Interview IT Leadership

Innovation-The Lifeblood for Growth 2.0: Tech, Skills, Culture and What Else?

Business is changing. Disruptions are coming faster than expected. Business Technology Leaders need to get up to speed and deepen their understanding in these changing times to innovate for future growth. As we open up our doors to a new normal life, most futurists consultants, organizations, and each one of us are trying to picture what the future will look like.

And everyone agrees on two things.

  • The world will look different than before.
  • This transformation will not be temporary.

From an enterprise scenario, Business Technology Leaders will require to get up to speed and deepen their understanding in these changing times to innovate for future growth.

Keeping this theme in mind, Dynamic CIO had a LinkedIn Live discussion with the theme, “Innovation: The Lifeblood for Growth 2.0: Tech, Skills, Culture and What Else?

The speakers for the session were

  1. Vaidyanath, Global Head Technology, Unilever
  2. Manoj Srivastava, CIO, Ease My Trip
  3. Amol Deshpande, Head of Digital, Mahindra Rise

The session was moderated by Ashwani Mishra, Executive Editor, DynamicCIO.com

 Key Takeaways

Vaidyanath, Global Head Technology, Unilever

  • Technology is ubiquitous, skills are necessary, culture is important
  • Every business looks has to look at itself as a tech business now. This is non- negotiable
  • Fail fast and learn fast
  • We have created a cross-functional core team that focuses on Innovation
  • The story of disruption starts well before the need is felt. It is important to “build the needs of the future.”
  • Having a Phygital (Physical + digital) strategy is essential
  • Technology needs to be owned by everyone and led by the leadership team
  • Create an evolving & learning ecosystem

Manoj Srivastava, CIO, Ease My Trip

  • Digital is a necessity
  • Adopt technology with an open mindset. Awareness and training are as essential
  • Innovation is not a single team’s responsibility. It must be owned by everyone
  • Every Innovation implemented needs to be backed by thorough market research

Amol Deshpande, Head of Digital, Mahindra Rise

  • Role of Technology is “Sarva Darshi, Sarva Sparshi” ( Tech is visible everywhere and it can be felt)
  • Every strategic conversation needs to begin with technology
  • Innovation needs to be a part of every activity that one does
  • Encountering problems along the journey of innovation is inevitable. One must move on.
  • There is a need to continuously explore
  • Readiness in responding to a situation is very important
  • Businesses require the right mix of Physical and Digital Processes. Focus on the core and keep technology simple

Listen in to the full conversation …

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