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Be the business challenge C954

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Be the business challenge C954

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  • June 17, 2024
  • 8
  • 2023/2024
  • Exam (elaborations)
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Be the business challenge C954

Kim Stevenson, CIO of Intel, The next generation of "what" CIO characteristics -
ANS-5- Breadth, Company first, systems thinking, Change agent, and courage

Jim Swanson, CIO of Monsanto takes three approaches to developing and delivering
predictive analytics and IoT technologies - ANS-5- ""look inside, look outside, and
acquire".

Clark Golestani, CIO of Merck - ANS-5- understanding roles-Horizon one:CIO as CTO,
Horizon two: CIO as business strategist",Horizon three: CIO as venture capitalist"

Tim McCabe, CIO of Delphi Corporation - ANS-5- the attribute that lets most CIOs to
step up to the leadership challenge is passion. He offers 3 suggestions: "Expand your
network, Get Smarter, and look at your team"

Scott McKay, CIO of Genworth Financial - ANS-5. "Create a vision, have a purpose and
develop a strategy"

Bask Iyer, CIO of VMware - ANS-1- CEO's who suffer from the missing-out syndrome
do one of three things:• They anoint their CIO, formally or informally, as head of
innovation and charge her with charting the company's digital future.• They fire their CIO
and hire a new one who arrives all shiny with the promise of digital innovation.

Bob DeRodes,CIO of Home Depot - ANS-1- "It appears we are experiencing a revival of
a tried and failed axiom that the IT needs of a large enterprise are best served by the
adoption of a joint technology leader configuration," "This concept is best described as
having one bright, energetic technology leader charged with inventing new 'digital'
capabilities while the other IT leader (the CIO) oversees 'traditional' IT. Two IT leaders
means two IT strategies, two IT architectures, and one assurance of high cost and low
interoperability."

Dave Truzinksi, CIO of NII Holdings - ANS-1 - To him, a digital strategy is one that
acknowledges that "algorithms trump organizations. People and processes create
latency; algorithms create speed. In the digital age, we need to move our core business
processes to algorithms

, Aaron Levie,CEO of Box - ANS-1- "the industrialist's dilemma," ..."There is a tendency
for CIOs to ask what assets they have and how to repurpose them for a new era," says
Levie. "When really, you have to do away with your legacy environments and vendors, if
you're going to be competitive in this new digital economy." CHANGE YOUR MINDSET

Essentials to Becoming a Digital Leader - ANS-1- Change your mindset, Get Strategic,
Stop Serving and Start leading, Ask for the Job, and Get to Know your CMO

Donagh Herlihy, CIO of Bloom in Brands - ANS-1- focused on the shifting world of
restaurant technology, and how companies are trying to differentiate through digital," We
talked about how marketing, technology, and store operations have to work together to
create and deploy digital solutions to deliver a great customer experience.

Jay Ferro, CIO of the American Cancer Society - ANS-1- "To build a trusted relationship
with your marketing function, you need to get out with your end customers. GET TO
KNOW YOUR CMO. 6- Came up with the IT CODE

Rhonda Gass, CIO of Stanley Black & Decker - ANS-1- Created "The Digital
Accelerator Group," which identifies opportunities for digital products and processes
across the entire company "It was important that the digital accelerator group not just be
led by technology alone," We need our business leaders to stop equating digital with
technology and to understand that they need to develop digital capabilities within their
own businesses."

Dave Smoley, CIO of AstraZeneca - ANS-1- the keys to bringing all of that digital
innovation together are relationships and governance. "We need partnerships with the
business so that we can assist in the identification and selection of technology,
anticipate scale-up opportunities, and enable a network of common interest that
provides visibility to what each group is doing. Created Digital Center of Excellence.
"We want to avoid the scenario where there's the digital conversation and then there's
the IT conversation."

Wolfgang Richter,CIO of PricewaterhouseCoopers - ANS-2- All businesses, had three
layers:
The strategy layer—what products or services are we selling, and whom are we them
selling to?
The operating layer—what are the processes, organizational designs, compensation
structures, and the like that enable us to execute on the strategy layer?
The systems layer—how do we automate the operating layer and make it as efficient
and productive as possible?

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