interested in how these devices can provide viable solutions for the growing virtual workforce; I blog on the topic at Twitbotics.com.

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