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THE CHIEF INNOVATION OFFICER (CINO) TRAITS AND MISSION

THE CHIEF INNOVATION OFFICER (CINO) TRAITS AND MISSION Large companies need a Chief Innovation Officer (CINO), a powerful executive who can counterbalance the natural killing instinct of a company’s business units and design a more innovation-friendly organizational environment. The CINO’s key role is to constantly “bang the drum” for innovation, being essentially responsible for identifying and proposing areas where technology, company structure and day-to-day practices can be combined and refined to drive a business towards its corporate goals. A great CINO must be multi-skilled – a requisite that will often prevent traditional CIO or CEO job roles from absorbing this responsibility. Key roles in the Chief Innovation Officer (CINO) traits and mission: 1.     A HIGH CREDIBILITY FACTOR It's not enough for a CINO to be respected by the employees in the company (though, certainly, that goes a long way). A CINO has to get the respect of all of the other officers ...

CHIEF INFORMATION OFFICER (CIO) IS THE CHIEF INNOVATION OFFICER (CINO) ?

CHIEF INFORMATION OFFICER (CIO) IS THE CHIEF INNOVATION OFFICER (CINO)? The CIO is at the epicenter of digital transformation and has the power to revolutionize business with technology. This makes the CIO the organization’s chief innovation officer. CIOs want to accelerate their use of cloud, analytics and AI technologies to transform their organizations. The most innovative and successful CIOs are finding ways to empower their workforces, identifying growth markets both within and outside their industries. The best-performing CIOs are creating more powerful interactions with customers to improve satisfaction and loyalty. A leading group of companies known as “torchbearers” comprise four percent of all companies according to the IBM Global C-suite Study that surveyed 1,805 CIOs. These torchbearers have strong reputations as innovators, combined with excellent financial performance. More than 70 percent of CIOs in these torchbearer companies focus on the strategic implications...