| |July 201719CIOReviewReframe Your Core Mindset Beliefs to Meet Digital-Era DemandsBy Graham Waller, Research Vice President, Gartner CXO INSIGHTSt's 2020. A CIO walks into a meeting and announces the company is going out of business. What happened?Now, imagine if the CIO had asked what could go wrong in 2016, instead of what went wrong in 2020.Mindsets that are not in tune with the changing market realities can derail even high digital acuity leaders.Your mind may be wired with deeply entrenched beliefs, but they are just in your mind. And you can change your mind. All leaders should regularly challenge and invite challenge from others to evolve their mindset assumptions, beliefs and paradigms to ensure they remain matched to their particular marketplace reality.Challenge your existing mindset with pre-mortemsThe CIO from the above scenario could have helped his executive team avoid problems by maintaining a healthy paranoia and running pre-mortems. During these sessions, the team would have looked at what might affect the company, and what needs to shift in the current mindset in the face of digital disruption. If the company was going out of business in a few years, what could have made the company successful?Imagine scenarios where well-funded digital companies enter the market or specific trends become digital business must-haves and the best way to respond. During this process, apply the same concept specifically to the IT organization I
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