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Taking the gamble out of innovation

It seems to me that the CIO shop is often the most disappointing part of most organisations – delivering incomplete solutions and rarely meeting expectations or the original business objectives. This is why CIOs are shying away from innovation (Businesses need to bet on innovation, 17 March).

So how can CIOs demonstrate that they can add value through IT innovation? By appreciating what the business wants to do in the future and aligning with it, as well as understanding what the art of the possible is and being able to turn that into reality – without huge risk.

Failing fast and running proofs of concepts as early as possible takes the uncertainty out of the process and turns innovation into a central business driver, rather than a gamble.

Mike Scott, Tata Consultancy Services

April 14, 2008 in Return on investment | Permalink

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