Archive | Thought Leadership

Mentor at IncuBus Ventures

IncuBus Ventures LogoI am delighted to have become a mentor at IncuBus Ventures providing hands-on mentoring to entrepreneurs, founding CEOs and their teams across a variety of industries especially around innovation, strategy, product development, technology, business development and investor relations.

IncuBus Ventures is helping get entrepreneurs and their startups ready for the world’s best accelerators and funding via our 12 week incubator programmes.
The programmes include skills based workshops, mentoring and access to workspace.
Learn more about the programme at www.incubuslondon.com

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Judge and Mentor for the MassChallenge Accelerator Program

MCMentorBadgesI am honoured to have been selected as one of the expert judges presiding over the choice of start-ups for the annual intake and overall awards in the MassChallenge Accelerator Program as well as providing hands-on mentoring to founding CEOs and their teams across a variety of industries.

MassChallenge is the most start-up friendly accelerator on the planet with intakes from over 75 countries, and the first to support high-impact, early-stage entrepreneurs with no strings attached.

  • Global Network – With accelerator programmes in Boston, London, Jerusalem, Geneva and Mexico City and a plan to grow to 10 locations by 2019, MassChallenge is fast becoming the world’s largest global accelerator market
  • Top Backing – MassChallenge is supported by many of the world’s top companies such as Pfizer, Microsoft, IBM, Visa, Pepsico, Fidelity, Unilever, Verizon, Cisco, The Kauffman Foundation, Bose, UPS, EMC and Honda
  • Impact over Equity – They take no equity and the high-impact start-ups that get in to the 4-month program compete to win a portion of several million dollars in equity-free awards. MassChallenge is a non-profit, which means they can focus entirely on helping entrepreneurs from any industry win
  • Scale and Results – MassChallenge is making an impact on a grand scale. Since 2010, they have accelerated 835 high-impact start-ups who have collectively raised $1.1billion+ in funding, generated $520m+ in revenue and created 6500+ jobs to date

 

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The Innovation Dilemma

In todays commercial arena, innovation is critical to grow and position your company as a leader within its market(s), and position it above its competition but many don’t know where to begin nor how to foster and drive it within their organisation.

At a recent roundtable I ran, we discussed innovation and its use as a driving force for revenue growth. The roundtable attendees were IT leaders from a number of large enterprise organisations and hailed from all over Europe ready for an engaging discussion (no pressure!).
We started the discussion by going around the room asking everyone what the barriers to innovation were in their organisations.
There were a number of recurring points which weren’t surprising, such as who should own innovation across the organisation, and how do they foster and engage innovation within their organisations and prioritise the elements of it accordingly.

What did surprise me however were comments such as “what exactly is innovation?” and “is delivering new products, ideas or services that improve revenue just me doing my job well?”
I hadn’t expected to hear this but it really made sense and drove our discussion on to how do you measure innovation against doing your job well – not an easy task but if you are set an innovation target within your organisation be it revenue or service focused its a crucial one you will need to resolve.

This really highlighted to me that though every organisation is trying their damnedest to deliver innovation, what they are really struggling with is how to foster, engage with and measure it accordingly in relation to it adding tangible value.
How do you truly measure innovation? Is it through your product creation team delivering the right products to the right markets and capturing critical commercial momentum or simply altering an online process to make it easier for clients to register themselves?

The truth is that in any organisation where free thinking and entrepreneurial activity is encouraged, not stifled and is coupled with hard-working smart employees, you are going to get innovation.
You are also going to create a great working environment which will attract more smart, hard-working people who can create better products and services which create additional revenue and clear competitive advantage – what’s not to like!
Many of you will be thinking this is a brave commercial stance but you cannot argue with the results of those that do change their business strategy and working models like this. It may be hard work and anathema to some but the changing of the guard with relation to that of the traditional executive way of thinking is underway as millennial ideologies and commercial practices seep further into enterprise organisations as they rise up the executive ladder.

There are many ways in which larger organisations are trying to increase their rate of innovation such as creating innovation labs and associated teams to partner with start-up incubators like MassChallenge who do a fantastic job in this space and are non-profit.
JLAB at John Lewis is an excellent example of one such innovation hub where they are encouraging start-ups to come to them and compete to win unique access to John Lewis who will help them refine their products and their business models with the final prize being the opportunity of securing a contract with them.
Others such as UBS who are looking at new technologies which will disrupt their industry such as Blockchain and have set up labs and an open competition for entrepreneurs and technology startups around the world to compete for funding. These are fabulous opportunities for new and established start-ups to work with established corporates and really fosters the growth of innovation and entrepreneurship in our society and I am very much in favour of these efforts.

In today’s world where technology enables us to achieve so much of what we only dreamed possible a few years ago and most people now so attuned to it there really is no argument for not enabling and fostering innovation within your organisation. You now have to concentrate on changing your culture to incorporate, foster and grow innovation within your organisation. It will be hard work, but boy will it pay you back, and it might just be the best thing you’ve ever done.

 

This post has also been featured on the HP Business Value Exchange here 

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Insights on the evolving role of the CIO in the age of digital disruption

I was asked by Samsung to give my insights on the evolving role of the CIO in the age of digital disruption.GartnerSymp2014Samsung
These insights have been included in a marketing piece which Samsung has released in relation to the key take aways for CIO’s coming out of this years Gartner Symposium in Barcelona.
Click here to read my insights.

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The Top 10 Strategic CIO Issues For 2014

CIOs have never had such a glorious—and challenging—opportunity to deliver significant, enduring, and transformational business impact and customer value as they do today.

But it’s not a job for the faint of heart. Any CIO pining for a return to the good old days of bonuses based on server-uptime and SLA enforcement should consider swapping out the CIO title for a new one: senior director of infrastructure.

Continue Reading →

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IT Industry Thought Leader and Featured Contributor – Intel IT Peer Network

Intel IT Peer NetworkI am proud to announce that I was asked to become an IT Industry Thought Leader and Featured Contributor on the Intel IT Peer Network – an IT facing community for IT professionals hosted by Intel.
Please find a link to the site here (registration may be required).

I will be contributing regularly through featured articles, so please take a look and get involved.

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Operating Multi-Cultural, Geographically Dispersed Teams

Long before the days of Skype, intranets, and email – teams generally needed to be in the same location in order to work effectively.
Those days are long gone and many of us now work regularly with colleagues based in different cities, countries, and continents with team members in different time zones, speaking different languages, and from different cultures.
Teams can now include many varieties or flavours of working practices. Some members may work in groups of three or more in the same office, while others may work individually in separate offices or at home. You may see some team members regularly, but you may rarely see others or even have not met at all.

Regardless of how people are organised, managing a team that’s geographically dispersed can present big challenges, even for the most experienced bosses. How do you ensure that everyone feels they’re being treated fairly, if you see some team members much more than others? How can you prevent remote team members from feeling isolated? And how do you get all members to buy into the team’s objectives and stay on track?

When selecting people to work in a geographically dispersed team, it throws up the need for individuals with strong qualities such as self-motivation and the ability to work independently rather than those that need constant encouragement. They will need to have exceptional communication skills and be comfortable communicating regularly via Skype or conference call. Finally, and as with almost every hire you make, they need to be results-driven and comfortable being assessed using KPIs.
Reward performance fairly, consistently and appropriately across the group, making sure workers in remote offices feel as valued and rewarded as those in the same location as you.

The key for me with leading a geographically dispersed team is that it’s essential for members to unite around a common purpose – everyone must agree to the team’s strategic objectives and goals.
Breaking down your strategy and showing where each individual and team contributes to delivering it is an excellent and powerful way to achieve this. This “roadmap” for your team ensures that everyone is focused on what the whole IT organisation needs to deliver and how they enact within it.
From breaking down your strategy to the team or individual level, you can clearly define everyone’s roles and responsibilities, identify key resources, and decide how the team operates. This can then be used to set the relative goals and objectives that each individual can be assessed by.

You MUST create and operate a strong communications strategy, especially if your team members are in different time zones and speak different languages.
It is easy to misunderstand a message or directive if you’re being communicated with in a language that is not your mother tongue, so it’s imperative that you follow up as often as you can across your team(s) and make sure everyone understands and is clear on what you’re trying to achieve. Good meeting practice with clear agendas and well-written minutes should help allay any miscommunication.

It’s easy when managing geographically dispersed teams to not realise the morale of individuals is being effected, as due to the lack of daily contact you won’t be able to see their body language or detect any slight deviations in attitude.
It’s easy for individuals to think that your behaviour or lack of contact is a direct slight on their performance or lack of meaning to the cause.
They know you’re busy but be careful when communicating via email that your emails aren’t too abrupt or short, especially as they may be well be picked up and read differently in a time zone where they can’t instantly communicate with you to discuss or clarify the underlying tone. Also, make a rule for yourself that you don’t miss more than one team conference or video call in a row.

Don’t lose sight of the need to be personable and approachable to anybody no matter of their location or position, as there is more to leading geographically dispersed teams than just sitting in on conference calls or throwing out the option to email you if there’s an issue.

Trust me, people will really appreciate you just picking up the phone or making regular visits and hosting a team meal or evening drink – it helps to break down barriers and shows people that they are part of the larger team despite the size or location of their team.

Finally, its important to promote team bonding and if you can (budget permitting) get the whole team together at least once a year even if only for a couple of days or at a key location per region depending on size.
Make these events informative and a forum for creativity and discussion but don’t forget to add in a bit of fun through some social activities.

As well as this, look at setting up some inexpensive webcams for team members to Skype each other and an Intranet team page or forum where individuals can input suggestions or throw ideas around.
Tools such as Yammer, Chatter and Messenger can also allow constant contact and are great as an instant communication channel as they allow you to do things such as see that somebody in a remote location is available and crossing over on your time zone be they working late or coming in early.

This piece has also been posted on my Outsource Magazine column at http://dlvr.it/3wPhcn and here on The Business Value Exchange in my position as CIO ‘Thought Leader’.

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Flexible IT Systems – Building Systems that can Overlap Across Functions

My latest ‘CIO Thought Leadership’ piece entitled, ‘Flexible IT Systems – Building Systems that can Overlap Across Functions.’
This piece is available in the IT-Enabled Business Innovation topic section on The Business Value Exchange.
Read it here and get involved by leaving a comment.

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Post Merger Integration – Do’s and Don’ts

My latest ‘CIO Thought Leadership’ piece entitled, ‘Post Merger Integration – Do’s and Don’ts.’
This is the last piece in a series that I have written for the Mergers and Acquisition topic section on The Business Value Exchange.
Read it here and get involved by leaving a comment.

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