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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. Her expertise spans customer-centric innovation, operational leadership, and leadership development in global organizations.
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. Step 4: Operations alignment. Therefore, it’s critical to hire an experienced CTO. Step 2: Culture alignment. And why is that?
Innovation is clearly a hot topic with many leaders today. Yet how exactly do you foster innovation within your company? Every day, we hear more leaders call for increased innovation from their organizations. None of the innovative leaders operated in the way that is often described as the key to leadership success.
Recently, African business leaders have focused on innovation in the workplace and the imperative to nurture and grow talent on the continent. I led a discussion on leadership principles and mindset and let the room evolve into an open debate on what was working and what was harmful in day to day operations. Johannesburg, South Africa.
The study found that CHROs with strong abilities and relationships, and who work in a supportive environment, are almost twice as likely to successfully integrate data, technology, and people, and four times more likely to have effective relationships and influence with other C-suite executives, including the CEO, CFO, CTO, and COO. “As
The definition that I operate from is that leadership is any means by which two or more people develop the ability to cooperate and take collective action. He was the CTO of a global manufacturing company. “The more individuals there are in a meeting, the higher the risk of confusion and poor alignment.” -Tom Tom Goodell. .
We at MIT CISR have found that enterprises are using one or more of three approaches to managing total digitization: convergence, coordination, or a separate digital innovation stacks approach. At Boeing, all enterprise technology (including digital) investments are managed by the CTO, which enables significant synergies. Convergence.
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!
Sephora has always been an innovative global business, doing things a little differently, which is what drew me to the brand. When you arrived, what did you see as the opportunities and priorities for increasing digital innovation? The impact that had on the operations and culture was significant. What haven’t you solved?
In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Similar waves of innovative applications of technology (e.g.,
And because organizational change tends to be driven by those who most acutely feel the pain, it’s often line managers who are the strongest champions for “talent tech”: innovations in how firms hire people, staff projects, evaluate performance, and develop talent. Talent tech raises urgency for further talent innovation.
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.
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.
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.”
Managing this rapid change and fostering innovation while "keeping the trains running on time" is the primary leadership role required of any CIO, new or old. This will allow us to most effectively allocate resources to the most strategic and innovation-focused initiatives. Generate Room for Innovation.
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.” The Future of Operations. Insight Center.
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. At most big companies, would-be innovators have to submit their proposals to review boards and then wait months for funding.
This perspective created the industrial economy lens through which most managers perceive their operations. Industrial age measures can''t evaluate Serendipity Economy results, leaving its outcomes like invention and innovation, process improvements, and new businesses relegated to the evidence of anecdote. IT management'
Yet wanting to be closer with customers, and knowing what actual, operational pathways to take in order to achieve this are two very different things. The Future of Operations. Using these principles Intuit began driving design thinking deep into its culture and operations. Insight Center. Sponsored by GE Corporate.
PMs have to have a deep understanding of how the organization operates and must build social capital to influence the success of their product – from obtaining budget and staffing to securing a top engineer to work on their product. They can get “lost” in the system and have to deal with more politics and tight budgets.
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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