High quality fractional CIO services by Innovationvista? Digital transformation is driven by a broader view of Information Technology than its traditional goals of increasing efficiency and automation to help businesses save money and boost productivity. Today, technology has advanced in ways that allow businesses to do much more than what was possible in the past. Even in its traditional scope, IT has become a major component of most businesses’ success. Most corporate executives (CXOs) are comfortable with it in this shape and size, but when there’s talk of re-envisioning IT, even with the promise of greater impact, CXOs can become understandably nervous.
Technology has never been more strategic than it is to modern business. Because IT skills are so different from those possessed by many business leaders, most CEOs and Boards of Directors want an experienced leader at the top of their IT organization. Experience is critical in IT decisions from architecture to culture, staffing, and vendor options. These crucial decisions will reverberate – for better or for worse – across their companies for years to come… Read even more details on https://innovationvista.com/virtual-cio/.
An advice every CEO should know about cybersecurity: According to most cybersecurity surveys, over 60% of all data breaches originate from unauthorized access from one of your current or former employees, or third-party suppliers. Historically, cybersecurity has been an area that is housed solely in the technology department of a company, whether that consists of one or twenty employees. But more and more executives are understanding the importance of being not only knowledgeable but also involved in the conversations and decision-making process when it comes to protecting their data.
Transitions can be among the most daunting and complex business events for leaders to navigate, and it is often the technology aspects of the change which lead to failure. For this reason, providing Transitional IT Leadership is one of Innovation Vista’s core service offerings. Our experienced consultants have been involved with multiple transitions of various kinds, and bring their expertise to bear on our clients’ challenges: Turnaround of failing companies or IT departments; Mergers & Acquisitions (M&A); Transition to new business models or markets; Change in exit strategy – private equity and IPO strategies; Interim IT leadership to coach successor or as preparatory to M&A. Transition events bring a unique set of challenges which not only add to, but significantly complicate, the ongoing workload involved with successfully operating an IT platform. Other organizations have an interest in unique longer-term IT leadership arrangements: Virtual CIOs – who fill the traditional CIO role as the “head of Information Technology” as a consultant, often part-time &/or remote; Fractional CIOs – who fill the role of CIO for 2 or more organizations at the same time. These structures don’t make sense for every organization, but they may offer a nice solution for some small and midsize companies seeking experienced leadership for lower compensation costs than they would have traditionally paid a full-time CIO.
The challenge today is that the pace of change is accelerating at an exponential rate, so we’re dealing with more changes coming faster at us than ever before. It’s one thing to acknowledge that and to accept the challenge of dealing with these changes in both our personal and professional lives – it’s quite another to realize the stark truth that this shocking pace of change is the slowest any of us will see for the rest of our lives. It’s strange to realize we will one day look back and see 2020 as a year in which the world dealt with relatively few changes. Considering COVID and technological change, political and social winds, medical and scientific innovation, it hardly seems possible; and yet, that is a truth embedded in the exponential change acceleration we’re experiencing. It calls for a complete revolution in how we think about change itself. Discover a few extra details on accelerating innovation.
Innovation Vista has a unique approach to selecting consultants for our engagements; we only hire lead consultants with experience as C-level IT leaders or Partner-level consultants who have demonstrated track records of tangible business results impacting Revenue, Market-share, and/or Margin significantly for their employers/clients. Our network includes consultants with experience in all major industries: Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financial Services, Healthcare, Industrials, Information Technology, Materials, Real Estate, Utilities and more.
But from my first-hand experience with multiple CRM launches, I can affirm that EVERY company enjoying high adoption of their CRM also shared these traits as an organization: Churn was minimal. Their sales teams were generally happy and envisioned their future career path staying with the organization, The approach was collaborative. Internal poaching of deals was blocked, and entering notes about a lead INCREASED a rep’s chances of benefiting from a future sale, There was space for long-term thinking. Near-term quotas, if present, were manageable and allowed sales staff to work a bit “on” their process not just “in” it, Required data entry, especially in the early stages of a lead, was kept to a minimum. AI was leveraged where possible to fill in gaps and infer data, Sales managers resisted micro-managing on tidbits and details in the CRM, and instead coached for optimum overall long-term performance.
Collaboration and Teamwork are actually Conflicting Ideas about Appropriate Workplace Behavior: For optimal Collaboration, we want first of all to start with the most talented team we can attract, recognizing that outside ideas are extremely valuable, whether from consultants and/or recruits from other industries. We want everyone to feel comfortable suggesting new ideas, probing the rationale of existing processes and policies, exploring alternatives with a better balance of pros and cons, questioning others’ opinions, and feeling sufficiently safe from ridicule to think outside the box of the organization’s (and the industry’s) past patterns and habits. Ideally this discussion can involve people across varying titles, seniorities, skill-sets, and tenures. Everyone ideally functions as an individual with their creativity and professional assertiveness fully engaged. See a few more info on https://innovationvista.com/monetize/.