thornton may thornton@thorntonamay.com cio & entrepreneurship cio solutions gallery annual...

ThorntonMay

thornton@thorntonamay.com

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.

19

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…

35