The Two-Pronged
Shift the Operating Model As the focus shifts toward innovation, an accompanying change in the operating model is often necessary. This shift ensures that innovation efforts are properly integrated into the organization's structure, processes, and culture. Make Data the Core A common thread in successful innovation is a relentless focus on data. Utilizing data-driven insights allows organizations to make informed decisions, optimize processes, and deliver superior services. Nurture Cultural Alignment Engaging existing employees in the transformation journey is crucial. Rallying the workforce behind the idea of change fosters a shared commitment to innovation and operational excellence. Lead by Example CIOs play a pivotal role in leading by example, demonstrating the equal importance of technology to business and vice versa. This leadership showcases the symbiotic relationship between technology innovation and overall business success. De v elop a Robu s t Talent Strateg y Organizations need a pool of skilled professionals, including high-performing engineers and data experts. A comprehensive talent strategy ensures the acquisition and retention of such crucial expertise.
Approach to Growth
Maintaining a two-pronged approach— continuously innovating while ensuring smooth ongoing operations—requires a nuanced understanding of the organization's needs. This involves recognizing that innovation should not come at the expense of a well- functioning business.
CIO INSIGHTS REPORT
30
Powered by FlippingBook