Articles

 

  • Leading by Example

    As the head of the IT organization, the CIO also sets an example for the rest of the group. A CIO isn't a leader because of his or her title but based on the actions that he or she takes. This includes how the CIO handles decision-making, whether they act decisively, listens to and acts on input from managers and staff, and how they communicate the actions that have been taken.

  • Fostering Open Innovation to Drive New Growth Opportunities

    Increasingly, companies are reaching outside of their traditional supply chains to collect additional sources for innovation, including customers, external designers and engineers, and other outside contributors. "Open innovation" includes both internal and external ideas as well as internal and external paths to market.

  • Positioning Predictive Modeling for Improved Profitability

    Companies continue to invest heavily in Big Data and analytics. Following security (82%) and cloud investments (62%), CIOs cite Big Data analytics as the top driver for IT spending in 2016, according to Nomura Holdings' CIO Survey. As senior executives become better acquainted with the potential that Big Data analytics have to offer, they're increasingly looking to drive higher ROI from these investments.

  • Bracing for Internet of Things Business Models

    New applications being ushered by the Internet of Things (IoT) are creating incredible opportunities for companies of all types and sizes to fashion new business models. For instance, tire makers Pirelli and Michelin are embedding their tires with sensors that are allowing the two companies to collect data about vehicle performance and road conditions. This information is then passed along to drivers and to the vehicle's telematics system as a means of improving safety and efficiency.

  • Driving Business Transformation via Process Revolution

    HMG Strategy agrees on three core elements that are required for driving transformational change: people, processes, and technology. There are also technological components involved in achieving transformation, including the distinctive ways that CIOs are leading digital disruption. While each of these competencies is essential for success, processes are often the mysterious ingredients that harmoniously bind the other elements together.

  • Raising Cyber Security Awareness Among CEOs

    KPMG recently surveyed more than 1,200 CEOs from some of the world's largest companies to get a handle on their biggest concerns. 86% of CEOs said their biggest fears involve the loyalty of their company's customers. 72% of business chiefs say they're struggling to keep up with new technologies, while 66% say they're concerned with the relevance of their company's products and services. These results suggest that "cyber security" hasn't yet received the magnitude of apprehension that it should.