“Let me win. But if I cannot win, let me be brave in the attempt.” – Special Olympics Athlete Oath

Congratulations to Renodis Team Shock and Thaw on their record-breaking fundraising efforts! Close to $10k raised to benefit Special Olympics SD. A big thank you to our client Premier Bankcard for bringing this great cause to our attention. The following documents the brave team and their dedication to raising awareness for The Special Olympics.

Next year – be brave with us 🙂

Learn more at www.plungesd.org

Next week’s edition of The Minneapolis St Paul Business Journal will include a CEO Roundtable spotlight featuring our very own Craig Beason, CEO of Renodis. Craig talks about CEO Roundtable…

CEORoundtable

“Every month, my best meeting is with my roundtable – they challenge me to move my business to the next level.”

CEO Roundtable is a leading peer-sharing organization for leaders of growth-oriented companies. Membership includes CEOs from fast growing Minnesota companies who want to share their ideas, experiences and insights. Candidates are selected carefully from a variety of industries according to key success factors. They are then recommended to the Board for approval. Once approved, members are recommended to a specific group which best fits their business vision, challenges and personal style.

Want to chat with Craig about CEO Roundtable? Connect with Craig.

According to a new study published by market research firm IDC, CIOs who focus on the operational side of IT will find themselves missing the mark — while CIOs engaged in innovation and business-focused strategy will reap the benefits.

Interestingly the study found that only 25 percent of CIOs surveyed saw their role as responsible for innovation, yet 40 percent of the line-of-business executives said they view CIOs as responsible for “innovation and leading their company’s digital transformation.” That’s quite the disconnect.

“CIOs who stay operational will find themselves further marginalized over the next three years,” stated Mike Jennett, Vice President of Research with IDC’s IT Executive Program. “For these executives to stay relevant, they must shift their focus to transformation and innovation and incorporating those innovations into their stable infrastructures.”

Simply “keeping the lights on” will cause the business to look elsewhere for technology leadership and innovation, Jennett added.

best in class

A typical organization spends 78% of it’s time and resources “keeping the lights on” while best-in-class companies only spend 65%. The bottom line – the less time you spend on operational activities, the more you have to focus on strategic activities that drive your business.

“This study is further confirmation that the expectation of today’s CIO is to lead innovation vs. manage a cost center. The sooner this philosophy is adopted the more successful will be the enterprise and their respective IT leadership,” states Myron Braun, VP of Sales at Renodis. “The key is to take actions now to enable a more efficient IT organization later; simply put, managing tactical areas of IT must become yesterday’s priority for today’s innovative CIOs to thrive and add value to their enterprises.”

So how can CIOs move the needle strategically when they still need need to keep the lights on? Here’s one easy way to Solve the CIO Dilemma.