Even if you organization is successful, doing the right thing too long blindly can cause you to miss a market shift. Think once successful organizations such as Blockbuster or Blackberry vs Netflix & Apple. To be successful an organization needs to "jump the market" by transforming digitally.
Digital transformation was already a very active topic for many organizations however, many looked at it as a technical change only. In short, not enough thought has been given to how people work and its associated behavioral change. Work is no longer a place nor location, it is purely a thing that one does and the digital workplace is key. This has far reaching impact not only for workers but also business leaders should prepare to see a change in not only the organization but also their role.
Business Process and Workforce Process Reengineering are key items to also consider as organizations transform and are experiencing sharp shifts due to the accelerated switch to remote work we have seen. This is creating new & increased challenges for the Chief Information Officer (CIO) as they must go further than just maintaining the organization’s current IT solutions & services. A study found that 75% of IT executives were involved in the development for business strategies & IT systems to support them. It also showed that over 60% of the respondents reported having taken leadership roles in governance. This shows that the CIOs future is to lead not only in IT areas but also be a key decision maker in the business itself. At the same time, as the adoption of new technologies to drive the digital transformation accelerates, other executive board members become more involved in digital transformation showing the dynamic integration of IT systems.
COVID-19 has and continues forcing many businesses to revamp their priorities in different business areas. This has led to an acceleration in digital transformation to either catch up on past due needed business initiatives or newly needed adjustments to businesses impacted by the global pandemic.
While revamping the system, organizations are required to consider many factors such as health and safety issues, communication, and effectiveness of business continuity. Another example of this protocol is showcased when factories need to automate their machines in order to minimize human touch.
BwB Advisors offers the expertise to establish a transformation strategy considering a company’s limited resources, time, or overall skillsets. Additionally, bringing the talent to understand your company's objectives, goals & strategies while introducing a strategic technology roadmap for you to best align the technology to support your vision.
BwB Advisors wants to give you a better understanding of Digital Transformation, equip you with expert knowledge & tools and help your organizational grow smoothly and efficiently. To learn more about our services please click here.
July 2021 / Insights / By: Mike DelPrado
