Innovation is the mainstay of sustainable competitive advantage and success in today’s fast-changing world of business. However can creativity in IT alter the conventional balance of 1% Inspiration and 99% Perspiration, to improve the ROI of the innovation?
Frank Modruson, CIO, Accenture
Frank B. Modruson, CIO of Accenture, leads a high-performance global IT organization that directly supports the business goals of a $27.9 billion company. He oversees all business applications and technology infrastructure, enabling more th... More View all posts
Frank B. Modruson, CIO of Accenture, leads a high-performance global IT organization that directly supports the business goals of a $27.9 billion company. He oversees all business applications and technology infrastructure, enabling more than 266,000 employees to serve clients in more than 120 countries and work anytime, anywhere. Frank has transformed IT into a strategic asset for Accenture. Under his leadership, the IT organization has produced an unparalleled ability to run IT as a business, implemented a comprehensive governance model, streamlined the technology infrastructure and much more. Formerly serving as a client partner, he delivered large, complex IT transformation projects and business solutions that maximized ROI. In 2013, 2012, 2010, 2008 and 2007, CIO Magazine selected Accenture as one of 100 innovative organizations that use IT effectively to create business value. InformationWeek recognized Accenture’s IT organization five times (2012, 2010, 2009, 2008 and 2007) and the company was named to the InfoWorld 100 list for four consecutive years (2009, 2008, 2007 and 2006). Frank was elected to the CIO Hall of Fame in 2010, named to InfoWorld’s Top 25 CTOs and Computerworld's Premier 100. Frank is a volunteer firefighter, serves on the Board of Directors for the Lyric Opera of Chicago and is a member of The Economic Club of Chicago. He is also a director on the board of Taleris, a joint venture of GE Aviation and Accenture, which provides intelligent operations services for airlines and cargo carriers. At The Pennsylvania State University, from which he holds a master’s degree in computer science, he helped establish the College of Information Sciences and Technology. Frank also holds a bachelor’s degree in computer science from Dickinson College. He lives with his wife and four children in the Chicago area. Less View all posts
Michael Schrage, Advisor, CIO Magazine Columnist, and Researcher, MIT
A researcher at MIT, senior advisor to MIT's Security Studies Program and visiting professor at Sweden's Royal Institute of Technology, Michael explores the "behavioral economics" of modeling, prototyping and experimentation in shaping inno... More View all posts
A researcher at MIT, senior advisor to MIT's Security Studies Program and visiting professor at Sweden's Royal Institute of Technology, Michael explores the "behavioral economics" of modeling, prototyping and experimentation in shaping innovation investment in the enterprise. His current research interests include exploring emergent ‘perverse incentives' as organizations attempt to transform increased ‘technical capacity' into greater organizational capability. He helps oversee a joint Accenture/Yale Millstein Center research initiative on the role of technology in improving corporate governance. A former director of Ticketmaster, he has advised its parent InterActive Corp., a leading provider of online transaction services worldwide. He's been an advisor/consultant to organizations including Wells Fargo, Microsoft, Google, Fidelity/Devonshire Partners, Accenture, Intel, Siemens, HP, Mars, REI, AMP (Australia), BP, and BT. Michael has presented invited papers on innovation economics for the Chemical Sciences Board of the National Research Council and other professional associations. He performs non-classified work for the National Security Council, DARPA and the Pentagon's Office of Net Assessment on command, control and cyber-conflict management issues and helps supervise a CSIS Study Group researching complex systems design and acquisition for defence. A columnist for CIO magazine on IT implementation challenges and diffusion of innovation management for MIT's Technology Review magazine, he serves on the editorial advisory board of the Sloan Management Review. He has written on national security and business issues for The Washington Post, Financial Times, strategy+business, the Harvard Business Review, Sloan Management Review, Wired and other publications. Michael's book, "Serious Play: How the World's Best Companies Simulate to Innovate," was published by the Harvard Business School Press in 2000. His earlier wrote “Shared Minds: The New Technologies of Collaboration” [Random House 1990] was the first book to explore the intersection of media and methodologies for managing creative collaboration. Both books have been adopted as business school and undergraduate texts in America, Europe, Asia and Latin America. Less View all posts