Explorer CIOs operate in a status quo environment, yet within organizations that encourage exploratory innovation. They should adapt general-purpose technologies and seek ways to connect to consumer technologies to enable their organization to move into adjacent markets and prepare for change.
- Recognize When Conditions Support the Explorer Scenario
- External Environment: Status Quo
- Innovation Posture: Exploratory
- An Action Plan for Explorer CIOs
- Adopt Bimodal IT to Balance Operational Excellence With Exploratory Research and Development
- Establish a Cross-Functional Digital Innovation Function to Implement the STREET Process for Innovation Management
- Partner With Business Executives Who Are Tasked With Expansion Into New Business Opportunities, and Provide Enabling Infrastructure
- Identify and Pursue Opportunities to Apply Advances in General-Purpose and Consumer Technologies to Improve the Existing Business
- Formalize Innovation Governance to Overcome Common Barriers to Operationalizing Innovation, Such as Micromanagement, Internal Resistance and Analysis Paralysis
- Focus on Three Areas
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