Organisations are aware that they must reinvent themselves continually to remain relevant to their customers, engage their employees and be profitable – and yet they find it challenging to live with the present pace of change.
Achieving a new equilibrium requires organisations to have the right skills; execute effectively every day; drive the best priorities for change; and refresh and renew their capabilities. Organisations will require adaptable people, processes, technologies and data to position themselves to harness the future.
Here are 5 insights that will help you shape your change strategy.
- Productivity persists as a priority. Recruit, train and retain essential skills and look for partners who are leaders in their sphere to provide the other, less differentiating capabilities.
- Digital debt is not only technical. Continuous reinvention requires the identification of an organisation’s digital debt, and evolution of the processes, technology and data to reduce legacy constraints. This will support the reuse and refactoring of existing capabilities in new ways and the introduction of new capabilities.
- Both operations and the customer matter. Investment in both the customer experience and operational efficiency needs to be balanced keeping in mind organisations’ limited available resources.
- Technology must be adaptive. Establishing isolation zones between components to minimise the impact of changing components is becoming key to the rapid delivery of value.
- Tomorrow’s excellence will be driven by iterative reinvention. Iterative innovation will become easier with the adoption of intelligent automation and adaptive AI/ machine learning. However, not only will this require a debt-free technical environment, it will also need an adaptive and scalable infrastructure.
More insights are below.
Click here to download – The Future of Business: 5 Ways to Shape Your Change Strategy
As the leader of the tech team, CIOs are working through many different strategies and initiatives to drive new digital initiatives and improve existing ones. They are often pulled into new initiatives by business leaders and have to make hard decisions on how to support a business that is increasingly digitalised.
But there are five initiatives that all CIOs should have on their list for 2022 as they will deliver impactful results quickly and will make future investments more manageable and reliable.
In 2022, these 3 technology investments will give you a fast start:
- AIOps. This will be an easy business case to build if you evaluate the benefits
- Hybrid Cloud Management. Even if your business is racing towards the public cloud, you will have some hybrid cloud services.
- Federated Data Management. Because your infrastructure and applications will be hybrid, your data needs to be too.
These strategic initiatives will also be crucial this year:
- Resolve technical debt. Improve architectures and increase agility.
- Improve Talent Recruitment and Employee Retention. Be aware that the “great resignation” is a reality
Click here to download 5 IT Initiatives to Jumpstart Your Digital Business in 2022 as a PDF.