Sunday, March 20, 2016

How to Leverage IT in Double Jumps of Business Transformation

IT can weave all necessary business elements, either hard or soft, to lead through an Agile jump and to orchestrate a digital symphony.

In the world where change is significantly speeding up and business leaders couldn’t predict the future with a high degree of accuracy, the strategy can no longer stay static, the forward-looking organizations are working diligently building their organizational capabilities via weaving all important business factors in adapting to the “VUCA” business normality. So how can organizations leverage IT to make double jumps - the digital jump to make the business radical digital and the agile jump to achieve the high-level business agility? From IT management perspective, are CIOs seizing the opportunity to enable the organization to transform into the digital way and carry out its business?

Agile Transformation: There are many organizations apply Agile methodologies and practices to develop software, but very few organizations are being agile - following Agile principles and philosophy to run an agile organization. From doing Agile to being agile is a big jump for business transformation. An agile organization is one that is open to change and can adapt readily when change is needed. The defining characteristic of being agile is that it can adapt readily when change is needed. Agile success can improve the entire business competencies because they can do things quicker and better, and encourage improvement and innovation. IT Agility is about how IT will enable business agility, how fast IT will deliver the required business capabilities effectively and efficiently. The more alignment between business and IT the more level of agility for both will be achieved. The challenge and direction now are to bring agility holistically to the entire business. Being Agile means to solve business problems more effectively and collaboratively, and often IT is a crucial component in managing effective solutions. Corporations that can't manage IT properly will eventually lag behind. the goal in this regard should be focused on business outcomes. For every IT project, which is also a business initiative, they see the potential business impact and make it personal. Agile success can improve the entire business competencies because they can make IT quicker and better. Agile provides greater flexibility and it requires great discipline especially at the team member level, beyond methodology and technology, it is a philosophy and a set of principles to run the business and make a long jump for the organizational maturity.

Digital Transformation: More and more organizations are also at the strategic inflection point of the digital transformation, it is the broader and longer journey with many leaps and jumps (including agile), bumps and curves, perils and pitfalls on the way. It implies the full-scale changes in the way the business is conducted, such as mindset, talent, skills, processes, technologies. Significantly, IT is impacting every business unit and is becoming the driver of business change and transformation. At the age of IT consumerization, businesses need to understand not only the power and the opportunity information could bring in, but also the potential risks they might get exposed to. IT plays an important role in interpreting business issues into technology solutions, also, leverage necessary resources to solve them. And more broadly, IT can weave all necessary business elements, either hard or soft, to orchestrate a digital symphony. A good relationship between Business and IT becomes visible by clearly defining tasks, authorities, and responsibilities. IT is an enabler and catalyzer for the business to reach the era of radical digital. We are living in an information explosive world where technology is pervasive and the masses are looking for their own experiences to introduce new technology into the business, leverage information in decision making. And every forward-thinking organization also declares it’s in the information management business to improve competency and long-term growth.

Either big leap or double jumps, IT is an accelerator for speeding up the business. It’s about using information and technology to enhance agility and productivity, uncover customer insights, predict the business trend, catalyze innovation, create new business models. It is a continuous journey to develop the unique set of enterprise capabilities, integrate them across their organizations and transform businesses to reach the next level of efficiency, effectiveness, and maturity.


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