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From Vision to Breakthrough Growth - from Innosight CEO Summit

This is short summary from LEADING TRANSFORMATION – 2019 CEO Summit Report by Innosight.

THE GROWTH IMPERATIVE
Innosight has long argued that growth doesn’t just happen; it’s a choice.Incremental improvement of the status quo is no longer enough to achieve breakthrough growth. Business model — or even ecosystem — innovation is the biggest driver of long-term value. 
How leaders enable that — moving from vision and ideation to incubation and operationalization of disruptive change — was the focus of Innosight’s 2019 CEO Summit in Boston.
The ability to enable sustainable breakthrough innovation while still executing in the core business is a tall order. At its heart, it’s a systems issue. It requires the integration of leadership, strategy and innovation. “[You have to have] the right way of thinking to unlock a vision and then move that into a strategy for breakthrough growth,” Johnson said.. 
Growth is particularly hard for large companies for three reasons, Math,Market share and MaturityT…

Creating a Culture of Innovation - 8 Ideas that work @ Google

“The story of innovation has not changed. It has always been a small team of people who have a new idea, typically not understood by people around them and their executives.” - Eric Schmidt

Most frequently asked questions to Google executive : How does Google innovate? Can innovation be planned? Can it be taught?

Here are the 8 ideas/steps that work @ Google. Or Google practices to infuse innovation.


Think 10xLaunch, then keep listeningShare everything you can - Collaboration happens best when you share information openlyHire the right people - Referrals from current employees have proven to be a great way to bring talented new people into our companyUse the 70/20/10 model 70% of our projects are dedicated to our core business 20% of our projects are related to our core business10% of our projects are unrelated to our core businessLook for ideas everywhere - Use data, not opinionsFocus on users, not the competition
Inspiration from Google http://lp.google-mkto.com/rs/248-TPC-286/images…

Gartner CIO Agenda 2020 - Business Priorities | Budgets | Challenges | Action list

The latest Gartner CIO Agenda 2020 promulgates and reassures 2020 is the year of growth for the IT services companies. This is buttressed by taking a look at various aspects on what the CIOs have undergone in the past years and provides a detailed action list as prescription.

1. Top Business Priorities (3 out of 5) have not changed over the last 3 years. n = no of CIOs responded
Priority 2018 (n = 2615) 2019 (n = 2743) 2020 (n = 991) 1 Growth/market share Digital initiatives Digital transformation; and “Digital” Has Become Business as Usual 2 Digital business/ digital transformation Revenue/business growth Costs (operational excellence) 3 Profit improvement/ profitability/asset monetization Operational excellence Growth (Revenue / business growth) 4 Innovation, R&D, new products/services Customer experience Security 5 Customer focus Cost optimization/reduction Innovation
2. IT Budgets are increasing for 2020. Expected Change in Enterprise IT Budgets are

2018 2019 2020 Global 3.0% 2.9%

2020 CIO Agenda - Winning in the turns | by Gartner

2020 CIO Agenda “Winning in the turns – how to win during crisis and transformation” is the theme for 2020. Read the full report here - 2020 CIO Agenda - Winning in the turns

Key findings:
CIOs are uniquely positioned to help their organizations thrive following a crisis. This year, Gartner classifies organizations into 2 typesFIT – Enterprises that came out ahead of crisis (such as acquisitions, cost pressures, possible economic downturn, growing trade wars, digital disruption and changes in consumer demand) that erode the fundamentals of running a business are identified as “fit”FRAGILE – Enterprises that came our behind and suffer permanent structural damage are identified as “fragile”Organizations approach to crisis through battening down the hatches (by cost cutting or risk reduction) may get hurt.Fit enterprises emerge from these events are stronger, more competitive, able to fund business initiatives, attract the right talent, and so on.FIT enterprises revenues increased by 5% CA…

High Performance Collaboration (HPC) Framework #TogetherStronger

High Performance Collaboration (HPC) Framework #TogetherStronger from Ragavendra Prasath

Bibliography & Courtesy!

1. Book titled ‘Trillion Dollar Coach’ by Eric Schmidt & Jonathan
2. Book titled ‘Powerful - Building a Culture of Freedom and Responsibility’ by Patty McCord.
3. Book titled ‘Measure What Matters’ by John Doerr
4. Our favorite one The five keys to a successful Google team - https://rework.withgoogle.com/blog/five-keys-to-a-successful-google-team/

Problem Solving Approach using HCD

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Summary - Accelerate State of DevOps 2019 by Google Cloud's DORA

Summary of Accelerate - 2019 State of Devops report by Google Cloud's DORA from Ragavendra Prasath : Courtesy & Inspiration to the authors from Google - Dr. Nicole, Jez Humble, Dr. Smith & Jessie

A detailed 82 pages report is abridged to 5 pages report.  Access DORA report here - https://services.google.com/fh/files/misc/state-of-devops-2019.pdf
Key stats: 1.Elite and High performing organization do well in all 4 SDO aspects and Low. performers worse in all 4 SDO aspect a.4 aspects such as Deployment Frequency, Lead Time, MTTR and Change Failure rate 2.DevOps Crossed the Chasm - with industry velocity is increasing on Speed & Stability, with shifts to Cloud Computing fueling this acceleration; Majority enterprises use Multi-Cloud. a.Retail industry tops in benefitting over speed and stability; followed by highly regulated industries such as Financial Services and Government b.Large enterprises ( esp. >5000 employees) struggle as low performers because of the heavy we…