Are you a CIO, CTO, or an IT executive struggling with how to handle your next digital transformation? Or maybe you're already in the heat of the action fearing you're not gonna get the benefits expected by your business lines including terrific customer value, premium customer experience, shortest time-to-value, continuous innovation...
The pieces of advice below will definitely make your digital transformation successful and save your career or why not boost it:
Our digital transformation training platform, The ITaaS Academy™ (...), has helped CIOs clarify the ambiguities surrounding digital transformation. "Is it to improve IT or to boost business value?" is the question that's frequently asked.
When I look at the digital transformation business, I see these 3 widespread obstacles that are misleading IT leaders and taking them straight into the wall:
1). Digital disruptions impacts on businesses are either misunderstood or ignored:
Most IT professionals including vendors, consultants, and even IT executives understand digital disruption as the operational changes within the company resulting from the adoption of the recent IT innovations e.g., Cloud, Big Data, DevOps, Internet of Things (IoT), Machine Learning, and more like it. That perspective narrows digital disruption to a technology matter, it's wrong!
In reality, digital disruption is a competitive phenomenon whereby cheap access to digital technologies enabled by cloud service providers (e.g., Amazon Web Services, Microsoft Azure, and Rackspace) changes the competitive game. What's happening is, the proliferation of inventive tech startups eating up market shares and the propagation of innovative digital services cannibalizing traditional products are forcing all businesses including established brands to change their business model.
As you can imagine, the primary concern of your business lines isn't only the amount of money saved with cloud storage vs traditional storage or how well microservices speed up things. It's also and more importantly about, how to transform their money-making people and skills, processes and practices, and of course tools and infrastructure in a way that allows them to keep up and survive the pace of the highly competitive digital business.
My first advice to you is, tackle digital disruption from the competitive perspective, it'll give you a wider picture of the impacts, challenges, and transformation actions to take.
2). The weird trend to prefer incremental optimization over business transformation. It'll cost CIOs their job:
Most IT executives in a sense bury their head in the sand and refuse to face the digital disruption's reality. They leverage cloud infrastructure as a service (IaaS) to cut IT costs and speed up IT operations and present these IT improvements as business benefits. They wrap up existing processes (old way of doing business) with the recent IT innovations and sell it to their business lines as digital transformation. They migrate existing applications to mobile and call it innovation.
Several voices have been alerting business leaders about the strong correlation between digital disruption and business transformation. Drawing on Ford Motor Co.'s case who recently and abruptly replaced CEO Mark Fields for insufficient organizational transformation, Wall Street Journal's Christopher Mims in his "Wall Street to CEOs: Disrupt Your Industry, Or Else," delivers the most relevant and accurate snapshot ever about what business leaders should concretely know about digital transformation.
He alerts about the actual challenges, "Investors and boards long obsessed with quarterly profits are now hunting for leaders to make big, fast bets to fend off upstarts shooting for the moon," and warns business leaders, "It isn’t as if all these industries will see massive CEO turnover, but it does mean established companies need to consider drastic measures. They must be willing to tell their stakeholders they may have to lose money and cannibalize existing products and services, while scaling up new technologies and methods,". He adds, "Other CEOs are being dismissed as their businesses post losses in the face of tech-heavy competition," and concludes "Ten years ago, innovation was based on features and functions. Now it’s about your business model and transforming your industry."
My second advice is, instead of wasting time and money tinkering old processes with innovative technologies to make them fit the digital business reality, transform your business model in way that makes your company agile, flexible, innovative, and more importantly, market responsive.
3). The inability of vendors and consultants to translate market and competitive challenges into agile and responsive value streams:
Most IT service providers and even certain CIOs either misunderstand or ignore the essential business asset of value stream, this deprives business lines of the capability they need to meet all their digital business challenge.
Let me this straight, the value stream is the most strategic, the most important piece of your organization; it's the foundation of all the competitive advantages -- terrific customer value, premium customer experience, shortest time-to-value, continuous innovation -- your company needs to succeed in the flourishing digital business.
The value stream represents the specific set of interactions, people and skills, processes and practices, tools and infrastructure within an organization that systematically and continuously generate value.
Optimizing a value stream is a know-how that's been lost over time, that gap creates a severe disconnect between IT departments and the business lines they support. It prevents businesses from properly transforming their business model.
The third observation is, transforming the business means changing your IT infrastructure as well as your company's value streams including the organizational structure, people and skills, processes and practices, and the values. You must understand that both are intertwined and, to be successful, both must evolve to make your business digitally competitive.
Your next question might be "Isn't that hard? Isn't it risky?"
I Have Good News!
I just put together a webinar that demonstrates step-by-step how you can leverage DevOps to take your company digital in a record time.
Here is what you'll discover:
1). How to convert your business line expectations into a comprehensive digital strategy and then into a complete digital transformation action plan.
2). How to mobilize your internal teams and external vendors and consultants around DevOps to transform -- design, implement and test -- not only your IT infrastructure but also your value stream.
3). How to deliver executive leadership to keep transformation on track and aligned with the core digital business objectives.
This webinar is not a general purpose one on digital transformation and DevOps, it's a two-day executive training that has helped several CIOs clarify the many ambiguities, hypes, and confusions surrounding digital transformation and make their business digital champions. It has the power and the potential to do the same for you.
YOU CAN KNOW MORE AND REGISTER HERE: https://goo.gl/hiEh2f
Digital business is a new world and I can give you the vision, knowledge, skills, and tools that will make you pivotal your organization's digital transformation, growth, and wealth.
They Added this ITaaS Academy™ Webinar to their Training Requests and Ended Up Boosting Their Company's Digital Business.
PLEASE READ CAREFULLY THE WEBINAR DESCRIPTION, HERE IS THE LINK AGAIN: https://goo.gl/hiEh2f