OK...now I am in Monte Carlo at the IBM CIO event. There are about 100+ of the most influential CIOs around the world here. Why am I here? Of course, SOA. We have several discussion points around SOA that were quite interesting!
But back to the CIO event, Sam Palmisano kicked off the meeting around Innovation being the path to growth. It was very interesting as he outlined some of the changes needed in the market place thinking....business model innovation being a key differentiator over just new products, new services. For external innovation, collaboration is critical and most companies get their best ideas from employees and customers. He challenged the CIOs with 2 results from IBM 's CIO study .... #1 challenge is that CIO's role are misunderstood because the business acumen is not a strength, and #2 how should CIOs be measured -- not cost so should it be productivity ... or?
A very cool panel followed led by one of my ex Harvard professors Linda Applegate! She led off challenging the audience on the new "inflexion" point. And that innovation is becoming more radical -- it is not what you do but how you do it! She asked how we viewed threats...and said that entrepreneurs viewed threats as opptys ... and innovation is the relentless pursuit of new opportunities regardless of the resources at your disposal. (very cool thought!)
The other folks on the panel were from ING and Astrazeneca. Some important points that came up were: How do we form a relationship between CIO and CFO? How do we manage Maintenance type activities and innovation -- same team, different teams, can they be done by the same person? Are you a risk taker or a risk manager?
It was interesting to see how much alignment there was around the concept of moving from processes that are sequence driven to processes that are now multi-layered and filled with various forms of collaboration! All the items that we have been discussing as part of SOA! Also the concept that innovation is really about a series of incremental steps!!
A thought to depart on for this very late night....are you a Business Outcome Manager? What outcomes are you managing and what are you really measured on!
Well, I'll be here for one more day ... then back to NY! I'll blog on new discussion points tomorrow!