The Top 6 CIO New Year’s Resolutions (Part 2/2)

Communicating Through Platforms

People are your most important assets and a very close second is the interoperability of your platforms which will determine your future organizational success. We have seen many shifts of the past few years in the patterns of communication to accelerate commerce including:

  • B2B (business to business) – PayPal and Alibaba Group
  • B2C (business to consumer) – Amazon, FreshDirect, and Zynga
  • B2G (business to government) – large e-procurement initiatives
  • C2B (consumer to business) –Zonzoo, Fotolia and Google Adsense
  • C2C (consumer to consumer) – ebay and Facebook
  • C2G (citizen to government) – Agencia Tributaria (tax agency online)
  • G2B (government to business) – E-government, AEPM, and Certificado Digital
  • G2C (government to consumer) – USA.gov and eDNI
  • G2G (government to government) – government gateway and Schengen Information System

Likely the habitual conference chant of today would be a delicate balance between P2P (peer-to-peer) and H2H (human-to-human).  Our landscape and how we communicate is changing. New advancements in technology has afforded us the ability to revisit B2B, and has added the expanded P2C (platform to consumer) to the communication ecosystem of business.  Mobile first, cloud first will shift into platforms first. How you connect directly correlates to the growth or detraction of your company’s network effect. Networks build value. From financial services with banking to healthcare with consumerism: more people communicating equals more value. After the discussion wraps about functionality and need, reframe discussions into interoperability, customer journey’s and how this fits into the customer centric platform to deliver streamlined services and products. Platform to consumer business design is all about communication and those discussions my friend, delineate good from great.

Focusing on How Customers Communicate (not their mobile phone)

The benefits of knowledge sharing (communication) have remained consistent throughout history, while only the method to share has evolved. Information access and knowledge sharing in 15,000 BC was popular. Lascaux cave drawings used imagery to capture and sharing hunting knowledge. By 3400 BC hieroglyphics appeared as an innovative way to document the spoken language and by AD 77 the first encyclopedia by the Romans was compiled. Classic printing presses of the 1440’s enabled printed material to be available on a broad scale and by the 1600’s, newspapers were the most common method for widespread sharing of knowledge (Simoneau, 2013). Radio in real-time pushed boundaries of information communication in 1912 and the television, of course, transformed social media by 1946. The challenge of the 1960’s was what to do with all the information that was generated. This question spurred the creation of databases for structured data and the famous floppy disk for portable storage was invented by 1971. This progression of information and knowledge sharing is illustrated well in the infographic ‘Information Access and Sharing throughout History.’

Sharing information and knowledge has benefited every generation back to the last ice age. Scanning through the inventions of times past, one common theme is apparent. Early adoption of an emerging technology does provide an immediate competitive advantage for the early adopters.

Over time communication media evolves as do the technology enablers which accelerate change. How do we point to a communication trend that will be substantive, that won’t become the bell-bottoms of today, tomorrow? How do we ready our organizations for those changes? Answer: We must hone in on communication.  For example, we know mobile phone technology will evolve but the strong need for people to communicate will remain true. Brainstorming how customers want and choose to communicate helps define transformations that build the foundation for corporate leaders.

Moving from Projects to Transformations

How does IT delivery business value? This is the wrong question to ask. The right question to ask is how do we as an organization delivery transformational operational value? We don’t want to be efficient, we must transform the organization.  Committed CIOs already know this. Repositioning discussions away from project 1 vs project 2 is a start. There are only three reasons for a transformation: 1. Increase revenue or market share, 2. Improve customer satisfaction or 3. Cut costs. There is no forth option. Once the reason is identified we need a one-page strategy to frame the transformation. The October 2015 article titled, “The Hard Side of Change Management” in the October 2015 issue of Harvard Business Review, by Sirkin, Keenan and Jackson is great place to begin.  The DICE framework developed by Alan Jackson originally published in 2005, when leveraged appropriately is helpful to score projects based on objective measures. DICE stands for duration (D), team performance integrity (I), commitment (C), and effort (E). Referencing the October article, “a DICE score between 7 and 14 is in the “Win” Zone (very likely to succeed), while a DICE score between 14 and 17 falls in the “Worry” Zone (hard to predict success), and a DICE score higher than 17 falls in the “Woe” Zone (indicating high unpredictability or likely to not succeed).” Communicating the ‘why’ you are transforming and the ‘how’ you’ll measure the transformation growth are two critical pieces essential for executive leadership adoption of change.

References

Business Fusion Limited. (2014). Online Learning (online image). Retrieved November 2, 2015, from http://www.theindependentsconsultant.com/online-learning/

Peter Nichol, empowers organizations to think different for different results. You can follow Peter on Twitter or on his blog. Peter can be reached at pnichol [dot] spamarrest.com.

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Peter is a technology executive with over 20 years of experience, dedicated to driving innovation, digital transformation, leadership, and data in business. He helps organizations connect strategy to execution to maximize company performance. He has been recognized for Digital Innovation by CIO 100, MIT Sloan, Computerworld, and the Project Management Institute. As Managing Director at OROCA Innovations, Peter leads the CXO advisory services practice, driving digital strategies. Peter was honored as an MIT Sloan CIO Leadership Award Finalist in 2015 and is a regular contributor to CIO.com on innovation. Peter has led businesses through complex changes, including the adoption of data-first approaches for portfolio management, lean six sigma for operational excellence, departmental transformations, process improvements, maximizing team performance, designing new IT operating models, digitizing platforms, leading large-scale mission-critical technology deployments, product management, agile methodologies, and building high-performance teams. As Chief Information Officer, Peter was responsible for Connecticut’s Health Insurance Exchange’s (HIX) industry-leading digital platform transforming consumerism and retail-oriented services for the health insurance industry. Peter championed the Connecticut marketplace digital implementation with a transformational cloud-based SaaS platform and mobile application recognized as a 2014 PMI Project of the Year Award finalist, CIO 100, and awards for best digital services, API, and platform. He also received a lifetime achievement award for leadership and digital transformation, honored as a 2016 Computerworld Premier 100 IT Leader. Peter is the author of Learning Intelligence: Expand Thinking. Absorb Alternative. Unlock Possibilities (2017), which Marshall Goldsmith, author of the New York Times No. 1 bestseller Triggers, calls "a must-read for any leader wanting to compete in the innovation-powered landscape of today." Peter also authored The Power of Blockchain for Healthcare: How Blockchain Will Ignite The Future of Healthcare (2017), the first book to explore the vast opportunities for blockchain to transform the patient experience. Peter has a B.S. in C.I.S from Bentley University and an MBA from Quinnipiac University, where he graduated Summa Cum Laude. He earned his PMP® in 2001 and is a certified Six Sigma Master Black Belt, Masters in Business Relationship Management (MBRM) and Certified Scrum Master. As a Commercial Rated Aviation Pilot and Master Scuba Diver, Peter understands first hand, how to anticipate change and lead boldly.