Running IT with both High Digital “IQ” and “EQ”

Running an “I” - Information driven IT to improve the overall business’s “digital IQ”: Information is the foundation of creating business insight, insights perceive the new business opportunities and risks. However, the organizational modern data environment is fraught with inconsistency, if IT does it well, it will achieve high business value. Information Management means that the business has the information, that the information has the right quality, that the information is used properly, but also that managing information (the information provisioning) is a strategic imperative, to ensure the right people getting the right information to make right decisions at the right time. IT stands out as a value-added function by managing information effectively and efficiently. It can abstract business and customer insight from explosive information, and bring to the table tailored solutions that meet customers’ needs, while reducing the cost to market, without sacrifice of strategic goals and strategies invoked on it by its business partners. However, in many companies, the person assuming the position of the CIO was rarely seen as the chief 'Information' Officer, but the “Boss of all things Bits and Bytes.” Thus, fundamentally, it boils down to whether the CIO perceive himself/herself as a business leader or leader of the IT function within the organization. The contemporary CIOs with digital IQ should focus on the INFORMATION aspect of the role in the context of the business, modern IT needs more integrated data lifecycle management solutions to conquer information management challenges, and provide information accessibility and availability, ensure transparency and visibility, enable trust and reliability, with the goals of running a highly intelligent and highly effective business.

IT with both high digital IQ and EQ can proactively build all different management capabilities and play a different role to the situation at hand. IT involves co-creating business strategy. What should be focused on is the integration of IT into the business decision processes to improve digital IQ of the business, and leverage IT to build a culture of change and innovation, for improving digital EQ of the business. This will allow IT to shine in both roles –as enabler and driver.
Follow us at: @Pearl_Zhu
Published on August 07, 2016 23:30
No comments have been added yet.