The New Business Constant: Change

Organizations should anticipate the need to update their information and business processes in this dynamic business environment. Change in a broad sense is a planned or unplanned response to pressures and forces. The need to change is now the norm. With change comes the challenge of change management.

The Nature of Business Solutions

Many approaches have been advanced to solve business problems with only limited success. Some solutions emphasize the positioning of products and services to capitalize on an organization's strengths and opportunities. Some approaches emphasize stewardship responsibilities by redesigning the organization around self-managing teams. Other approaches recommend new technology and/or systems such as executive information systems (EIS) or Enterprise Resource Planning (ERP) systems. Still other approaches try to solve business problems by changing an organization's culture. 

Effectiveness vs Efficiency

The leader must discover the "Doing things right is not as important as doing the right thngs." A comparison between the Effective leader and the Efficient one is helpful.

Data, Information, Knowledge, and Wisdom (DIKW)

"Wisdom is not a product of schooling but of the lifelong attempt to acquire it."

Albert Einstein

CIO's Top 5 Priorities 2010

1. Business Productivity and Cost Reduction
2. IT and Business alignment
3. Business Agility and Speed to Market
4. Business Process Reengineering
5. IT Cost Reduction