The 6 Behaviors of CIOs at Companies Out-Innovating you

THE 6 BEHAVIORS OF CIOS AT COMPANIES OUT-INNOVATING YOU A recent Harvard Business Review Analytic Services survey found companies that embrace IT-enabled business innovation are transforming their businesses in key areas such as customer engagement and insight, new business models, end-user processes, and new product and service developments. And it's no accident. These companies share the same denominator-CIOS who use a common set of six behaviors. These CIOs are helping their companies achieve significant business results. Are you one? CEO CIO CROSS- FUNCTIONAL TEAM CDO NO ONE IN CHARGE Смо 1 INNOVATION LEADERSHIP WAIT & ROLL OUT NO00! STARTS AT THE TOP In 41% of technology-driven 41% businesses, CIOs take on more responsibility for leading innovation, side-by-side with the CEO. A LITTLE & OFTEN SECURITY MANAGEMENT DRIVING BUSINESS INNOVATION STRUCTURE INNOVATION & MOVE FAST MANAGING IT CRISES 79% of CIOS at innovative % companies use a structured, but fast, approach to prevent IT overload and create an RE-DESIGNING BUSINESS PROCESSES 79 DEVELOPING STRATEGY organization capable of delivering and responding to change more effectively. CIOS ARE BUSINESS STRATEGISTS Business leaders 46% technology-driven businesses agree, almost half (46%) of their CIOS' time should be spent driving business innovation versus keeping the lights on. 4 MAKE EVERYONE A THOUGHT LEADER Collaboration is critical to THANKS IT! THE CUSTOMERS ARE LOVING THE APP. 61% the innovation-driven CIO. 61% use cross-functional teams to seek out new ideas GREAT JOB IT DEPT. CUSTOMERS HAVE NEVER BEEN HAPPIER. and create IT-driven business innovation. WE COULDN'T HAVE DONE IT WITHOUT YO! LET'S BUILD THE FUTURE SUPPORT NEW BUSINESS OPPORTUNITIES 91% of LOB leaders in innovative companies say 91% their CIOS and IT departments have a sound understanding of their overall business objectives and are seen as game changers rather than just cost centers. 6 INVEST IN AND REWARD INNOVATION CIOs at innovation-driven 2X companies are twice as likely to invest in an emerging technologies group as companies with an "ad-hoc" approach to business transformation. Haryard Business Review Business Transformation and the CIO Role Start leveraging all the behaviors of IT-driven business innovators to achieve real business benefits. Harvard Business Review Download the full report, Business Transformation and the CIO Role, at enterprisersproject.com/hbr-report Sponsored by redhat THE ENTERPRISERS PROJECT Sponsored by redhat. Red Hat and the ShadowIman logo are trademarks of Red Hat, inc., registered in the U.S. and other countries