Gartner Information Technology Research

How CIOs Can Foster Business Model Innovation Through Workshops

Published: 20 March 2020

ID: G00466847

Analyst(s): Tsuneo Fujiwara, Daniel Sun, Mark Raskino

Summary

Digital technologies such as AI and IoT are central to business model change. Leveraging cross-functional workshops, CIOs can effectively help the organization imagine what the possibilities for change are, sparking creativity and enabling business model innovation.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Ignite Creativity and Foster New Business Models Design by Driving Collaborative Workshops Between Business and IT
  • Explore and Experiment With Digital Business Model Design and Innovation Practices, Leveraging Digital Technologies Such as AI and IoT to Expand to New Channels or Services
  • Prioritize Which Experiments to Take Forward to Build the New Business Model, Leveraging Digital Giants, Taking Baby Steps and Ensuring Key Actions

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