Business Transformation Requires Transformational Leaders

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Agile budgeting in the value streams is about products, rather than projects, forming the value stream portfolio. A product can already exist and generate value or can be an innovative idea that may turn into a component of the value stream portfolio.

The combination of a blockchain data structure and a set of consensus rules allows something magical to happen: stateless, bankless, digital money (aka cryptocurrency). More precisely, what is loosely described as a cryptocurrency is a fungible “token” that is “native” to a blockchain. The major native tokens can be exchanged for the government-backed fiat currencies we are more used to, but smart contracts can create and maintain special-purpose tokens.

This issue of The Cutter Edge discusses the use of an architectural strategy for digital business success, why complementary paths to legacy transformation offer an easy way to acquire new digital capabilities and intellectual capital, and the three roadblocks standing in the way of digital transformation. 

This Executive Update series examines the extent that organizations are using or planning to use CX practices and technologies, the status of implementing CX management, the establishment of dedicated enterprise CX groups, and the reason such groups oversee CX initiatives. Here in Part VIII, we examine survey findings about the use cases and domains organizations see as most viable for applying CX.

Curt Hall predicts an increase in enterprise adoption of AI and, echoing Andriole’s sentiments, emphasizes “calls for new regulations to help guide and ensure the fair use of the technology.” He also anticipates a demand for greater transparency, fairness, and “explainability” in AI applications and products from developers and end-user organizations.

Autonomous systems are on the rise and, according to Cutter Consortium Senior Consultant San Murugesan, will “transform many different sectors in unimaginable ways.” He describes how technologies such as IoT, drones, robotics, ML, AI, and nano, among others, will extend the capabilities of autonomous systems. Current applications of autonomous systems technol­ogy draw attention to the adoption challenges.

Claude Baudoin addresses the issue of trust, or mistrust, in the information we rely on to stay informed or to make decisions. He writes, “This article is not a definitive proposal to achieve the elusive goal of knowing what we can trust, but rather a set of per­spectives and considerations to justify the urgency of addressing this issue.” Some reasons for our untrusting mindsets include “deep fakes,” voting sys­tems breaches, bias in decision algorithms, unknown sources of email, insufficiently secured IoT systems, and robocalls.

To increase the chance for blockchain/distributed ledger technology (DLT) to gain traction and for improved market awareness and adoption of the technology, what should the reference model of the regulatory sandbox dedi­cated for blockchain/DLT technology look like?