Pearl Zhu's Blog, page 1275
November 21, 2016
Decision-Making in the Uncertain Time

The impact of uncertainty can be, at least in part, addressed by research and knowledge: Uncertainty and risk are inherent in the marketplace; uncertainty and risk are inherent in every venture. "Uncertainty," is a future event that can be mitigated by the acquisition of new knowledge (facts). If you can plan beyond the first point of uncertainty in a project, if you cannot see past that point, but admit to this helps to reduce the risk of uncertainty. The impact of uncertainty can be, at least in part, addressed by research and knowledge. Uncertainty is essentially a lack or void in the current knowledge base. Uncertainty is caused by unknowns - not identified within the scope of the plan, or unknowable - beyond the knowledge and understanding of the decision maker. There's nothing to be done about uncontrollable situation although a good plan or comprehensive research including information collection and knowledge sharing can identify the external factors, and the systematic decision-making process can enable the decision makers to work around the externals, leverage variables, and make tradeoffs to migrate risks
Make a contextual translation of uncertainty vs. risk, and “how to deal with uncertainty" into "how to reduce the degree of uncertainty": There are several kinds of training for uncertainty; uncertainty is about the extent or limitations of current knowledge. Uncertainty suggests a state of mind -cognition. Uncertainty is to overcome in action and in view of the potential for errors. The risk is something one can plan and mitigate. Uncertainty is not something you can plan for or mitigate. Uncertainty is a component or a subset of risk (albeit something that cannot be mitigated), so within 'risk' there is uncertainty. Essentially, from a business perspective, the difference between Uncertainty and Risk is that Risk is quantifiable while Uncertainty is not quantifiable (or hasn’t yet to be quantified). To make better decisions in the uncertain time, it’s important to make a contextual translation of “how to deal with uncertainty,” into “how to reduce the degree of uncertainty,” and mitigate risks for making the best possible decisions.

Decision making is both art and science, this is particularly true in the uncertain time. Guts feeling and information collection, leadership, and teamwork, scenario planning and processes, are all crucial in decision-making effectiveness to deal with the issues of 'uncertainty' within major projects, enterprise scope, and ecosystem.
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Published on November 21, 2016 22:51
“CIO Master” Book Tuning: Digital IT Sense of Achievement

Digital CIOs need to help the business top line growth and improve the net profit: It’s not sufficient to run IT to keep the lights on. More critical than ever, businesses require I.T. to help drive revenue and business innovation -innovative products or services that the business can offer to customers to grow revenue. CIOs should spend more time with their business peers to understand the added value IT systems are providing to the company and spend more time on routine and strategy management. Senior executives are focused on company/business performance. Their number one metric for performance is revenue growth. Profitability/productivity, which I.T. has strong impacts on. Improving revenue alone without improving net will become meaningless, so a CIO should help the business to improve net, by reducing cost of doing business by various means such as right sourcing and sizing, keeping IT cost flat while at the same time maximizing its output, so when the business revenue increase, IT cost remains the same which will improve net or what will improve the top line and at the same time decrease expenses to improve the bottom line.
Digital CIOs must also be able to optimize the IT operation within itself: IT Transformation is the journey to pursue business agility, enable operational excellence, catalyze new service/product innovation, drive customer experience optimization, and improve employees satisfaction, these are five pillars in building a high-performance digital enterprise and achieving the ultimate goal of the digital transformation. IT resource needs to be well aligned with the business strategies and objectives (IT Effectiveness and Efficiency). It is also something to have the IT resources (people and operational IT processes) refined to the point that they are nimble, can adapt to changing business demands in a timely fashion, can be reapplied to altering business priorities and be effective with little down curve (IT Agility). When a CIO is able to position and maintain the IT organization to ensure it addresses IT effectiveness, IT efficiency, and IT agility, they have earned their stripes.

Digital CIOs can have a sense of achievement when running IT as a business; make IT integrated into the company while avoiding making it a separate "stand alone" department; make it clear that the direction and accomplishments of IT are directly affected by the entire company's involvement. Ensuring a high-performing, high-reliable and high-proactive IT is the key success factor in organizational digital transformation.
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Published on November 21, 2016 22:47
November 20, 2016
The Monthly Gap Minding: Close the Innovation Gaps to Accelerate Digital Transformation 2016

How to Bridge the Innovation Execution Gap Although innovation is at every forward-looking organization’s agenda, there are at least two gaps existing in innovation management: idea gap and execution gap. More often than not, companies seem to continue to have more ideas than execution expertise. If you have an idea, you gain only if you have the right methodology to implement the idea. However, there’re gaps between innovation strategy and innovation execution, how to mind?Three Gaps Digital IT Can Bridge Forward-looking organizations are reimagining the digital potential of IT and reinventing IT reputation from a cost center to an innovation engine. However, the majority of IT organizations still get stuck at the lower level of maturity, running as a siloed function. Despite the mountain of evidence pointing the detrimental effects of these silos, they still seem to be quite common in the organization. What are the root causes to silos? Are silos a mere product of organizational design? Or is their nature tied to human nature? What are silo effects which stifle innovation, and downgrade IT effectiveness and performance? What would be some ideas to assist in breaking down silos in an organization where they are present?
Three Silo Effects to Stifle IT Innovation? Technology is permeating into every corner of the organization, and the information is the lifeblood of the business. However, many IT organizations still get stuck in the lower level of maturity, with the reputation as a cost center, support desk, controller only, or even the bottleneck to slow the business speed. So how can IT leaders reimagine IT potential, reinvent IT brand, overcome culture inertia, and numerous digital barriers to bridge the gaps between IT and business, and run a frictionless IT to achieve the high-level business result?

Published on November 20, 2016 22:17
Digital CIO’s Three Practices to Build Business Advantage

Information grid: In order to improve IT effectiveness and unleash its potential, IT leaders need to make an objective assessment of IT maturity. Create a comprehensive list of the IT organization’s strengths, weaknesses, goals, and objectives based on self-evaluation. They need to equip with the power of knowledge: (1) Understand IT strengths and weaknesses. (2) Understand IT teams strengths and weaknesses. (3) Comprehensive knowledge of the business and competitors. Map the information into an information grid. Your goals and objectives will be your drivers. Laser focus on what is good for the business, and what defines success. Because often technology is the disruptive force behind digital innovation, besides strengths and weaknesses analysis, it’s also important to analyze trends. Opportunities and threats cannot exist without a context of interactions, which constitutes an implicit system. Opportunities often double up on strengths and threats often double up on weaknesses. By adding the trends, you're asking the organization to look at what's happening now and what's coming down the pike so they can be proactive in preparing for it.
Identify gaps: The CIO needs to know how to play a bridge between what the business understands and what technology understands. He/she would then make sure the two worlds meet to ensure an optimal performing business. What C-level executives really want is a partner, someone who knows what they want before they know themselves, who innovates by understanding the business, as well as what they do; the partner that works both "on the business" and "in the business," not just "for the Business. IT leaders involve co-creating business strategy. This will allow IT to shine in both roles –as enabler and driver. This would then drive products and services for customers at the best possible cost and ensure as high as possible shareholder return on investment. IT is the only functional domain which is at the unique position to oversee business processes and build digital capabilities. Hence, it plays a significant role in identifying the gaps between strategy and implementation. IT proactively works as an integral part of the business to capitalize on opportunity via leading the transformation; IT is a key component in building differentiated business capabilities, and business catalyzer to reach high-level performance. The IT leader is positioned to understand the business across the enterprise. When he/she can accomplish that goal, that is when IT can drive value into the organization.

Digital CIOs as top business leaders today need to be Chief Information Officer, Chief Interaction Officer, Chief Innovation Officer, and Chief Improvement Officer, etc. When top leaders, regardless what type of mind you have, go beyond short-term gain, take calculated risks and make long-term investments, and develop a series of practices to build the business advantage, organizations have a better opportunity to shift from surviving to thriving mode.Follow us at: @Pearl_Zhu
Published on November 20, 2016 22:11
November 19, 2016
CIOs’ Digital Agenda: Five Big “When”s in IT Digital Transformation Nov. 2016

Five Big “When”s in IT Digital TransformationIT Transformation Debate: When Should IT Lead, When Should IT Follow? More often than not, technology is the catalyst for driving business change and digital transformation, however, in most of the companies, IT is still perceived as an order taker and support function, and most of IT organizations get stuck at the lower level of maturity for functional alignment or enabler. So IT is at a crossroad: Shall IT lead or follow? Should IT leadership rock the boat or just keep it afloat? And how to run digital IT with high speed and agility?
When should the CIO take The Initiative to Promote Strategic Business Transformation? Either fast-growing businesses or well-established organizations have to continuously adapt to the numerous changes and well chart the path to significant business transformations such as digitalization or globalization, should CIOs take the initiative to promote such strategic business initiatives, if so, shall they promote at the front or lead from behind? Are they more as idea initiator or governance champion? And what’s the best scenario to take such transformational leadership?
Change Management at the Cross Road: When to Make a Big Jump, When to Take Small Steps? Due to the “VUCA” new normal of the digital age, either at the individual or organizational level, “Changeability” becomes an important measure to assess a person or a business’s potential, agility, and maturity. Unfortunately, change is not as easy as it sounds, more than two-thirds of business change initiatives fail to reach the expectation. Change Management in many organizations seems to be at the crossroad- Should you take an audacious approach of accelerating digital transformation, or take small steps for making incremental changes? What are the bottlenecks for changes, and how to avoid pitfalls in making a big leap?
The CIO’s Tough Choice: Be Proactive or Reactive, and When? Organizations large or small on the journey to digital transformation, IT plays a critical role as an enabler to drive changes. From IT leadership perspective, why are some CIOs reactive, rather than proactive in trying new technologies? Are they just reluctant to changing a working system, or are they not empowered enough?

The “Future of CIO” Blog has reached 1.6 million page views with 3300+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. blog posting. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating the new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes the time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.Follow us at: @Pearl_Zhu
Published on November 19, 2016 23:50
Five Focal Point to Digitize and Innovate Education

Metacognition: Or learning how to learn, is a vital element of independent learning in the digital era of rapid and relentless change. Traditional education is often one size fits all; digital education should be individually tailored and advocate self-directed learning. When we talk about meta-cognition, we're looking at process rather than outcomes. With this in mind, you’d want to observe learners in context while they are learning and try to gather evidence of their thought processes. By supporting learners to learn how to learn, critically examine their thinking and reflect thoroughly on what behaviors helped them learn, they will become better problem solvers, continuous lifelong learners and adapt more readily to whatever changes life/work throws at them. Metacognition can be assessed by observation and conversation. By asking questions and listening, you can understand how the individual is thinking; by continually asking how a person arrived at a particular statement, concept or idea, you can deduce how a person is understanding the things or the situations. A big part of metacognition and more importantly, why metacognition is important, is to give the learner an opportunity to be aware of and understand their own strengths and weaknesses so that they can learn or adapt their skills and strategies. Examining the learning process enables you to develop more effective learning and teaching approaches. If you know more about how people learn, you can work toward developing strategies that stimulate and support it as effectively as possible.
Developing multidimensional thinking skills: Traditional education focuses on instilling static knowledge, digital education needs to focus on developing thinking ability. The very quality of education is to assess how well it shapes the right sets of mind (growth, progression, creativity, open and learning, etc), and develop the multidimensional thinking skills such as Independent Thinking, critical thinking creative thinking, holistic thinking, strategic thinking, etc. “Quality" would be associated with an "Education" that fosters excellent problem-solving skills, ability to turn new ideas into innovative products, ability to apply specific knowledge as tangible applications in some field or another, ability to switch from meta-cognitive analysis to micro-analysis while understanding how the rules change when doing that, superb linguistic skills, fluency, and speed. The educators need to be creative enough to encourage and reward creative thinking and problem-solving. Education provides the broader window to see the world with knowledge lenses, but shouldn't become a constraint to limit one's imagination.
Time Management discipline: Traditional education focuses on setting a mandatory schedule, digital education needs to help receivers build time management skill. Time is the most perishable thing, it is not storable. Time does not wait for anyone, and it treats everyone equally. Time is the order of moments in which the mind perceives the changes. Hence, it is the construction of the mind. Good Time Management skill can boost confidence and build new capabilities, which can be gained through self-improvement. The effective time management boosts creativity as well, it makes you creative oriented, mature and generous enough. The wise time management can make life more meaningful, creative and productive.
Self-direct learning: Traditional education often has teacher driven agenda, digital education should evolve self-direct learning scenario, to encourage receivers thinking “who they are,” and explore “who they want to be.” Today’s digital-savvy generation will become more inquisitive than the previous generations, they have many inquiries: Why should we learn that static knowledge that I can search the internet only clicks away? What’s the connection between what I learn and what happens in the real word? How can I apply my learning to solve the problems which I am interested in? I want to be a unique human being, not just a commodity product with “score identity.” The emergence of social platforms and digital learning tools provide the new way to learn, share and collaborate, and the hybrid solution of formal and informal learning make self-directed learning a reality and imperative to unlock innate human ability, unleash unlimited human potential, and make learning not just mandatory, but fun and inspiring.

Education is the means to the end, it should never become a status quo. The education, we get may be, takes us out of the well, but for some, it also sets the limit for their continuous learning and growth due to the burden of credential; or add the filter to blur the visions or build silos. Education's objective should be to provide the foundation that results in the addition of new information and discoveries. Therefore, furthering the quality of civilization and enriching the role we play in the universe. To value and develop the child's natural potential and give a space to his/her creative, instinctive way of discovering the world,
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Published on November 19, 2016 23:46
How can IT improve Fluidity of the Digital Organization?

Keep information and knowledge flow in the digital ecosystem: The aim of modern Information Management has often been described as getting the right information to the right person, in the right format and medium, at the right time, in order to make right decisions. Information and knowledge do not stand still! It flows into the company, it flows out of it, it erodes; it gets created, and hopefully it flows to the customers of the company in terms of product and service delivery as well. As the accepted industrial model of knowledge management is too hierarchical, too centralized for the fast-moving, increasingly social or collaborative digital enterprise of today, there is a shift from more traditional knowledge management approaches to techniques that involve enhancing the "flow" of knowledge within a high mature digital organization to improve access and use. IT as the information steward of the business can achieve the qualitative and measurable value of information to catalyze business growth, also solve some of the pains underlying it, unlock the latent expertise, integrate information and knowledge management to build a culture of learning and innovation via following the principles such as connect-collect-collaborate; ask-learn-share, and improve organizational fluidity.
Idea and creativity flow: Digital is the age of innovation. The main barriers to innovation are silos, rigidity, inflexibility, static mindset, or bureaucracy, etc. It is important to build a scalable idea management which means for sharing and building ideas throughout the enterprise, even across silos and geographies. Idea flow can be streamlined via cross-functional communication, common business language for understanding, incentives to encourage sharing, focus - pay attention to ideas from others, and prioritization - select the ideas which can have a better opportunity to implement and maximize business value, skills - capability based idea management. Most good ideas emerge from interactions, not single individuals. Also, 3C (Communication, Collaboration, and Coordination) are necessities for good idea management. Therefore, idea flow is important for both idea creation and management. Good ideas nearly never emerge spontaneously. They need to seed and mature.

A digital business ecosystem is open, fluid, dynamic and energetic because the speed of change is exponentially increasing. Organizations today have to become highly responsive, and hyperconnected. Digital favors hybrid solutions, IT can weave all crucial business elements such as people, process, and technology into organizational competency for running a living digital organization.
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Published on November 19, 2016 23:38
November 18, 2016
CIOs’ Digital Agenda: Five Big “Which”s in IT Digital Transformation Nov. 2016

Which Color is CIO’s Parachute ? Based on the feedback from CIO forums, it seems that it is not only the CIO who is being asked to simultaneously be proficient as a strategic leader to a tactical manager, and even a technician being able to sing Kumbaya with every level in her/his company. It seems that other technical specialists may also be getting asked to perform similar functions. If this type of talent is really out there, it seems that the term associated with the above condition is described via the Purple Squirrel Syndrome?
Which is the best way to demonstrate Multidimensional IT value? IT is at the cross road, some high-performing IT organizations have built solid value proposition, and moved up its maturity to become the game changer and business catalyst for their companies. However, the majority of IT organizations get stuck in the lower-level of maturity and struggle to prove their unique value, for helping the business gain competitive advantage. So what are the best ways to demonstrate IT value, through analytics or metrics up front; through business cases or portfolios; through governance discipline; through agile practice or just through business-IT mutual understanding?

The “Future of CIO” Blog has reached 1.6 million page views with 3300+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. blog posting. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating the new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.Follow us at: @Pearl_Zhu
Published on November 18, 2016 22:52
Five Pillars of “Digital Master” Book Series






Digital transformation represents the next stage of business maturity which will improve how the enterprise works and interact with its ecosystem, with the people at the center of its focus. Most companies naturally aim to move into a more advanced stage of digital deployment by tailoring their own unique strength and business maturity. They hope to outstrip competitors and eventually become the digital masters. “Digital Master” book series intend to throw some light to help the digital leaders and professionals to understand digital transformation in a holistic way, and become digital ready psychologically, intellectually, and methodologically. Follow us at: @Pearl_Zhu
Published on November 18, 2016 22:49
IT Fitness: Manage Right to Amplify Digital Effect

Customer Perspective: A digital fit IT is moving up from IT-business alignment to IT-business alignment. IT has two sets of customers: the internal users and the end customers of the company. Digital IT is customer-centric, though it doesn’t mean IT is only an order taker, do whatever customers’ request for. Digital fit IT can deliver tailored customer solutions, It is IT management's responsibility to offer alternatives if they cannot deliver what is requested. IT also plays an important role in digitizing touch points of customer’s experience. Well-managed IT directly influence a customer's perception of a business. IT enables business innovation to create a value proposition that would move your prospects to become your clients; more importantly, to improve customer retention. Deploy a range of technologies that focus on improving the customer's experience and perception of business services, and making the investment to deliver to them products / services which more closely meet their needs, you are doing so to a greater extent than your competitors. Thus, IT is crucial to help the business become customer-centric, highly responsive, and highly innovative.
IT investment perspective: Besides people, IT perhaps is one of the most expensive investments in organizations today. Besides people, IT is also one of the most invaluable assets of the business as well. Information Management helps to optimize various business management, directly or indirectly related to long-term revenue. To keep digital-fit, IT priorities (business Value) are clear and no longer look arbitrary. There is a comprehensive business justification for information technology investment and longevity of investment including IT expenditure vs. saving. In almost every business environment, IT is an enabler / a tool that needs to be used efficiently and treated as an asset like any other capital investment specified and used accordingly. Digital fit IT can make wise investments to unleash its potential and the entire business potential to maximize performance and accelerate digital transformation.

A high-performing IT will engage business for both questions and answers, businesses also should learn and support their IT, as trust is a two-way street. When IT speaks the business language, credibility increases. Ultimately, what the forward-looking CIO and digital fit IT, in general, must truly understand the business visions and goals. Digital CIOs are uniquely placed to influence change through the expansion of domains of automation and the use of lightweight and cost-effective technologies to provide a competitive advantage, open new channels to market, retain and grow the customer base. Organizations which operate this way have happy staff and delightful customers, superior business capabilities, strong balance sheet, and positive social influence upon the environment.
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Published on November 18, 2016 22:39