Australian CIO Summit 2018

Register your interest

Please fill out the form below

Choose the option*




While we hope you can join us for this event, Marcus Evans delivers over 1000 annual events globally, so if we miss you this time we would love to keep you informed by email of other related events in your specific area of interest. Is that ok?

Yes    No

*Mandatory fields


  • Get a new challenge

  • Translating IT Opportunities into Organisational Value

     

    Michael Rosemann, a speaker at the marcus evans Australian CIO Summit 2012 , talks about the valuable role of IT-enabled innovation to core strategies and the organisation.

    Interview with: Michael Rosemann, Professor and Head of the Information Systems School, Queensland University of Technology


    FOR IMMEDIATE RELEASE

    Chief Information Officers (CIOs) need to separate people, systems, tools and funds that are dedicated to cutting costs from those used for business transformation, says Michael Rosemann, Professor and Head of the Information Systems School, Queensland University of Technology. Information Technology (IT) departments should be empowered to be innovative and not just have to deal with the demands to cut costs, he adds.

    A speaker at the marcus evans Australian CIO Summit 2012, in the Gold Coast, Queensland, Australia, 23 - 25 July, Rosemann highlights his ideas on inspiring innovators and translating IT trends into organisational value.

    What IT priorities should companies be focusing on now?

    Companies should focus on their core strategies and not on the latest IT hypes. Social media, for example, is an area that many organisations engage in without understanding if it supports their strategies. Realising how IT can enhance the business is more significant than following trends.

    How can CIOs strategise to manage the tension between cost containment and innovations?

    The pool of people, systems, tools and funds dedicated to cost-cutting must be separated from those assigned to transform the organisation. Research shows that it is a mistake to think that the same resources can benefit both cost-cutting strategies and innovation. CIOs should empower parts of their team to be committed to innovation and keep their back free from operational demands to cut costs.

    What added benefits does Business Process Management bring to the organisation?

    Business Process Management can provide an important context for IT-enabled innovation by positioning such innovations within the organisational operations. Lean Management and Six Sigma are futile for innovating companies but can be profitable for those striving to reduce costs. Business Process Management approaches supporting innovation need to include methods and tools that lead to entire new ways of working. If CIOs are able to design innovation into business processes, it goes to the heart of the organisation and helps adapting to a quickly changing environment.

    Where is Business Process Management heading in the near future? How should CIOs prepare?

    The business processes of the future will have to open up and need to be more inclusive in terms of customer engagement opportunities. This requires CIOs to design so-called social processes without compromising on security or privacy. Customers will participate in all parts of the process life cycle covering process design, execution, and monitoring. This is where cloud computing and social media will play an essential role.

    How can CIOs add value to other business functions?

    Value can be added by being proactive and helping the business to understand the emerging capabilities of IT. In a time when IT advances very quickly, CIOs can be boundary spanners, transcribing the potentiality of IT into organisations. In many cases IT has the power to facilitate entire new business models and strategies, but this requires a CIO to translate IT trends into value for the organisation.

    Does the BYOD trend advance or hinder Business Process Management?

    It will be very challenging for many business processes to support a more unpredictable set of devices. If this trend means bringing your own hardware, then the potential for innovation decreases. If the concept means bringing your own solutions, services, applications and innovation, then there is immense potential for innovation.


    Contact: Maria Gregoriou, Journalist, marcus evans, Summits Division

    Tel: +357 22 849 400
    Email:
    press@marcusevanscy.com


    About the Australian CIO Summit 2012

    This unique forum will take place at the RACV Royal Pines Resort, Gold Coast, Queensland, Australia, 23 - 25 July 2012. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on the evolving role of the CIO, data-processing activities, being a creator of value and mastering business responsibilities.

    For more information please send an email to info@marcusevanscy.com or visit the event website at www.australianciosummit.com

    marcus evans group - information technology sector portal

    The Information Technology Network – marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations.

                        

    Please note that the Summit is a closed business event and the number of participants strictly limited.

    About marcus evans Summits

    marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit www.marcusevans.com


    All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com