Enterprise Leadership

How CIOs can Reshape Their Company’s Business Model: C.K. Prahalad, best-selling author and academic

Despite the downturn in the economic, this is a great time to be a CIO or CTO. That’s the conclusion from C.K, Prahalad, the Paul and Ruth McCracken Distinguished University Professor of Strategy. He also wrote best-selling management books such as The New Age of Innovation: Driving Co-created Value Through Global Networks, and Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profit. In this podcast, Prahalad talks about how CIOs can use innovative technology to reshape their company’s business model, as well as drive new opportunities for poverty-stricken areas. (He calls the latter the bottom of the pyramid.)  

Leadership Qualities Today's Global CIOs Must Possess to be Effective: Hank Leingang, Former Fortune 500 CIO

In this podcast, Hank Leingang, the former global CIO for the Bechtel Group and the former CIO for Viacom, talks about the leadership qualities global CIOs need in order to be effective across the enterprise.


Within the last five years, the qualities needed by global CIOs of Fortune 2500 companies have changed radically. The CIO role has become more pervasive, touching just about aspect of the enterprise, as well as every constituency the organization has. As a result, CIOs have to be more than  technologists. Of course, they need to understand how different technologies relate to one another to drive business processes.

The Challenges of Driving Corporate Technology Innovation: Tom Koulopoulos, author of The Innovation Zone and Delphi Group founder

Many business gurus consider relentless innovation to be the United States' only remaining edge in a global marketplace marked by labor arbitrage and the competitive threats posed by exploding economies in China and elsewhere.

 

Tom Koulopoulos, the author of a new book, The Innovation Zone, and the founder of the Delphi Group, says, "While some progress is being made on the innovation front, too many U.S. companies still under perform when it comes to driving the type of sustained innovation needed to meet this competitive threat. On the other hand, many corporations are looking at operational innovation as a way to cope with the complexity technology brings."

 

In his book, Koulopoulos demonstrates how organizations can create and sustain a culture of innovation. Koulopoulos, who writes a blog called The Innovation Zone (http://www.tomkoulopoulos.com) says that if public and private organizations are serious about taking the lead in innovation and re-invigorating the marketplace and U.S. economy, they must move behind the hype of innovation and apply proven techniques and processes. His book provides a how-to-do blueprint for innovation process methods that organizations can put into practice. He says, "We need to stop singing innovation kumbaya and start delving into the practice and science of innovation."

 

Koulopoulos' insights about innovation have received wide praise from luminaries such as Peter Drucker, dee Hock, and Tom Peters who called Tom Koulopoulos' writing, "a brilliant vision of where we must take our enterprises to survive and thrive." According to Peter Drucker, Tom's writing "makes you question not only the way you run your business but the way you run yourself." He is also editor of the Delphi Report, a quarterly journal for business and technology leaders.

 

He sees signs that organizations are embedding innovation in their business practices, and that they have devoted both financial and staff resources to innovation. He says, "It's surprising to me that more companies actually are putting people in positions of authority with respect to innovation. They are not necessarily new people; they are folks that are already on staff, but they also are carrying that [innovation] badge."

 

In this second Enterpriseleadership.org podcast, Koulopoulos talks about the following:

the status of technology efforts in the U.S. corporations; the challenges of IT innovations in global corporations; the ways companies have used IT in innovative ways; the need for corporate education programs in innovation; the things CIOs and CTOs need to do to get involved in corporate innovation; and the way his organization works with clients to drive corporate innovation.

Steve Cakebread, former Salesforce.com Executive: Demystifying Cloud Computing and Web 2.0 Platforms

In this podcast, Steve Cakebread, the former president of Salesforce.com, takes the mystery out of cloud computing by explaining the complementary relationship of Salesforce.com, Google's Apps Engine, and Amazon's Web Services.

 

When Steve Cakebread joined Salesforce.com in 1999, the company had not even introduced its first product. That event happened two years later with the introduction of the single CRM product called Singular Edition people. Today, Salesforce.com has moved beyond CRM to become a diversified company in platforms such as knowledge management and service support. Cakebread says that these new platforms will help to spur the growth of the cloud computing industry.

Meanwhile, cloud computing has got a shot of adrenalin with the likes of Amazon.com's Web Services and Google.com's Apps Engine. Amazon.com built its business around store fronts and logistics, while Google.com's built its business around a consumer's ability to search. Cakebread says, "Amazon's Web services help businesses create those storage fronts on the fly through collaboration or cloud computing, as well as to provide businesses with additional storage and computing power. If you look at Google.com's Apps Engine, it is now creating developer platforms that make it easier to add information for consumers to share in businesses network."

Cakebread says that these three entities have a complementary relationship with each other through various relationships and partnerships. "Each of these technologies, even through they are considered cloud computing, all have different strengths. Salesforce.com is the business platform provider. Google.com focuses on search, while Amazon.com focuses on store fronts, logistics, storage, and computing power. All of these technologies are internally designed on the same technology platform as Oracle Solutions and blade services. The reality is that their architectures are very different, but they can be used by platform developers to achieve service and reliability."

In this podcast, Cakebread also discusses the key technologies that will benefit from cloud computing, the other areas in which both cloud computing and Web 2.0 will enable innovative enterprise applications, and the issues that need to be resolved before companies can deploy cloud computing widely.

Open Innovation Paradigm for Technology Development: Dr. Joel West, Associate Professor of Innovation and Entrepreneurship, San Jose State University College of Business

In this podcast, Dr. Joel West, an associate professor at San Jose State University's College of Business, talks about the open innovation paradigm for technology development. His teaching and research focus on innovation and entrepreneurship. Along with Henry Chesborough and Wim Vandaverbeke, West is editor of the book, Open Innovation: Researching a New Paradigm, published by Oxford University Press in 2006.

Working and living in the heart of Silicon Valley, Dr. Joel West cannot get away from technology innovation. In fact, his course offerings and research at the San Jose State University's College of Business focus on technology innovation and strategic management in technology companies. San Jose State University ranks at one of the top 25 research business schools in the U.S.

 Dr. West's interest goes beyond traditional innovation to the concept of open innovation. He defines it as the idea of using the market rather than the internal hierarchy, both as a source of innovation and a way to commercialize innovation. Open innovation also means treating innovation like anything else -- something that can be bought and sold on the open market not something that happens within a company. He says that a company can no longer depend on its internal resources to drive its innovation efforts.

 

His research in open source computing led him to looking at open innovation and a book on the subject. He was one of the co-authors with Henry Chesborough and Wim Vandaverbeke on the book, Open Innovation: Researching a New Paradigm (2006). He also writes several blogs about open innovation, including openinnovation.net, which describes his research and provides comments on other academicians' research projects.

 

In this podcast, Dr. West explores what powers the concept of open innovation and how it differs from traditional innovation efforts, such as research and development. He says that open innovation raises the question about how those companies that practice it differ from those organizations that have research and development programs. Henry Chesborough explored this in first book on open innovation published in 2003.

 

West says, "Companies that practice open innovation will do the same things they did before they adopted it. They might have a research and development department. Chesborough went one step further by looking at the revolutionary nature of open innovation. According to him, open innovation is a process that enables a company to find the best sources of innovation, and to find the best paths to commercialize that innovation. The company might accomplish these goals looking within company and looking outside the company. They might take other paths that they would not have considered if they did not know about open innovation."

 

Dr. West has two important takeaways for chief information officers, chief strategy officers, and chief technology officers: look for external resources who know how to make your products better or who have new products ideas, and find the best ways to bring these resources into your organization. He says, "You might look at university students, your suppliers and customers, or an open innovation community. You might have to look at all of these possibilities to find out which class of individuals or position in the value chain will provide the best ideas you want. Money does not always motivate people to share their ideas with you. Many people like the idea of a challenge to compete for recognition. You might have a content to find the best ideas."

Mastering Agility – How IT Can Drive Revenue: Michael Hugos, former Fortune 1000 CIO and Author

In this podcast, Michael Hugos provides insight from his CIO experience and his latest book, Business Agility – Sustainable Prosperity in a Relentlessly Competitive World.

Michael Hugos, the former CIO for Network Services Company, took a different track when he wrote his latest IT book. Business Agility – Sustainable Prosperity in a Relentlessly Competitive World provides business executives with tools and tips on how they can help IT professionals drive business revenue. He says that IT professionals tend to forget that the business is where the money is. That's why IT exists." He adds that technologies, such as cloud computing, open source and virtualization, will provide great cost benefits to the business. "We need to be in better position to guide these decisions."

Hugos has first-hand experience working with business executives to drive revenue at Network Services Company, an $8 billion cooperative of 86 distributors that market industrial products to major companies. Before this company became agile, the profit margin on coffee cups was practically nothing and getting smaller. Multiply this by Network Services' distributors who sell to 5,000 stores across the country. He says, "We banded together under this cooperative and worked closely with sales. Interesting things started to happen and ideas for making more money started to flow." The information-based, value-added services Hugos helped to devise returned a two percent to three percent profit margin. "If you do things right, you can earn more money or what he calls the agility dividend"

Hugos thinking is nothing new. He refers to the invisible hand theory which Adam Smith, the great British economist, came up with 250 years ago. He says, "The invisible hand pushes the price of all products to their cost of production. No amount of fast talking sales people and ball game tickets will change this."

The end result for Network Services was complete transparency for more products. Hugos says, "Out of the 50 items we came up with, we carried out 25 for them. For example, we could fill an order directly off a purchasing system or via EDI or XML. We now had a customized solution that made our paper cups more valuable."

In this podcast, Hugos provides some current IT enablers that will help an organization achieve speed and agility, give some examples of companies that have achieved both business and IT speed and agility, and offers takeaways to help CIOs assess the business impact of IT based on speed and agility.

Driving a Global Company's Collaborative/Cloud Computing Initiatives with Vid Byanna - Accenture

In this podcast Vid Byanna, executive director of Accenture's internal IT infrastructure, talks about his company's and collaborative computing, and cloud computing initiatives.

Each day the 177,000 employees at Accenture, a $19 billion global IT services company, must communicate effectively with 1,000 of customers in more than 120 countries. In fact, Accenture executives often find themselves looking for internal experts who can support specific customer engagements.  The traditional process has involved emailing one's network of colleagues to help with the search. Now these executives can use Accenture People, an internal version of LinkedIn, to search the company's global network of employees.

Accenture People comprises Accenture Collaboration 2.0, a global set of technology initiatives to improve knowledge sharing, enhance communication, and allow for dynamic collaboration within the organization. Technologies in this collaboration platform include social networking applications, greater search functionality, telepresence, and unified communications.

Keeping an Eye on the Four Factes of Cloud Computing:Mark Lobel, Subject Expert at PricewaterhouseCoopers

In this podcast, Mark Lobel, a subject expert at PricewaterhouseCoopers, discusses the pros and cons of the four facets of cloud computing. He also touches on other cloud computing issues that should be of concern to CIOs.

 

Cloud computing has become an interesting and important subject on the minds of most CIOs. Its complexity has forced CIOs to think about what applications make sense to move to the cloud, what type of a cloud -- internal versus external, will work best for the organization, and how does an organization know its data will be secure?

 

PricewaterhouseCoopers recently published its quarterly Technology Forecast with an emphasis on cloud computing. Based on material in the report, Mark Lobel, a subject expert for PricewaterhouseCoopers, looks at cloud computing as having four facets. If one were to draw a matrix with four boxes, the top left box would include software as a service, and infrastructure as a service would be below it. The top right side of the matrix would include on-premises and off-premises or a combined public and private cloud application capability, and cloud bursting would be below it.

 

Software as a ServiceOn-Premises/Off-Premises-Public Versus Private Cloud CapabilityInfrastructure as a ServiceCloud Bursting

 

 

In this podcast, Lobel looks at the pros and cons for using each one of these cloud computing facets. He also looks at the overall strengths and weaknesses of the cloud computing industry; the way an organization's culture affects its approach to cloud computing; the ROI benefits of cloud computing; the way cloud computing will change applications development; and some takeaways CIOs should consider before deploying a cloud computing strategy.

Trends in Enterprise Storage—Cloud Computing Virtualization with Mike Karp, VP and Principal Analyst at Ptak-Noel Associates

In this podcast, Mike Karp, VP and Principal Analyst at Ptak-Noel Associates and founder of Infrastructure Analytics, talks about how technology trends, such as cloud computing and virtualization, will continue to reshape enterprise storage, and what CIOs must know to take advantage of these trends.