Posts

Showing posts with the label #innovation

How can CTOs collaborate with CPOs to help businesses thrive and survive?

How can Chief Technical Officers (CTOs) collaborate with Chief Product Officers (CPOs) to help businesses thrive and survive? In a Forbes article, the author argues that the CPO is expected to determine **what** products are built by acting as an innovator, optimizer or scaler, while the CTO is expected to determine **how** the products are built as an architect, implementer, and maintainer.  The author concludes that the CTO and CPO [must strive together to create a balanced team and a culture of innovation and collaboration that can] create the critical components required to improve outcomes and help businesses thrive and survive in a continuously evolving competitive landscape. However, both the CTO and CPO accept that it will always be **the customer who is the most important person in the room**. Read more on Forbes.com https://lnkd.in/ejzR3RiR #CTO #CPO #CEO #innovation #growth #creativity

How can CFOs encourage innovation by Chief Product Officers (CPOs), Product Managers, and other innovators?

How can CFOs encourage innovation by Chief Product Officers (CPOs), Product Managers, and other innovators? McKinsey observes that CFOs continue to have an innovation problem—or, rather, teams in their organizations think they do.  Research shows that many product managers, business unit leaders, and CEOs view the CFO and the finance team as obstacles, not allies, to the innovation process.  At the same time, innovation is understood to be necessary to drive revenue growth and maintain competitiveness. That perception isn’t the reality, of course—but it’s easy to see why it exists. Here’s an article on some of the actions CFOs can take to be innovation allies and champions: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/how-can-cfos-rebrand-themselves-as-innovation-allies #CFO #CPO #CEO #innovation #growth #creativity