Half of CIOs Dispute Hamel
|
One of the reasons Gary Hamel argues so strenuously for the management innovation is his belief that it is the chief source of long-lasting competitive advantage. Do CIOs agree? |
Hamel writes in his book The Future of Management:
Why should you and your colleagues take on the challenge of reinventing management? Because, to put it bluntly, management innovation pays. When compared to other sorts of innovation, it has an unmatched power to create dramatic and enduring shifts in competitive advantage.
But is management innovation even more important than technology innovation? We put this question to the IT executives participating in our forthcoming study on business intelligence. It turns out that CIOs are split on this question.
Which of the below do you think has a greater impact on a company's ability to compete?
Innovative new technologies 49%
Innovative new ways of managing organizations 51%
N=133
CIOs are paid, in part, to bring innovative technologies to their organizations; their enthusiam for technological innovation is appropriate. But if Hamel is right about the primacy of management innovation in creating long-lasting advantage -- and I think he is -- many are missing the bigger picture. It looks like Hamel is justified in saying, as he does in his critique of CIOs,
CIOs need an enhanced and enlarged view of their responsibility. Their biggest hurdle is to think differently about management and admit that traditional roles and prerogatives must change.
For more on this important topic, see our editorial by Eric Chabrow.
Comments (1)
You need both, management innovation can lead to technology innovation, so also is technology innovation capable of enabling/facilitating managemement innovation vice versa. The key element of technology innovation is the people, process and infrastructure that will enable the effective execution of the technology/management innovation.
Posted by solomon baba | September 21, 2007 6:32 AM