One of the key questions organisations should ask themselves is whether their current environment allows them to 'fail safe', says Steve Griffin, New Zealand country manager for Unisys.
"We should take the heat out of failure," he says. "Without failure, there is no innovation."
The key, he says, is for organisations to have a culture that encourages people to learn quick and fail safe without compromising mission critical systems.
Failing is only failure if you fail to learn, says Griffin, who spoke at the CIO100 events in Auckland and Wellington. "Let's use 'learn' in place of fail."
He says when organisations try something that did not work out, they are actually on the way to a breakthrough.
The bottom line is there is no innovation without failure, says Griffin.
The next CIO role
"The future is not what it used to be; the world is changing fast," says Griffin.
He turns to the view of theemergingfuture.com that: "Big will not beat small anymore. It will be the fast beating the slow!"
The change management consultancy predicts in five years the world will be 32 times more technologically advanced than before, and in 10 years it will be 1000 times more technologically advanced.
"We need to look at innovation in the context of the rate of change," he says.
Organisations, however, may not be prepared to operate in this fast paced environment.
Some questions they need to ask include: "What does this mean for our business and our organisations? What does this mean for IT leaders going forward? What is our competition doing in an environment which is 1000 times more technologically advanced than we are today? What will the citizens be demanding if they are 1000 times more technologically advanced than today?"
He believes the next role of the CIO is "to establish an environment that enables the organisation to capitalise on the rate of technology change".
To this, he espouses a bimodal environment. One will be around critical applications, critical infrastructure, and the other side will be web interfaces where organisations have to be a lot more agile.
"There will still be the pursuit of perfection, zero risk and majority of us will have to be in an environment where we have to be quick and fail safe," he states.
"We are not advocating recklessness, we build mission critical systems and we understand criticality, reliability and security," he states.
"As you go through the innovation continuum, you need to be able to operate on the right hand side, on the quick fail safe, without impacting mission critical systems on the left."
Sign up for CIO Asia eNewsletters.