- The IT department continues to lose influence over what technology the business adopts. This is the result of IT’s difficulty in addressing the adoption of the last set of mega-trends known as the “SMAC-stack” – Social, Mobile, Analytics, and the Cloud.
- Without a keen awareness of how trends impact the business, and how the business can exploit a trend, the IT department will always be relegated to back-office maintenance work. The problem is that the next, latest and greatest technology is always on the horizon. But just as one seems like it’s about to rise, it fizzles, and another “hot” trend emerges.
- Trend reports can provide an academic outlook as to what is happening in the technology landscape, but not much else.
- CIOs need a framework to develop concrete insight into what the future is likely to bring, and how it might impact how they operate IT and how their organization does business.
Impact and Result
The role for the CIO moving forward into 2017 will be to help the organization become more proactive about competition and disruption. The CIO can accomplish this by doing the following:
- Scanning the organization’s environment signals in order to spot trends.
- Focusing on the critical uncertainties pertaining to any given trend and analyzing them to determine the art of the possible.
- Building agility into the organization’s technology strategy to make room for discovery.
In 2017, IT can become a center of foresight and innovation for the organization, observing technology trends at their onset and helping shape business strategy.