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Should CIOs focus on sustaining innovation, using emerging technologies to improve business efficiency and?effectiveness? Or should they lead the charge to apply technology in ways that disrupt business as usual?
We?re at an unusual time in industry: five major forces affecting businesses are all technology-based. These forces ? mobility, analytics, social, cloud computing and cyber intelligence ? are being combined in new ways, opening the door for sustaining innovations that can improve productivity and drive down costs. These forces can also be used to disrupt ?business as usual? to create totally new ways of generating value. So where should CIOs focus their energy and?resources?
This is the latest question in a series of debates Deloitte is running off of these blog posts and other social media platforms.
Point Counter-Point CIOs should sustain the business.
Efficiency, effectiveness and regulatory mastery are even more important now. CIOs should focus on sustaining innovations that address today?s growing concerns. CIOs should lead disruption.
Social computing, mobility and the cloud aren?t just changing society, they?re disrupting business. Who?s
better positioned to help take advantage of these tools than the CIO? Technology is the fuel, not the driver.
Technology enables innovation, but the business should be doing the driving. The CIO should respond to the needs of the business, not the other way around. Technology can break constraints. That?s where innovation happens.
The CIO is in a rare position to lead the creation of disruptive business models given technology?s prominence across business. Immediate returns come from driving down costs.
IT is the largest capital expenditure in many companies. Keeping up with technology?s declining cost curve is a full-time job with a high return on investment. You can?t shrink your way to greatness.
It?s worth the deliberate sacrifice of some efficiency gains to achieve the potential long-term advantages offered by disruptive innovations. Chasing disruption is a crapshoot.
Better to focus on incremental improvements that are more likely to pay off than risk limited resources on a long shot. The odds are better than you think.
Disruptive innovation is just as likely to pay off as sustaining efforts when pursued deliberately and consistently, with a strategy and operational metrics
tuned to its specific needs.
Once the debate has run for a few weeks; a full report will be generated which will summarise the thoughts and opinions given.
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mitt romney mark zuckerberg mark zuckerberg maurice jones drew Yash Chopra George McGovern bruno mars
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