| | August 20159UTLOOK Healthcare Tech Every enterprise is thinking about the digital disruption and we are in the perfect position to lead the transformation, if we do not take on the challenge then we will be the next CIO (Career Is Over)"HTinnovators and we usually blend business and technology issues together to solve. We have all led some sort of business transformation programs with enterprise system implementations and that trend must continue at a stronger momentum to shape the enterprise agenda.Now that we have identified some of the new prerequisite for the new CIO we have to look at the bigger picture especially with the rise of the digital disruption. According to Constellation Research founder Ray Wang, an important stat is that 52percent of fortune 500 companies from year 2000 are gone due to mergers and acquisitions or bankruptcies. Digital plays a big role now that we are living in an on-demand economy where the consumers want service now without a middle man. A few examples of digital disruptive companies that we are all using are:· AirBnB-Individuals can rent out their house or apt taking market share away from the traditional hotel chain· Taskrabbit-Consumers can hire anyone to perform any task needed where traditionally this may go to a temporary staffing agency · Uber-Consumers have access to rides from another individual disrupting the taxi service· Etsy-Skilled craftsman can take their work directly to the consumers.All of these are examples of companies taking advantage of digital strategies and the CIO must take action and responsibility in the new world because we are in the perfect position to lead the digital business strategy. Our key responsibility will be to lead the enterprise and act as the quarterback for the institution in orchestrating the digital strategy. The motto for the business will be how to do things "faster, cheaper, and better". This theme has to start within the IT department and we need to answer the following two questions:1. Are you leveraging the latest technology such as cloud and mobile so that your IT department moves away from the traditional infrastructure and operation? Cloud first and mobile first strategy must be establish by the CIO for the enterprise as a starting point. 2. Are you establishing a digital culture and taking the lead as the change agent? Digital culture means moving away from "the way it has always been done" mentality and it is a change for the staff. CIO must educate and change the culture starting in IT with employees acquiring new skills and talent in the digital business world.Once the CIO has tackled their internal department it will be time to embark on the journey to lead the enterprise as the business leader driving the digital strategy and define how the business will transform with the solution to implement the change. Take the time and effort to educate your peers and the senior leadership on what it really means to be digital and develop an enterprise digital culture. Every enterprise is thinking about the digital disruption and we are in the perfect position to lead the transformation, if we do not take on the challenge then we will be the next CIO (Career Is Over).
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