The key to successful leadership today is influence, not authority. Ken Blanchard
Modern CIOs face many dilemmas: being sustainable or disrupt, keep status quo or innovative? Act as a business executive or an IT manager., etc, command-control leading style is no longer effective to make business transformation at today’s 3D (physical, virtual, mental) working environment, and conventional IQ & EQ may also not be sufficient enough to deliver high impact leadership influence. .
Modern CIOs face many dilemmas: being sustainable or disrupt, keep status quo or innovative? Act as a business executive or an IT manager., etc, command-control leading style is no longer effective to make business transformation at today’s 3D (physical, virtual, mental) working environment, and conventional IQ & EQ may also not be sufficient enough to deliver high impact leadership influence. .
1. Three Depths of Influences: (SQ + IQ + PQ)
Strategy is about a set of choices, to leverage cohesive business capabilities, and follow a series of actions for organization to compete for the future. CIO need become a business strategist to perceive the potential opportunities and the “art of possible” for business via the lens of modern technology, CIO also need help business to build up coherent business capabilities enabled by information technology; Co-developing strategy by both business and IT can help reduce any “surprising disruption” when taking actions and avoid blind spot or pitfalls when executing it.
CIO’s SQ will help organization balance “keep the light on” and long term growth, to well blend philosophical elements of strategy: “Time, Location, People” with business components of strategy: “People, Process, Technology” seamlessly, to drive business into Blue Ocean or grow Long Tail effortlessly, also unite and achieve business’s three purposes: economic value, social value and people value.
2) Innovation Influence via IQ (Innovation Intelligence Quotient)
Besides Chief Influence Officer, Chief Innovation Officer could be the most pertinent persona of contemporary CIO, innovation is about managing creative ideas to achieve its business value. Though facing many innovation dilemmas, modern CIO with new style of “IQ” –Innovation Intelligence can play an exemplary role to cultivate culture of innovation,.
CIO with new IQ will transform IT into high level maturity; help pull talent, resources together to manage three type of innovation more effectively & efficiently:
- Growth Innovation: CIO with both high SQ & IQ can envision the blue ocean like- future trends via advanced analytics or Big Data.
- Sustainable Innovation: From continuous communication with customers & partners via social platform, CIO & IT will help perceive next generation of products or services via open loop feedback link.
- Efficiency Innovation: CIO with high IQ can also think differently, to challenge the old way to do the things, always dispassionately examine the alternative, to help optimize cost structure, reduce process redundancy, and decrease environmental waste., etc.
3) Process Influence via PQ (Process Intelligence Quotient)
CIO with PQ will take advantage of modern technology tools such as social/mobile/cloud/analytics to embed innovation into business processes, experiment and orchestrate the future of business: social enterprise, to amplify collective human capability.
The depth of CIO's influences should penetrate into business strategy, innovation management, process optimization, technology impact and even more, please read more at Seven Points of CIO’s Influences. CIOs with SQ, IQ and PQ will help their businesses gain competitive advantages.
2. Three Breadth of Influence (3 EQ)
Modern CIOs’ influences may also like a running river, permeable across their own business, then flow into the sea, the sea is about the industry, the ecosystem, the economy, and our human society., The breadth of influences may include:
The Great Recession impact majority of Americans life, according to the US Department of Labor Statistics, debt to GDP ratio going from 62% 3 years ago, to over 100% today, the current attack on corporate earnings, the high unemployed rate), etc. Businesses don't fail or succeed entirely on their own. Their fate is tied to the environment in which they operate.
Well, IT looks like a mini version of economy,: complex but crucial, IT is heart & brain of business, and economy is backbone of our society, they both have been through the “dark age” of the last decade: IT has reputation as cost center, economy is fragile & turbulent, ,business leaders like CIO, as a strategy pratitioner, may help brainstorm the economy’s long term strategy, the innovative solutions for current or potential problems:
- Long Term Economy Strategy: for many businesses today, strategy and corporate planning is now a 60-90 day horizon, and tactical delivery is more relevant to staying alive than creating any cohesive corporate plan.. The culture of short-term thinking hurt economy as a whole, we may start pondering:
*What is really the root cause of “the financial crisis 2008”? *
*What is the future of market economies?
*What are the set of choices need be made for long term to improve economy's competency
*What are the series of actions need be taken to not only improve, but revitalize economy?
- Infrastructure Modernization: Many businesses today are facing the challenges to modernize their legacy IT systems, that’s why many organizations, big or small, to step in the Cloud, intend to make IT delivery better, cheaper, and faster. Can economy also find its silver lining as cloud? The logic keeps simple: we need focus on infrastructure. Every infrastructure issue — broken bridges, congested highways and ports, overcrowded airports and outdated air traffic control systems, weaknesses in the electric grid, and inadequate broadband spectrum — costs us significantly and make damage for the long term. Rebuilding and modernizing isn't a luxury; it's a necessity. It would not only help the economy broadly, but would help spur innovation of more high-performance businesses and communities.
Can we also deciphering complex economic phenomenon via the lens of IT & Enterprise Architecture? The system components, the economic processes, the fundamental problems, the strategic planning, the resource allocations, the law of demand-supply-price, the future state, the change management, the transformation scenario. etc.
Business or economics as a whole are about searching for a better life and delighting customers since it increases individual’s chance of survival. Economics is also about the evolution of products and businesses because they can better adapt to increasingly challenging market environment. And essential of marketing economy is about making a bigger “economic pie”, the pursuit of happiness for its customers –the fellow citizens: 99% + 1%. .
2) Energy Influence (Energy Intelligence Quotient)
Inside business, pervasive usage of technology also accelerate depletion of earth resource and increate carbon footprint. Therefore, CIO may need to expand influence on energy and sustainability:
- Long Term Energy Strategy
Energy is one of the promising sector to fight back recession and strengthen economy. Energy stability and cost-effectiveness will also boost any energy-dependent industries such as transportation, which hurt most by flying fuel, and experience the “Lost Decade”
- Energy Innovation
Energy transformation is a long time journey, need vision, and persistence, but it's the strategic imperative worthy of effort. Invest in our future, provide energy security for future generation and build solid energy infrastructure.
3). Education Influence (Talent Intelligence Quotient)
The poor quality of K-12 education is one of America 's greatest competitive weaknesses. Statistically, each year, approximately 1.3 million students fail to graduate from high school; American Children are falling further and further behind their international peers in almost every area of STEM education, what is the root cause? one of thought-provoking statistics is: A student has 70% chance of being taught English by a teacher with an English background, but has only a 40% chance of being taught chemistry by a teacher with a chemistry background.
CIO as an information technology leaders could be at the unique position to make influence on education, especially STEM:
- Education Strategy:
Research shows that a lack of student engagement is predictive of dropping out even after controlling for academic achievement and student background.
Both academic and social engagement are integral components of successfully navigating the education pipeline. The strategic choices for education are still: talent (well-educated teachers), process (how to innovate learning & teaching process), and technology.
- Education Innovation:
The education process need be optimized via innovative mindset, learning from others (cross sector learning, learning overseas., etc), and taking advantage of modern technology tools
Technological advances are making new forms of personalized education possible that could lead to big leaps in learning. the future of learning experience demands a deep appreciation of the profundity of what the Internet offers humanity as a model of a learning institution.
The right role models need be set to inspire kids to learn, the right technology need be adopted to enable children to learn, and the right culture need be cultivated to encourage students to pursue STEM related major and career path.
Modern Society need make progress, CIOs play significant role to lead changes via the breadth and depth of influence we discuss here, it takes TRIP (TRIP is an acronym for how Trust enables Risk which propels Innovation and, ultimately, leads to Progress) to make a difference.
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