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As organizations increasingly rely on technology to drive growth and innovation, the role of digital leaders has become paramount. Digital leadership is not limited to technology-driven companies; businesses across industries recognize the need for influential digital leaders to stay competitive in the market.
Peter Drucker said that– business has two–and only two–basic functions: marketing and innovation. Well, your company probably already has a ChiefMarketingOfficer (CMO), and most likely a ChiefInnovationOfficer (CINO, to distinguish from your ChiefInformationOfficer, CIO).
The transformative nature of GenAI is helping us accelerate the rate of innovation across our operations, and we’re excited about the role these new tools and applications will play in driving growth.”
There is nothing like escaping the winter of Melbourne, Australia, for the warmth and relaxation of Bali. The beaches, the rice terraces, the mountains, the beautifully kind people, the food, the vibe – there are so many reasons to make Bali your next holiday destination. But, what if you want more than a holiday? As […].
Today, at large organizations, innovation is the new El Dorado. Chief executives and business unit leaders weave the word innovation into their PowerPoints, hoping it will magically yield better product ideas, or miraculous improvements to existing processes. I’m not (only) mocking the cult of innovation.
Most of the labour market movement we have seen in […]. Everyone who knows me, knows I reject ‘The Great Resignation’ – it’s a million-dollar catch-phrase, but it’s quite dangerously misleading. This is not a great resignation – which suggests that people have made a sudden decision to do something dramatic that we didn’t see coming.
But today, acquiring and interpreting customer data inherently must involve both the marketing and IT departments. In fact, recent research [PDF] conducted by the CMO Council, suggests that this process should start with the ChiefMarketingOfficer (CMO) and the ChiefInformationOfficer (CIO).
” Survey respondents included Presidents, ChiefInformationOfficers, Chief Analytics Officers, ChiefMarketingOfficers, and Chief Data Officers representing 50 industry giants, including American Express, Capital One, Disney, Ford Motors, General Electric, JP Morgan, MetLife, Nielsen, Turner Broadcasting, United Parcel Service, and USAA.
I write about high-performing groups and teams. Venturing into an article about travel is as much a departure for me as my recent trip to Mexico. My wife and I reacquainted with our favorite resort – Esperanza in Cabo San Lucas, part of the Auberge Resorts Collection.
But if accounting once led to widespread computerization, marketing is leading today’s digital revolution. And it’s the marketing department that’s become the central repository. Marketing finds itself in the vanguard because it stands to gain the most from digitization. Starving IT of budget takes a heavy toll on innovation.
Thus, even though both marketing and IT professionals say they want to be more collaborative, meaningful collaboration is unlikely to occur. Thus, even though both marketing and IT professionals say they want to be more collaborative, meaningful collaboration is unlikely to occur. Surely there is truth to both sides'' complaints.
But too many organizations are stretching their ChiefInformationOfficers (CIO) too thin. CIOs are being tasked with managing internal business systems, cloud-based services, big data innovation, data security, and the 24x7 needs of global customers who access company data on personal devices.
While moderating somewhat due to rising interest rates and other factors, the real-estate housing sector continues to generate record sales — particularly in certain pockets throughout the country, including cities in Florida, North Carolina, Arizona, Colorado, New Mexico, Texas, and California.
Is there a market opportunity the company is overlooking? Clearly articulate this need as soon as you begin, because no matter how well researched or innovative your solution, you won’t get support if the need isn’t apparent or convincing. An 8-fold increase in the marketing budget. ” says Sheen. The price tag?
Just over one-quarter of firms (27%) are pursuing some combination of innovation and disruption, speed to market, or data monetization initiatives. However, there is still a lack of clarity about how different data-oriented roles (chiefinformationofficer, chief data officer, chief digital officer, chief analytics officer, etc.)
Finance, Logistics, Marketing, Sales, as well as Production and Quality all produced large amounts of data that could be interesting for data science pilot projects. But the momentum it created is something we do not want to miss”, said Dr. Jürgen Sturm, ChiefInformationOfficer.
The survey gathers perspectives from a small but influential group of executives — chiefinformationofficers, chief data officers, and senior business and technology leaders of Fortune 1000 firms. Identify opportunities for innovation. Innovation continues to be a source of promise for Big Data.
But they also have changed how they work with each part of the company, allowing them to learn and adapt faster as new opportunities arise and markets change. In the past, IT just provided direct services to the operating groups, according to ChiefInformationOfficer Hector Calva.
While the immediate risk posed by the crisis in Gaza to international financial markets is the risk of Iran’s involvement and the resulting hike in oil prices that could devastate the world economy, billionaire Ray Dalio has an even more long-term concern.
I don’t want to scare you, but the status quo is a death sentence. Most modern organizations are run using systems and strategies that will seem almost comically outdated a few short years from now.
The job of ChiefInformationOfficer has never exactly been easy. The persona of the next-generation CIO is evolving from Chief Infrastructure Officer through Chief Integration Officer and Chief Intelligence Officer to ChiefInnovationOfficer. Organizational DNA.
In a recent article , I suggested that the role of the CIO needs to shift from ChiefInformationOfficer to a ChiefInnovationOfficer, due to the massive, rapid, multiple technology-driven transformations that are occurring today.
And yet when companies suddenly decide to “get more innovative,” starting hackathons, idea competitions, and accelerator programs, they typically forget to address all those things that kill perfectly good ideas after they hatch. Here are six ways to change that. Start with a survey. At the storage and software company EMC Corp.,
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