Thornton May [email protected] CIO & Entrepreneurship CIO Solutions Gallery Annual Showcase...
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Transcript of Thornton May [email protected] CIO & Entrepreneurship CIO Solutions Gallery Annual Showcase...
ThorntonMay
CIO & Entrepreneurship
CIO Solutions Gallery Annual Showcase“The CIO Ascendant Part 3”
2 September 2015
Last night we talked about 2015 being
a transitional momentrequiring leadership
Let’s Get Conceptual for a Moment
A Non-Transitional Moment
Christian Stadler, Enduring Success:
What We Can Learn from the History of
Outstanding Corporations
A Transitional Moment
Quick Jump Ball
In your group, please come up
with three [3] ways
Your environment has changed
90 second exercise
Report Backs
What Patterns/Trends [if any]
do you perceive in your responses?
The Big Change
The Economicsof Disruption
Society’sAttitude Toward
Disruptionand
Disruptors
The Big Change
The Choice Set
The Economics of Disruption
Historically it typically took about $20 million
to get a product to market.
You had to hire a sales force. You had to pay for advertising.
Innovation/invention was expensive.
You had to buy the hardware. You had to buy the software licenses.
The Economics of Disruption
With cloud, open source software and social media it has never been cheaper to bring a product/service to market.
Bill Janeway, Ph.d from University of Cambridge at Warburg Pincus tells the students in his class,
“Guys you don’t need your parent’s charge card you can use your own. You can do it on your own.”
This new economics means SO MANY MORE Start-ups.
So many more choices for CIOs.
The Economics of Disruption
Historically there were only a few places you could go
for venture funding
Historically, capital was expensive
Society’s Attitude Toward Disruption
& Disruptors
Could you point me to
“loud & proud”
Defenders of the Status Quo?
While Doing Research For This Session
We kept bumping into the phrase,
“Extraordinary Circumstances”
Extraordinary Circumstances
“I assume the presidency
under extraordinary
circumstances….”
Gerald R. FordRemarks upon taking the oath of office
[9 August 1975]
The Opportunity Set
You are an IT professional working under
extraordinary circumstances.
The Opportunity Set
Every facet of modern existence and
every piece of your supply/value chain is being probed/analyzed and potentially disrupted
by someone you never thought about.
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Entrepreneur
Or be
Entrepreneured
Über Observation
Remember how during the dot.com era everyone was
worried about being ‘Amazoned’?
The Opportunity Set
For the first time in at least 10 years, CIOs are being asked to do
unstructured problem-solving.
IT is no longer just about “fixing something,” “deploying something” or “optimizing something.”
IT is being asked to envision and create the future.
Visual Metaphor for the Opportunity Set In Indiana Jones and the Last Crusade
the evil protagonist [Walter Donovan played by Julian Glover] attempts to
select the authentic Holy Grail from a shelf of poisoned knock offs.
Donovan makes his choice and his head explodes.
The semi-supernatural, 150-year-old Grail Guardian/Knight
[played by Robert Eddison] comments,
“He chose poorly.”
Visual Metaphor for the Opportunity Set
Observation
The mechanisms whereby most organizations
create and evaluate their opportunity set
are broken.
TODAY –they are kind of gimmicky, they are not that common but they are used.
We are going to need a bigger boat!
Visual Metaphor for the Opportunity Set
are Currently being Evaluated?
5 minute exercise
Which Emerging Technologies
Report Backs
Homage to the Square: Post Autumn, 1963 by Josef Albers
What Patterns/Trends [if any]
do you perceive in your responses?
Your organization uses to evaluate emerging technologies
5 minute exercise
Please Describe the Process
Report Backs
Nicole Van Den Hurk, No. 257
What Patterns/Trends [if any]
do you perceive in your responses?
.
.
Aaron Franks , Singularity University [May 2015]
The GartnerHype Cycle
.
http://www.gartner.com/newsroom/id/3114217?cm_mmc=social-_-sm-_-pr-_-gartpr
The Opportunity Thing
THE most important narrative in business today
is the “opportunity story”
This details how opportunities are
identified, evaluated
and operationalized.
IT has a crucial role to play assisting the enterprise…
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