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Premium fractional CIO services from Innovationvista

December 13, 2020

Premium fractional CIO services from Innovationvista? A key part successful digital transformation is assessing the needs and opportunities of organizations to ensure that the chosen strategy is the optimal path. Executives are justified in concerns about change, but with the pace of innovation being what it is in today’s economy, doing nothing is often actually more risky in many industries. Concerns about information security are legitimate, of course, but those countermeasures are table stakes in their own right, and many approaches to Digitalization do not raise security risks.

Our firm’s unique approach offers small- and mid-size companies the guidance and IT leadership services of expert consultants who have served in a C-level IT role in one or multiple successful tenures, and who have experience in your industry. Our consultants: Possess decades of experience with the strategic decisions needed for success in enterprise technology; Have familiarity with the business model(s) and terminology of your industry; Are armed with our proprietary Innovation framework and toolkits to Stabilize, Optimize, and Monetize your organization’s IT; Provide virtual IT leadership services to clients on a part-time/fractional retainer basis, to make this expertise accessible to any budget. Discover a few more info at fractional CTO services.

An advice any CEO should know about cybersecurity: Cyber liability insurance premiums are significantly increasing in cost and often do not cover all of the damages caused by a cyber breach. It is vital that CEOs establish the appropriate cybersecurity “tone at the top” for their respective organization, regarding the importance of information security and how cybersecurity is everyone’s shared responsibility in a truly digital world. Establishing an organizational “culture of cybersecurity” has proven to be one of the best defenses against cyber adversaries. It is the people, not the technology, which can either be an organization’s greatest defense, or its weakest link against a cyber-attack.

Transitions can be among the most daunting and complex business events for leaders to navigate, and it is often the technology aspects of the change which lead to failure. For this reason, providing Transitional IT Leadership is one of Innovation Vista’s core service offerings. Our experienced consultants have been involved with multiple transitions of various kinds, and bring their expertise to bear on our clients’ challenges: Turnaround of failing companies or IT departments; Mergers & Acquisitions (M&A); Transition to new business models or markets; Change in exit strategy – private equity and IPO strategies; Interim IT leadership to coach successor or as preparatory to M&A. Transition events bring a unique set of challenges which not only add to, but significantly complicate, the ongoing workload involved with successfully operating an IT platform. Other organizations have an interest in unique longer-term IT leadership arrangements: Virtual CIOs – who fill the traditional CIO role as the “head of Information Technology” as a consultant, often part-time &/or remote; Fractional CIOs – who fill the role of CIO for 2 or more organizations at the same time. These structures don’t make sense for every organization, but they may offer a nice solution for some small and midsize companies seeking experienced leadership for lower compensation costs than they would have traditionally paid a full-time CIO.

Leadership’s Mindset about Change is Key for Survival and Success: Much of success in this age of accelerating change will come from how leaders frame the challenge for their organizations. We suggest embracing it, and designing in a regular assessment and redirection of strategy to their business as a “heartbeat”. Avoiding the perception of change and innovation as an “interruption” to business, and encouraging it as an ongoing opportunity for them to jump (and stay) ahead of the competition. Find a few more details on pace of change.

Innovation Vista is not satisfied with the same IT approach most industries have followed since last century. We Innovate Beyond Efficiency. Our evolutionary approach ensures that prerequisite phase(s) are completed before moving on to the next. As much as business leaders want to jump immediately into “Digital Transformation” (and as much as many consultants are happy to sell services to do so), our experience tells us that companies which aren’t ready with the underlying IT capabilities and stability are simply not ready. As with all worthwhile things, creating revenue or disrupting your industry with technology capabilities require significant effort and preparation. We seek to Build Trust First, and to maintain that trust throughout the journey as your trusted IT strategic advisors.

Executive leadership, does your sales team suffer from significant churn? It all comes down to human nature. (Good luck fighting that). It may take a bit of time and education, but in the end I think we can count on smart people to figure out how to act in their best interest. The question for leadership becomes this: is your company culture setup to ensure that your salespeople will believe that collaborating on a CRM platform is in their best interest? It is possible that your salespeople’s resistance to using the CRM system has nothing to do with the system, and everything to do with their plans (or general expectations) that they will be leaving your company in the fairly near future. When that happens, they know that if they have their own spreadsheets or outlook notes or big chief tablets, they can bring very valuable information along with them. If it all exists in the CRM, THEY CAN’T.

Innovation isn’t a Task to Check off – it’s the Outgrowth of a Culture of Collaboration and Teamwork: Innovation is like mom and apple pie; ask for a show of hands of who likes and wants it, and few hands will stay down. If it were a matter of choosing it, everyone would be doing it. So why is real innovation so rare? Because it depends completely on the most difficult challenge of workplace alchemy that leaders face – Culture. Without a culture of Collaboration, innovative ideas will stay locked in staff’s brains, or they’ll get put on a backlog list which never sees the light of day. Without a culture of Teamwork, new ways of operating will fail due to technical or political hurdles which are only surmountable as a team. And complicating all of this even further is the fact that, when it comes down to it, these two concepts have an in-built friction. Explore a few more info at innovation culture.

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