Interop CIO Boot Camp: How CIOs Can Drive Innovation
Interop Las Vegas this week featured a 2-day workshop for aspiring CIOs and one presenter described how CIOs can actively and effectively promote innovation within their organizations. Nationwide Financial Services CIO Emeritus Bruce Barnes says a big part of the formula is quite simple: people do what you pay them to do.
Interop Las Vegas this week featured a 2-day workshop for aspiring CIOs and one presenter described how CIOs can actively and effectively promote innovation within their organizations. Nationwide Financial Services CIO Emeritus Bruce Barnes says a big part of the formula is quite simple: people do what you pay them to do.First and foremost, Barnes says, CIOs must "be seen as a credible individual when speaking on innovation, which means that you have to change the language from being an IT guy to being a businessman, or a businesslady. You have to know the world in which you live: the industry, the competition, and your own business, and you have to speak that language to gain the credibility of knowledge."
The link above is to a 2-minute video clip of Barnes' comments on innovation, sent to Global CIO by our friends at Riverbed.
Barnes describes some methods he employed at Nationwide Financial, ranging from assigning a small set of individuals to focus all of their time on finding and evaluating innovative technologies and processes, to incorporating varying levels of responsibility for the quest for innovation into every employee's performance evaluation.
The topic was part of the broad mix of business and technology issues reviewed in Interop's two-day CIO Boot Camp, which drew about 150 people, according to Interop General Manager Lenny Heymann. This was the fourth year Interop has hosted the CIO-centric workshop, Heymann said, and this year's crowd was the largest yet.
With other sessions at the Interop event driving home the point that the wide range of business transformations taking place today will be built in large part on parallel IT transformations, the CIO Boot Camp provided an ideal environment for current and aspiring IT executives to gain greater insight into how they can gain greater business acumen while also remaining up to date on the latest IT trends and strategies.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of September 18, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."