IT leadership: The change agent in the automated enterprise
IT leadership is largely about keeping up with the times, and it’s fair to say that the times have been moving pretty quickly lately, especially for crucial industries like the financial sector. The explosion of so-called “fintech” platforms is threatening to do to banks and other financial institutions what Uber has done to the taxi industry: force them to change their outdated processes or face obsolescence.
The deployment of more user-friendly applications across mobile infrastructure is in order for the financial industry, but this will impact much more than a few processes and entry-level bank tellers. This digital transformation is positioned to reshape entire institutions from the ground up, with aging legacy data infrastructure being first in line for an automated makeover that will forever alter IT’s role as a supporting player to that of chief value-driver and change agent.
The CIO leads the charge
Change isn’t always easy, especially in large organizations with many entrenched interests. Someone has to lead the charge, and increasingly that tasks is falling to the CIO. As Gary Reiner, chief operating partner at global investment firm General Atlantic noted recently, the CIO’s job is mainly about sourcing—in this case, the sourcing of financial information technology. But beyond that, the CIO must also work closely with others in the organization to explain how technology can help them perform better. The difference with automation is that it changes the equation from simply improving on the old business model to devising entirely new ones.
Read the entire article here, IT leadership: The change agent in the automated enterprise
via the fine folks at HP Enterprise.