Taking action as a new Subscription CIO or changing track as a veteran is a must. But how will you fare if history is working against you? The 2014 survey from global IT service provider Harvey Nash reports that 77 percent of CIOs believe the potential for IT innovation is strong in their industry. But only 2 percent were confident that their organizations could realize their full innovation potential. These figures reveal an even a wider gap on the same issue reported in 2013.
The project data backs up their views. Infrastructure and technology projects delivered by CIOs had the highest success rate, topping out at 36 per cent. Nothing to scream about, you say? The more innovative deployments such as digital marketing systems and big data implementations made the bottom of the list with just a 11 percent success rate.
“So what are the characteristics and competencies that define digital-age CIOs?” Accenture’s managing director of IT Strategy and Transformation Diana Bersohn asks. “How does one pursue innovation, deliver legacy performance and build agility into the organization all at the same time?”
Accenture recommends four actionable areas for CIOs:
Accenture research shows that more than 75 percent of business and technology leaders say industry boundaries will blur as platforms continue to emerge and entrench. Industry instead of technology companies will likely lead the next generation of platforms.
Lastly, consider, test and deploy the strategies that others have used to drive their own success. Transform new and traditional roadblocks into challenges that need solutions. Most of all, view your potential innovation competitors as your allies. Together, you will create a compelling strategy to serve and benefit your most important customers inside and outside of your company.