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.
Recently Published
As has been our tradition for the last several years, we’ve compiled the five most intriguing articles published by Business Technology & Digital Transformation Strategies this year for today’s Advisor. How did we come up with this list? We chose the articles that garnered the most feedback from Cutter Members. Your questions and comments not only make it possible to create lists like this, they help focus Cutter’s Senior Consultants’ research on the areas that are most important to organizations like yours. So please keep your feedback coming.
This Advisor takes a look at the most intriguing articles of 2020 from the Cutter Business Technology Journal.
The authors share part of a research project that seeks to “demystify digital transformation” through findings from interviews with senior leaders at seven firms undergoing digital transformation in a variety of industries. One of their major initial findings is the degree to which senior leaders’ digital mindsets determine the success or failure of these initiatives. The authors highlight the importance of an enterprise-wide view, explaining why a project-by-project approach rarely produces true or lasting digital transformation.
Thomas Gossler writes about how a digital ecosystem platform demands a solid architecture for data and infrastructure on top of which a network of stakeholders can engage in valuable interactions with each other. The journey from a pipeline business model to an ecosystem platform is no small feat, and the author shares the approach he and his colleagues at Siemens Healthineers took and the lessons learned in their seven-year digital transformation
Any digital transformation requires significant changes across many dimensions, ranging from operating models to funding models to platform architecture, among others. In this article, Eric Willeke argues that keeping these changes aligned can be one of the hardest elements of digital transformation, especially when organizations try to sidestep the challenge of evolving their current technology organization to the required level of capability by creating a new, “digital” organization instead. Such attempts fail to address three problem areas that can trip up any digital transformation effort: fragmented value streams, poor decision governance, and inadequate management of the business capability portfolio.
Here in Part II of this Executive Update series, we examine findings pertaining to surveyed organizations’ plans for adopting IPA into the enterprise, the establishment of dedicated enterprise IPA groups, the groups that are taking the lead on IPA, and the reasons such groups oversee enterprise IPA initiatives.
The information-dominant financial services (FS) industry has witnessed fractional, fragmented, and transactional digitization compared to entertainment, transportation, travel, lodging, and retail. The FS industry is heavily regulated, consolidated, and has already-built digital capabilities; while the fintech pure plays have shown efficiency, many are built on the same business models as the traditional FS businesses. Thus, a genuinely disruptive model challenging the prominent incumbents of the FS industry has not yet emerged.
Each year, research organizations publish lists of the top technologies to watch in the new year. Many of these trendy “celebrity” technologies appear on every list we see. But what about the ones that don’t always make the lists but are important to our personal and professional lives? In this Executive Update, we present a list of seven underdogs — technologies to watch closely. Look out — they just might become “wonderdogs” in 2021 and beyond.