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Generation Next

Filed in archive General by steve on March 29, 2005

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Was just reading a report at Mckinsey Quarterly titled "Next Generation CIO", there were quite a few interesting points in that piece,

Excerpts:
  • Move from Operational role of IT management to Innovation management, CIOs today do an excellent job of overseeing IT operations, but very few lead their companies efforts to real business benefits from IT investments.
  • Basically "need a CIO who can find ways for IT to change the company, not just run it"
  • New IT investments decision making process, which requires greater business unit involvement, Get the line/business unit leaderslinks involved in defining the organisations IT Agenda & stop looking at IT investments from a purely cost perspective, IT reports on operating costs & reliability should be replaced with reports focussing on IT driven business & financial metrics , such as business process errors.
  • Problems business unit Managers have with IT Mgmt
    • CIOs aren't upto speed on issues confronting the businesses
    • Cant think through the implications of systems trade offs, on business unit level for planned / proposed implementation
    • CIOs are not proactively bringing BU leaders new ideas about how technology can help them compete more effectively.
  • Playing the role of the cost cutter focussing on the supply side, keeps their mind off, delivering competitive functionality, not even thinking about INNOVATIVE solutions.
  • Making the transition
    • Ensure that IT is efficient and then make the transition to effectiveness
    • Reengineer relationships with business leaders
    • Invest a business committee with technology oversight
Prashanth Rai


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