InitiativeofInnovation ~ Future of CIO

It’s strategic imperative to unlock the full organization
potential – the future performance for accelerating global business growth.

Innovation can happen
anywhere across the global organization and its ecosystem because of constant
changes in the physical world, frequent disruptions in reality. It’s critical
to connect the right dots, identify hot spots for innovation, build innovation
hubs to nurture fresh ideas and new concepts. 

With increasing pace of changes
and frequent disruptions, our global world has to create new paradigm, with
creative patterns, fresh concepts, new knowledge, all sorts of innovators who
can think differently and solve problems alternatively.

 It’s important to
break down the variety of silos and enforce cross-functional, industrial, and
cultural collaboration and innovation: Innovation is not for its own sake, but to generate multifaceted
business value. The smaller business players can gain economies of scale of
innovation through cross boundary communication and collaboration. So if you
have some innovation capacity in an iteration, and are looking to pull it from
the backlog, you can grab that high value. The success of the high-innovative
organization is not accidental because innovation is a differentiated capability
which needs to be built through a multitude of disciplines, structures,
processes, and practices.=

It’s important to know that the variables that might merit
consideration are the scope, scale, and impact of global innovation: In the business setting, it’s important to break
down the variety of silos and enforce cross-functional, industrial, and
cultural collaboration and innovation. The scope, scale, and impact of the
global innovation depends on many variables such as process coherence,
communication fluency, interdisciplinary knowledge, structural flexibility,
technology update, etc. Forethoughtful organizations are able to manage a
balanced portfolio with both incremental and breakthrough innovation. Incremental
innovation is more under control, usually top down, process driven. Breakthrough
innovation requires a more thorough process to prototype, filter, test in a
real-world scenario. All organizations focus on developing people-centric
innovation capacity.

An integral global innovation system enables organizations to
recognize challenges, understand boundaries, deal with constraints, frictions,
bridge a variety of gaps seamlessly. It takes world-class insight that can connect global dots to
both inspire and nurture the evolution of businesses that walk the talk when it
comes to innovation. An integral global innovation system enables organizations
to recognize challenges, understand boundaries, deal with constraints,
frictions, and bridge a variety of gaps seamlessly. Information Technology is
the linchpin to build an advanced innovation system in which organizations can
encourage idea brainstorming, process optimization, talent development and
build a high performance innovative businesses. 

It’s strategic
imperative to unlock the full organization potential – the future performance
for accelerating global business growth. It takes world-class leaders who
can connect global dots to inspire the evolution of human society that walk the
talk when it comes to innovation. Innovation leaders not only understand
the diversity of the global world with knowledge abundance, but also unify the
world for advancing humanity collaboratively.