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Meet the experts: These articles feature insights from six industry leaders with deep expertise in leadership, organizational strategy, innovation, and talent management. He has led multicultural, cross-border teams and managed international companies navigating complex market transitions.
Shifts in CTO Responsibilities Over Time The Chief Technology Officer (CTO) role has evolved dramatically over the past few decades, driven by rapid technological advancements and shifting business landscapes. With technology evolving rapidly, CTOs must stay on top of the latest trends to keep their organizations ahead.
To tackle these issues, for the past five years, the new trend in executive hiring has been the Chief Transformation Officer (CTO) role. This is where the CTO role gets into the spotlight. This is an arduous task, especially if the CTO doesn’t hold the proper authority or have the support of the Executive Board.
The most sophisticated companies understand this implicitly, which explains why many leadership development programs now focus heavily on what they call “narrative competence” the ability to create compelling stories about complex market forces, client relationships, and individual career trajectories that withstand tumultuous periods.
Needing a way to capture and document this event, I recruited Dan Evans , our Chief Marketing Officer , to join me on a journey that would span over 42,000 miles on four continents ( 11 countries total, including stops ) to interview and record sessions with experts in the science and art of leadership. Johannesburg, South Africa. Conclusion.
It is possible that there are redundant jobs that the Nike workforce layoffs will address, even as the employees affected are left bereft in a job market with unstable prospects. According to Retail Dive , the company has returned to conversations with outlets like Macy’s, Foot Locker, and DSW to help make progress with innovation.
SAS – Providing organizations with THE POWER TO KNOW ® SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Consider these 11 ideas from the Radical Times Webcast series by SAS Marketing Director Jonathan Hornby: 1. We want to come out strong.”
These are the people who will turn things around, lead the organization to innovate, and drive through challenges. Over the past 27 years of my career in marketing, brand management and executive search + coaching, I’ve found time and again that organizations have blind-spots when hiring talent. That’s right.
Leadership is shifting as we grapple with technology changes, shifting market realities, new business models, and unpredictable outside forces. He was the CTO of a global manufacturing company. Thrive in a Hyper-Connected World. Comment on how this model has helped people. I had multiple wonderful experiences with this client, ‘John’.
"Asia Fueling Global Innovation." That was the theme of the 2-hour panel discussion I moderated as part of a full-day ceremony celebrating the groundbreaking of Procter & Gamble's SGD 250m Innovation Centre in Singapore. Historically, 80 percent of its growth comes from innovation. Brown noted three specific challenges.
Western multinationals — especially the most successful ones — consistently struggle to achieve their growth targets in emerging markets. Because they try to repeat their past success formulas — the ones that work so well for them in developed markets. It is impossible to earn healthy profits in emerging markets.
Hill began to dig into the scholarship around leadership and innovation, she soon realized there was a lot of research on both. Specifically, what is the role of the leader in creating and sustaining an innovative organization? Or, as Hill puts it, “Conventional leadership won’t get you to innovation.”
If you had zilch , you'd have to be more innovative, more passionate, and more creative. Boards that look more like their target market have a better understanding of their target market. The Teach for America board includes teachers, and parents of kids in public schools — members who represent diverse markets.
Your energy and track record of successfully launching high-impact initiatives scored you a plum role heading up innovation. Expectations are high, but some skeptics in the organization feel that innovation is an overhyped buzzword that doesn’t justify being a separate function. Congratulations!
Hill began to dig into the scholarship around leadership and innovation, she soon realized there was a lot of research on both. Specifically, what is the role of the leader in creating and sustaining an innovative organization? Or, as Hill puts it, “Conventional leadership won’t get you to innovation.”
What they don’t do well enough is reinvent and innovate. Sure, there are exceptions who are both visionary CEOs and innovators — Steve Jobs and Jeff Bezos, for example — but there are very few companies that can stomach that sort of leadership. So if the CEO isn’t someone who can innovate, then who should?
As many companies move from exclusively internal focused R&D to distributed-innovation systems (e.g., A new component of the IT function must be developed to support this category of work: the Distributed Innovation Group (DIG). online idea markets), the center of expertise for innovation support, and analysis across the enterprise.
Yet, in a function driven by innovation and the uncertainties surrounding the application and implication of future technologies, not using scenarios is tantamount to management malpractice. Scenarios can help IT organizations create more resilient plans, practice for business climate changes, and better drive innovation.
Similar waves of innovative applications of technology (e.g., My friend Craig Bickel , Principal at IT strategy consultancy WGroup told me that: "While functional responsibilities will remain specialized, innovation, implementation, and value realization must be shared between the business and IT." IT Doesn''t Matter (to CEOs).
Starting a global engineering operation “essentially doubles the expense for 6-12 months,” says former Informatica CTO, James Markarian. ” Anurag Garg, head of Polycom’s India Innovation Center echoes this, “Video conferencing as a tool is a big enabler for better collaboration with remote teams.”
While Agile began as a product development innovation, it sparked a corporate strategy and process revolution. Companies that can successfully implement Continuous Development throughout their organization will find dramatic strategic benefits, including: Faster time-to-market. Customers enjoy the benefit of new features sooner.
Technology innovation is not slowing down or leveling off, but ramping up — and businesses will soon face a barrage of new digital possibilities. IT is already being asked both to industrialize traditional infrastructures and systems fast to save costs, and to innovate customer experiences and operations with new digital technologies.
While we''re all familiar with the decline of Research in Motion, this oral history contains first-hand accounts of RIM''s glory days of innovation, followed by inglorious missteps. Oh, and an offer from then-up-and-coming star Justin Bieber to rep BlackBerry, an offer that was rebuffed by the marketing department. Everyone laughed."
Performing market assessments. Managing tight deadlines, revenue targets, market demands, prioritization conflicts, and resource constraints all at once is not for the faint of heart. So, what should you consider if you’re thinking of pursuing a PM role? Running design sprints. Feature prioritization and roadmap planning.
Those companies that do not continually innovate and adapt along with advances in technology and changes in society eventually see their products or services fade in importance. They orient their firm around the needs of their home market alone. Meanwhile, competitors, or simply new and better ways of working, replace them.
This seems to be a key question on the minds of not just marketers, but company strategists these days. This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. How well do you know your customers?
These three change accelerators are what lie behind today''s avalanche of business transformation, and they are directly affecting the roles of CIO and CTO. And, just as the CIO''s role needs to change, so too does the CTO''s—from Chief Technology Officer to Chief Transformation Officer.
Sephora, the cosmetics retailer, has been widely recognized as a leader in integrating its digital marketing efforts into its overall strategy. As one sign of that, Sephora has a single executive who serves as both chief marketing officer and chief digital officer. Marketing and internal IT expertise are both at the table.
As a result, in recent years, innovative ideas have been stifled and entire industries have fallen into the death spiral of cost/price cutting commoditization. Instead of risk = bad, leaders need to understand that today, calculated risk = innovation, meeting marketplace demands, leapfrogging competition and creating true profit.
Four years ago, Craig Hatkoff, co-founder of the Tribeca Film Festival, approached me about a brainstorm: an event recognizing and celebrating breakthrough innovators. When I suggested to Clayton Christensen that we partner with Hatkoff to create the Tribeca Disruptive Innovation Awards , Clay’s response was : I trust you Whitney.
And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.”
Scaling up introduces complexities that require innovative approaches to meet employee expectations and maintain operational stability. Moreover, losing key employees can result in a loss of institutional knowledge and weaken the organization’s ability to innovate.
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