According to the 𝟐𝟎𝟐𝟒 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐈𝐎 𝐒𝐮𝐫𝐯𝐞𝐲 by Foundry, 𝟕𝟓% of CIOs find it challenging to strike the right balance between these two critical areas. This difficulty is notably higher in sectors such as education (𝟖𝟐%) and manufacturing (𝟕𝟖%), and less so in retail (𝟓𝟒%). (Source: https://lnkd.in/ebsed9i7) 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐄𝐱𝐢𝐬𝐭𝐬: The increasing emphasis on digital transformation and artificial intelligence (AI) is driving the need for innovation. In 2024, 28% of CIOs reported that their primary CEO-driven objective was to lead digital business initiatives, a significant increase from the previous year. This push towards innovation often competes with the imperative to maintain operational excellence, including upgrading IT and data security and enhancing IT-business collaboration. 𝐓𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬: The tension between innovation and operational excellence can lead to a misallocation of resources if not managed correctly. It can result in either stifling innovation due to overemphasis on day-to-day operations or risking operational integrity by over-prioritizing disruptive technological advancements. For instance, sectors with a high focus on operational challenges, such as education and healthcare, particularly emphasize IT security and business alignment over aggressive innovation. 𝐀𝐝𝐯𝐢𝐜𝐞 𝐟𝐨𝐫 𝐂𝐈𝐎𝐬: • 𝐄𝐦𝐛𝐫𝐚𝐜𝐞 𝐚 𝐃𝐮𝐚𝐥 𝐀𝐠𝐞𝐧𝐝𝐚: Get used to it! CIOs should advocate for an IT strategy that equally prioritizes operational excellence and innovation. This involves not only leading digital transformation projects, but also ensuring that these innovations deliver tangible business outcomes without compromising the operational integrity of the organization. • 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧 𝐈𝐓 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧: Strengthening the collaboration between IT and other business units remains a top priority. CIOs should work closely with business leaders to ensure that technological initiatives are well-aligned with business goals, thereby enhancing the overall strategic impact of IT. • 𝐃𝐞𝐯𝐞𝐥𝐨𝐩 𝐚 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐨𝐝𝐞𝐥: To manage the dynamic demands of both innovation and operational tasks effectively, CIOs should adopt a flexible resource allocation model. This model would allow the IT department to shift resources quickly between innovation-driven projects and core IT functions, depending on the business priorities at any given time. ******************************************* • Visit www.jeffwinterinsights.com for access to all my content and to stay current on Industry 4.0 and other cool tech trends • Ring the 🔔 for notifications!
Balancing Growth And Innovation
Explore top LinkedIn content from expert professionals.
-
-
Innovation is the lifeblood of progress, but it doesn’t happen by chance. It’s cultivated in environments where team members feel safe to share ideas and challenge the status quo. Creating a culture of innovation means nurturing an environment where bold ideas can flourish. It’s about openness, diverse perspectives, and the freedom to experiment. When people feel empowered to speak up, creativity thrives, and true innovation follows. So, how do you create such a culture? 1️⃣ Embed a Growth Mindset: Encourage continuous learning and development across all levels of the organization. Provide resources for professional growth and celebrate learning milestones, fostering an environment where knowledge and skills are constantly evolving. 2️⃣ Facilitate Cross-Functional Collaboration: Break down silos and encourage teams from different departments to work together. Cross-functional projects can bring fresh perspectives and spur innovative solutions that wouldn’t emerge in isolation. 3️⃣ Implement Structured Feedback Mechanisms: Establish regular feedback processes focused on constructive criticism and actionable insights. Ensure psychological safety so team members feel secure, viewing feedback as an opportunity for growth rather than critique. 4️⃣ Encourage Calculated Risks: Promote a culture where calculated risks are welcomed. Empower your team to explore new ideas and approaches without fear of failure. Recognize and reward innovative efforts, even when they don’t result in immediate success. By embedding these principles into your organizational culture, you can pave the way for continuous growth and success. Let’s create spaces where innovation is not just an aspiration but a tangible reality. #Leadership #Innovation #FutureOfWork
-
"Demand can’t be managed nor made intelligent” I hear this all the time from "industry experts". But it's wrong. At Octopus, we've been able to consistently achieve 30-50% decrease in peak energy usage by managing thermostats. ERCOT's energy-only market highly rewards this type of customer flexibility. While competitors struggle with 50% override rates, we've been able to achieve 5-10% override rate. All of this is because we're not focused on demand response. Instead, we're focused on customers and learning about each individual one. And hence true customer-centric flexibility. Today's ERCOT forecast is for "just enough supply to satisfy demand". Yes, we should build more supply. And we're doing so rapidly in Texas. But there are also GW of flexible demand to unlock. We can avoid many, maybe all, of these grid challenges by rewarding customers for providing flexibility. We do this through our Intelligent Octopus product where Texans get ~25% off their energy rates for choosing the flex-based product. That's $600-800/yr back in Texans' pockets. Flexibility creates deflationary loops: lower costs, lower carbon, more resiliency. And consumer flexibility is the most untapped oppty.
-
Welcome back to the #Ramalytics LinkedIn series, where we’re exploring how to lead boldly through the lens of the Challenger Mindset. In this installment, we’ll explore 2 key strategies: focusing on consumer needs and creating time and space for true innovation. #Strategy 3: Another critical trait of a Challenger Mindset is a relentless focus on consumer needs. Challengers adopt an "outside-in" approach, looking beyond themselves to anticipate future trends and evolving preferences. Challengers aren’t just about creating novel products — they are visionaries who stay connected to their audience and continuously explore ways to meet emerging demands. Adopting this mindset requires staying attuned to consumer behavior by gathering insights, listening to feedback, and pivoting when needed. Read about Nvidia, a company whose success is a reminder to anticipate what consumers will need next, delivering solutions before the need even becomes apparent. #Strategy 4: Challengers Create Space (and Time!) to Innovate It’s no secret that the most disruptive ideas often come from the marriage of deep reflection and unexpected insight. In today’s fast-paced world, it’s easy to overlook the importance of slowing down and giving ourselves the freedom to think creatively. Yet, this very pause is often a Challenger's most potent tool. Take inspiration from Einstein, who valued imagination over knowledge! To build this kind of reflection into daily routines—whether at the individual or organizational level—requires deliberate effort. True innovation demands slowing down to nurture groundbreaking ideas. Embracing the Challenger Mindset Whether you're a start-up looking to break in or an incumbent brand looking to stay on top, embracing a Challenger Mindset means constantly questioning the status quo and daring to innovate in bold, new directions. >> One effective way to create space for innovation is by reducing internal complexity. Continuously ask how much of your organization’s resources are being allocated to managing internal processes. What’s the ROI on that investment? Often, you’ll find that overly intricate internal initiatives can be redirected to high-impact efforts that drive innovation. >> Another principle is to focus on where disruption can happen. Ask yourself and your organization: What legacy practices or mindsets need to be broken to build a stronger future? Push your teams to imagine new possibilities, whether it’s a fresh idea or a new way of tackling an enduring problem. For individuals, embracing a Challenger Mindset means adopting a growth mentality. Seek out new challenges, learn from every experience, and resist the comfort of complacency. Strive to get at least one percent better every day. Where From Here? Achieving Challenger status is a mindset to live every day. It’s worth it. By embracing it, companies and individuals can navigate today’s complexities and lead in shaping tomorrow. #leadership #management
-
Cross-functional misalignment is the silent killer of great product strategies. But… how can you fix it? A couple of weeks ago, I asked about the biggest challenge in executing your product strategy, and many of you pointed to cross-functional misalignment. It's a concern that resonates deeply, and it's something we've been addressing with leaders in the CPO Accelerator. Why is this such a common hurdle? Misalignment often stems from the absence of a clear, shared vision. When teams like marketing, sales, and engineering are not aligned with the product vision, efforts become fragmented. This lack of unity can cause delays, wasted resources, and ultimately, products that miss the mark. To effectively tackle this, communication is key. Leaders must articulate the product strategy across all levels, ensuring every team understands how their work contributes to the bigger picture. This isn't a one-time effort but a continuous dialogue. Regular updates, town halls, and aligned roadmaps can keep everyone on the same track. Repetition is key here 🔑 Empowering product leaders with tools and processes to foster alignment is essential. This is where Product Operations can bring immense value, acting as a bridge between teams. By optimizing workflows and facilitating collaboration, Product Ops ensures that everyone moves toward the same goals without stumbling over each other. Remember, alignment doesn't mean micromanaging. It's about providing clarity, setting boundaries, and then trusting your teams to deliver results. Encourage a culture of experimentation and accountability. Allow teams to make decisions aligned with strategic outcomes, not just ticking off feature lists. By focusing on aligning teams with a shared vision and clear objectives, you can transform cross-functional misalignment from a barrier into an opportunity for collaboration and innovation. Let's make strides toward cohesive strategies that drive meaningful outcomes. How are you ensuring alignment in your organization? I'd love to hear your thoughts.
-
Product innovation isn't about adding every feature customers request, it's about making the right choices that create genuine value for the customer. The core issue isn't about feature abundance, it's about purpose. When we try to please everyone by incorporating every legacy system and new technology, we risk creating a Frankenstein product that serves no one effectively. Real innovation comes from understanding which features truly enhance the user experience and drive meaningful progress. My golden rules: 🔸 Smart product development requires ruthless prioritization 🔸 Customer feedback needs strategic filtering 🔸 Legacy support shouldn't compromise future vision Excellence in product development isn't about saying "yes" to everything - it's about making informed decisions that align with both user needs and business strategy. How do you balance customer requests with strategic innovation in your organization? #Innovation #Future #Technology #LinkedinTopVoices #ProductStrategy #DigitalTransformation #CustomerExperience
-
𝗛𝗼𝘄 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲 𝗔𝗿𝗰𝗵𝗶𝘁𝗲𝗰𝘁𝘂𝗿𝗲 𝗕𝗮𝗹𝗮𝗻𝗰𝗲𝘀 𝗦𝗵𝗼𝗿𝘁-𝗧𝗲𝗿𝗺 𝗡𝗲𝗲𝗱𝘀 & 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗚𝗼𝗮𝗹𝘀 EA gets caught between the 𝗶𝗺𝗺𝗲𝗱𝗶𝗮𝗰𝘆 𝗼𝗳 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 and the 𝗶𝗺𝗽𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗼𝗳 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆. Some orgs embed EA into SA roles so projects meet current demands. Others make EA a billable function, tying value to immediate deliverables. Both approaches bring risks: ➡ When SAs wear EA hats, decisions are localized rather than strategically aligned, risking fragmented technology landscapes. ➡ When EA is billable, there’s pressure to justify work through short-term project outcomes over enterprise-wide impact. To drive transformation, EA must be a 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗳𝘂𝗻𝗰𝘁𝗶𝗼𝗻, 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝗮𝗻 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗹𝗮𝘆𝗲𝗿. Here are 3 Ways EA Balances The Short- and Long-Term: 𝟭 | 𝗘𝗺𝗯𝗲𝗱 𝗘𝗔 𝗶𝗻 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆, 𝗡𝗼𝘁 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 EA shouldn’t just validate solutions—it should shape them. 𝙃𝙤𝙬? ✔ Engage EA in strategy to align roadmaps with business goals. ✔ Ensure decisions are more than tactical—connect them to enterprise-wide outcomes. ✔ Establish EA governance so short-term decisions don't create long-term complexity. 📊 EA works best defining the guardrails—not just reviewing outputs. 𝟮 | 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗪𝗶𝘁𝗵 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 Orgs need speed to stay competitive—but not at the cost of architectural integrity. 𝙃𝙤𝙬? ✔ Iterative architecture allows for agile decision-making while maintaining long-term vision. ✔ EA assesses the impact of emerging technologies before disrupting existing structures. ✔ Use reference architectures and patterns to ensure scalability while allowing for flexibility. 🔄 EA helps businesses move fast—without breaking the foundation. 𝟯 | 𝗠𝗲𝗮𝘀𝘂𝗿𝗲 𝗘𝗔’𝘀 𝗜𝗺𝗽𝗮𝗰𝘁 𝗕𝗲𝘆𝗼𝗻𝗱 𝗜𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝗮𝗯𝗹𝗲𝘀 If EA is only evaluated by project success, its strategic influence diminishes. 𝙃𝙤𝙬? ✔ 𝗧𝗶𝗲 𝗘𝗔 𝗺𝗲𝘁𝗿𝗶𝗰𝘀 𝘁𝗼 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲, not technical implementation. ✔ Define KPIs that reflect cost savings, agility, and risk reduction. ✔ Showcase EA’s role in long-term value creation, beyond project timelines. 🎯 EA’s success isn’t just about what gets built today—it’s about what remains sustainable tomorrow. 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆 Enterprise Architecture isn’t a support function—𝗶𝘁’𝘀 𝗮 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗲𝗻𝗮𝗯𝗹𝗲𝗿. 𝗪𝗵𝗲𝗻 𝗲𝗺𝗯𝗲𝗱𝗱𝗲𝗱 𝗶𝗻𝘁𝗼 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽, 𝗘𝗔 𝗲𝗻𝘀𝘂𝗿𝗲𝘀 𝘁𝗵𝗮𝘁 𝘀𝗵𝗼𝗿𝘁-𝘁𝗲𝗿𝗺 𝘄𝗶𝗻𝘀 𝗱𝗼𝗻’𝘁 𝗰𝗼𝗺𝗲 𝗮𝘁 𝘁𝗵𝗲 𝗰𝗼𝘀𝘁 𝗼𝗳 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝘀𝘂𝗰𝗰𝗲𝘀𝘀. _ ➕ Follow Kevin Donovan, ring the bell 🔔 👍 Like | ♻️ Repost _ 🚀 Join Architects' Hub! Sign up for our newsletter. Connect with a community that gets it. Improve skills, meet peers, and elevate your career! Subscribe 👉 https://lnkd.in/dgmQqfu2 #EnterpriseArchitecture #DigitalTransformation
-
The UK’s new car market is at a crossroads. April saw a 10.4% drop in new car registrations, the sixth decline in seven months, highlighting a fragile economy and wavering consumer confidence. Strategic, long-term action is now essential. Tax changes, like the Vehicle Excise Duty (VED) adjustments and the Expensive Car Supplement, are reshaping consumer behaviour and shifting transactions unpredictably, demonstrating that policy has real-time impact. Electric vehicle (EV) adoption is growing. Battery electric vehicle (BEV) registrations rose 8.1%, but their 20.4% market share still falls short of ZEV Mandate requirements. Fleet buyers now make up 60% of the market, signalling progress but also an imbalance, private consumers are being sidelined from EV purchase and continuing to choose the internal combustion engine. On that point, as we push toward electrification and the launch of our new BEV in 2026, the Mazda6e, we must also recognise the continued relevance of internal combustion engine (ICE) vehicles. For many consumers, particularly in rural areas or with limited charging access, ICE vehicles remain the practical and affordable choice. A balanced market must support both paths during the transition, and we recognise this need at Mazda through our multi-solution approach to finding innovative solutions for our customers’ needs across the full range of vehicles and powertrains. To ensure sustainable growth: - Reform incentives: Make incentives more inclusive. - Protect equality: Ensure lower-income consumers aren’t excluded from the green transition. - Maintain consumer choice: Recognise that ICEs will continue to serve critical mobility needs during the transition, particularly for rural communities, those driving long distance and those not yet ready to make the switch to EVs. - Drive awareness: Use media to improve consumer understanding of the ZEV mandate and what it means for them, including the continued option for the internal combustion engine cars and dispel misinformation. - Invest in innovation: Advance EV tech and infrastructure to meet future demand and attract investment. We must avoid heavy-handed interventions that distort the market and penalise consumers. A one-size-fits-all approach won’t work. The transition to zero emissions must be inclusive, stable, and grounded in real-world needs.
-
Three years into building Devsinc, I sat in a conference room in New York with a potential client. Their CTO asked me point blank: "Are you still coding, or are you just managing now?" The question stung. Because it exposed the exact tension every founder wrestles with. When do you stop being the person who builds and become the person who builds the team that builds? McKinsey & Company just published research showing that 78% of companies that find product market fit fail to scale. Not because they lack technical skill. They fail because founders can't make the shift from charismatic success to systematic execution. I've lived both sides. Started writing code in Lahore at 19. Built my first profitable software product at 23. Spent the next decade believing that if I worked harder, coded faster, sold better, we'd break through. What I didn't understand then: innovation got us to $5 million. But institutionalization is what gets you to $50 million. Deloitte's 2025 Chief Transformation Officer Study found something remarkable. Companies are now spending 2.5 times more on transformation budgets than two years ago. And over 80% of these programs are meeting or exceeding their targets. Why? Because founders are finally accepting what I resisted for years: systems beat heroics. But here's the paradox. Companies led by transformational leaders report 78% higher employee satisfaction. The data from Deloitte shows that organizations focused on innovation are 3.3 times more confident about their growth. So we can't abandon the innovation mindset when we institutionalize. The answer isn't choosing between innovation and structure. It's knowing when each serves your company better. Early stage, you need innovation velocity. Scale stage, you need operational consistency. But at every stage, you need both in different proportions. I still code sometimes. Not because Devsinc needs me to. Because I need to remember what it feels like to build something from nothing. That founder instinct never fully disappears. It shouldn't. The real skill is knowing when to step back from the keyboard and step into the boardroom. Both are acts of creation.
-
🧭 How To Manage Challenging Stakeholders and Influence Without Authority (free eBook, 95 pages) (https://lnkd.in/e6RY6dQB), a practical guide on how to deal with difficult stakeholders, manage difficult situations and stay true to your product strategy. From HiPPOs (Highest Paid Person’s Opinion) to ZEbRAs (Zero Evidence But Really Arrogant). By Dean Peters. Key takeaways: ✅ Study your stakeholders as you study your users. ✅ Attach your decisions to a goal, metric, or a problem. ✅ Have research data ready to challenge assumptions. ✅ Explain your tradeoffs, decisions, customer insights, data. 🚫 Don’t hide your designs: show unfinished work early. ✅ Explain the stage of your work and feedback you need. ✅ For one-off requests, paint and explain the full picture. ✅ Create a space for small experiments to limit damage. ✅ Build trust for your process with regular key updates. 🚫 Don’t invite feedback on design, but on your progress. As designers, we often sit on our work, waiting for the perfect moment to show the grand final outcome. Yet one of the most helpful strategies I’ve found is to give full, uncensored transparency about the work we are doing. The decision making, the frameworks we use to make these decisions, how we test, how we gather insights and make sense of them. Every couple of weeks I would either write down or record a short 3–4 mins video for stakeholders. I explain the progress we’ve made over the weeks, how we’ve made decisions and what our next steps will be. I show the design work done and abandoned, informed by research, refined by designers, reviewed by engineers, finetuned by marketing, approved by other colleagues. I explain the current stage of the design and what kind of feedback we would love to receive. I don’t really invite early feedback on the visual appearance or flows, but I actively invite agreement on the general direction of the project — for that stakeholders. I ask if there is anything that is quite important for them, but that we might have overlooked in the process. It’s much more difficult to argue against real data and a real established process that has led to positive outcomes over the years. In fact, stakeholders rarely know how we work. They rarely know the implications and costs of last-minute changes. They rarely see the intricate dependencies of “minor adjustments” late in the process. Explain how your work ties in with their goals. Focus on the problem you are trying to solve and the value it delivers for them — not the solution you are suggesting. Support your stakeholders, and you might be surprised how quickly you might get the support that you need. Useful resources: The Delicate Art of Interviewing Stakeholders, by Dan Brown 🤎 https://lnkd.in/dW5Wb8CK Good Questions For Stakeholders, by Lisa Nguyen, Cori Widen https://lnkd.in/eNtM5bUU UX Research to Win Over Stubborn Stakeholders, by Lizzy Burnam 🐞 https://lnkd.in/eW3Yyg5k [continues below ↓] #ux #design