The Monthly Gap Minding: Close the Innovation Gaps to Accelerate Digital Transformation 2016

With the increasing speed of changes, many organizations are inundated with tactical tasks and daily operational duties, they don’t spend enough time on scrutinizing the long term strategy and identify disastrous blind spots in order to make a smooth business transformation. Indeed, there are both blind spots in strategy formulation and execution. So how to identify and close those blind spots in order to accelerate digital transformation.Close the Innovation Gaps to Accelerate Digital Transformation Innovation Gaps? There are many forms of innovation - technology, application, product, design, business model, process, communication, or customer experience, etc; there’re also many ‘flavors’ of innovations, systematic innovation, customer-centric innovation, open innovation, design-driven innovation, or management innovation., etc, but fundamentally,  what are the innovation gaps, the gap differentiation helps delineate the problems and opportunities for innovation, and through identifying such gaps, business can manage innovation portfolio more effectively?
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?
Innovation Gaps? There are many forms of innovation - technology, application, product, design, business model, process, communication, or customer experience, etc; there’re also many ‘flavors’ of innovations, systematic innovation, customer-centric innovation, open innovation, design-driven innovation, or management innovation., etc, but fundamentally,  what are the innovation gaps, the gap differentiation helps delineate the problems and opportunities for innovation, and through identifying such gaps, business can manage innovation portfolio more effectively.?The “Future of CIO” Blog has reached 1.6+million page views with about #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, to inspire critical thinking and spur healthy debates. 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
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Published on November 20, 2016 22:17
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