Day 1: Role of technology inside organization

Question 1

strategy

Answer 1

• Formulates and executes an integrated set of choices

- Is based on business needs,

Question 2

IT strategies (4)

Answer 2

• Enabler
  
  • reduce the costs of your company
• Improve KPI’s
• Scorecard
  
  • support a business strategy transformation monitoring the different KPIs
• Driver
  
  • play the role of the business generation

Question 3

innovation

Answer 3

• the generation and exploitation of new ideas

- innovation should provide competitive advantage

Question 4

IT/CIO two roles

Answer 4

innovator and operator

Question 5

CIOs for a new IT age (4)

Answer 5

• have a separate strategy for fundamentals and innovations and identify the correct balance between them for your business
• maximize available resources and skills by making effective use of technology partners and outsourcing
• find a way to link technology to innovation instead of cost to show that IT really can change the business
• Partner with the business in the key innovation areas of improving business processes and identifying innovative technology to bring value to the business

Question 6

5 pilars for innovation

Answer 6

1. innovation function
2. strategy
3. organizational design
4. innovation leadership
5. innovation culture

Question 7

pillars of innovation: innovation function

Answer 7

formulating a innovation strategy and improving its understanding of the external environment

Question 8

pillars of innovation: strategy

Answer 8

traditional strategy not sufficient, strategy to outer peripheries of the company (patterns, clients)

Question 9

pillars of innovation: organizational design

Answer 9

• no one size fits all

- improving the formal mechanisms

Question 10

pillars of innovation: innovation leadership

Answer 10

reduce the disconnect between leaders and employees

Question 11

pillars of innovation: innovation culture

Answer 11

• openness to others ideas to change and exchange and acting quickly