The CEO charter for CIOs this year: Lead digital transformation, capitalize on data analytics, and collaborate more with the business
Stacy Collett writes in CIO
"When the calendar flipped to 2021, CIO Sue Workman started looking back at the IT priorities she had set for Case Western Reserve University back in July to see which initiatives were still tenable. 'Are we still there, or are we now able to think differently?' Workman deliberated.
She concluded that the university's IT strategy now required a whole new set of initiatives..."
To maximize output of any digitalization project, organizations must treat it as a wider business initiative, rather than a targeted IT transformation.
"In my conversations with other companies,"
writes Steele Arbeeny in
"customers, partners, new prospects -- I often get the sense that a lot of executives think about digital transformation in a tail-wagging-the-dog manner. That is, driving toward digital transformation or cloud migration because the idea of achieving it is itself good, and not because doing so will meet a certain goal or unlock some specific new value for the company. In their minds, the end goal of digital transformation is the transformation itself. But that's just not how it works. You'll never realize value that way.
Rather than letting 'digital transformation' be the reason you want to transform, here are three factors that should be driving your path toward a digital future..."
You don't have to look far to see how digital transformation has impacted your life in some way
"Digital transformation is the process of not only transferring tasks and tools into the digital world, but also completely reinventing business processes and customer experiences because of new digital capabilities," writes Shelby Hiter in
"Many companies start with digitization, the term for transferring paper and analog data to a digital format without making any changes to business processes. However, these organizations often realize that the convenience of their new format could be matched with new ways of doing business. That moment in a digital transition is when digital transformation happens..."
The insurance and investment company is building an analytics platform and other solutions on an innovation continuum where learning from failure is a means to a better end
Clint Boulton writes in CIO
"If a management philosophy helps inculcate culture, the IT department at Northwestern Mutual is on a path toward continuous improvement, courtesy of CIO Neal Sample.
Since joining the Milwaukee-based company in 2019, Sample has managed his tech team leveraging principles from the 'aggregation of marginal gains,' which proposes that making incremental improvements in a number of areas will improve the holistic effort, yielding greater gains over time. The theory, embraced by a British cycling coach who used it to rack up gold medals at the 2008 and 2012 Olympics, borrows from the Kaizen ethos of continuous improvement in processes..."
It's easy to get distracted in difficult times. Don't let these common missteps derail your business goals
"It's no secret that the COVID-19 pandemic has turned businesses around the globe on their heads"
writes Brian Day in The Enterprisers Project
. "As of last fall, more than 97,966 businesses had permanently closed their doors during the pandemic, and that number continues to grow, contributing to unemployment. Business leaders have been forced to navigate everything from layoffs to complicated health and safety guidelines while expediting digital transformation initiatives to remain afloat..."
Supply chain management (SCM) is a competitive differentiator at Unilever. The Unilever supply chain extends beyond the manufacturing process into the core of digital transformation using artificial intelligence to manage supply chain risks and ensure the company can meet customer demand
"To learn more, we spoke with Wendy Herrick, Unilever's head of Digital Supply Chain. Wendy has 25+ years in Unilever and has held leadership roles across both Finance and Supply Chain. She started her career with Unilever in Bristol, England, and has worked in numerous countries across Europe, Asia, and the Americas.
In 2015, Wendy was appointed to the position of VP Supply Chain US responsible for end to end Supply Chain integration, Supply Chain Digital Strategy, and in-market business results. She was appointed Head of Digital Supply Chain in July 2018..."
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