Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans—you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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The search for the ideal instantaneous speed to transmit information is well underway; it is already influencing the way we build computers and promises to revolutionize computing speed in both processing and information transmittal. This achievement has been in the making since the beginning of the 21st century: it is called quantum computing and is based on the principles of the most impacting and yet least understood branch of science, quantum mechanics, more broadly referred to as quantum physics.
The guiding Lean principle is a focus on consumer value. This compels everyone to clearly understand how (or if!) their efforts contribute to consumer value. This can be a challenge, since many functions interact only with internal customers or intermediaries, having little or no line of sight to the consumer.
Cutter Consortium has been conducting a survey to gain insight into how organizations are adopting — or planning to adopt — blockchain technology. We are also seeking to identify important issues organizations are encountering or foresee encountering in their blockchain efforts. This Executive Update, Part I in a series, examines initial survey findings pertaining to the general status of blockchain in the enterprise as well as whether enterprises have dedicated groups to lead the blockchain initiative.
Beyond buzzwords, what we are seeing is a seismic shift in the role of technology in organizations. Technology is more and more embedded in everything we do as we move into an increasingly hyper-connected digital world, a world in which technology is driving significant social, organizational, and industry change.
The discipline of business architecture, which sits between strategy and execution, interprets the strategy to identify tangible changes to the business and guide design that will realize the desired future.
Digital transformation leaders and enterprise architects have a choice to make in developing their digital backbone. The digital backbone can be an asset in ensuring that digital transformation efforts are carried out in such a way that they align to the enterprise and its approach to transformation. This Executive Update explores how it is essential to ensure that the methodologies, skills and talent, and technology tool chain and infrastructure are created in such a way that they can be easily consumed and adjusted as the company changes.
The following is a “Tale of Three Companies” in which I had personal experience leading/managing their outsourcing efforts at some level. In this tale, I offer an overview of key areas and some observations concerning those three experiences and then provide a brief conclusion.
It is evident that traditional process- and workflow-oriented leadership styles are not enough to make organizations successful in their digital transformation journey. Digital leaders should have an entrepreneurial mindset, believe in collaboration, and exhibit the qualities of an adventurer. Below are the key differentiating qualities that digital leadership should have to carry out digital transformation and operations successfully.