“We don’t really need executives to blog, friend, or tweet, but we do need them to understand how their current IT capabilities stack up against the competition; how IT-enabled changes to business processes and information could enhance the customer experience; and what it means to sponsor a project, drive IT adoption, and realize value from IT-enabled investments. It’s time (actually way past time) for executives to assume personal accountability for understanding and managing IT and to cascade digital accountability and authority down through their organizations by incorporating IT-smarts in job descriptions and hiring criteria.”
This is ‘data-gadget-sports’ cool. And hey, my tennis game has nowhere to go but up.
“But tech can also make us better athletes by providing us with information about our sporting performance – whether it’s shoes which log a basketball player’s jumps, or outfits which give dancers feedback about their moves. Tennis players could soon be getting in on the tech-helping-hand action with the introduction of an interactive racquet.”
I see this with my clients. Establishing relationships with VCs is a part of a good listening post strategy
“When Equinix (EQIX) Chief Information Officer Brian Lillie wants new business tools, he seeks advice from a venture capitalist, bypassing sources like IT consultants or the biggest names in enterprise software.
He takes that unusual route because many of the latest innovations in cloud computing and software-as-a-service are coming from startups, not enterprise mainstays like Oracle (ORCL) or International Business Machines (IBM). Venture backers who get early looks at emerging companies as they consider cash infusions can be the best guides to the most promising new technology.
““The ship collects ridiculous amounts of data,” said Walker. Chevron gathers information that includes five dimensions – the x and y coordinates of both the wave’s source and target – along with the time it was collected. The company uses Hadoop software to sort that data. It’s one step in more than 25 steps Chevron takes with the data to create a picture for engineers to use to locate oil reservoirs. Chevron uses a supercomputer to create models and simulations of the underground environment.”
Good idea. Share experience and metrics in commodity stuff. Free up CIO agenda for differentiating uses of technology.
“A new non-profit group, launched today during a videoconference attended by over 500 members, says it wants to help CIOs by developing best practices and benchmarks they can use to run their IT organizations. The new group, the Technology Business Management Council, is an outgrowth of IT optimization services vendor Apptio, and inherits the vendor’s methodology for managing IT organizations. The organization’s governing council includes respected IT executives, including its co-chair, Cisco CIO Rebecca Jacoby, as well as First American Financial CIO Larry Godec and Clorox CIO Ralph Loura.
The council is trying to address a problem CIOs have traditionally struggled to resolve– proving the value of the IT services their organizations provide, and making the case for IT investments the company needs to improve productivity and seize new market opportunities.”
Similar to the creation of e-commerce groups in the 90s — mix of business and tech pros — organizations are now creating Digital Ventures for customer touching, revenue generating, business-technology (digital) capability. As e-commerce was led by tech-aware business exec (marketing), digital ventures are being run by Chief Digital Officers (CDO).
This continues the bifurcation of classic IT into supporting and revenue lines.
‘Adam Brotman, formerly senior vice president of Starbucks Digital Ventures, was named to an entirely new executive role, chief digital officer. With the creation of the CDO role, all of Starbuck’s digital projects — web, mobile, social media, digital marketing, Starbucks Card and loyalty, e-commerce, Wi-Fi, Starbucks Digital Network, and emerging in-store technologies — were packaged together and placed under Brotman’s care.’