10 Business Transformation Tips to Prepare for the Future
Digital disruption has proven that technology and adaptability determine the success of a firm. The pandemic compelled businesses globally to kick-start their digital initiatives. Currently, most companies that had invested financially in their digital infrastructure yielded positive results. The recent optimistic business transformation has burdened CIOs with some amount of pressure. Companies are expecting CIOs to explore new technologies and innovative methods to optimize business. In her article for CIO, Mary Pratt compiles and shares business transformation strategies that CIOs must follow.
Business Transformation Strategies CIOs Must Know
Get Rid of the Legacy Mindset
Companies are trying hard to incorporate legacy infrastructure with modern tech, but this will not be enough. CIOs should also accommodate technologies that focus on smaller investments and deliver immediate returns.
Facilitate Agile Practices
With agile practices in order, you get a clearer understanding of business resources and how you should allocate them. Agile methods help you deliver products efficiently with better accuracy and less confusion during team discussions and audits.
Introduce Business Transformation Processes That Are Repeatable
Introducing reusable and repeatable tech and processes can help different departments of your firm upscale their workflow.
Train Your IT Team for the Business Transformation
CIOs are responsible for communicating changes and modern tech trends to their team. When you familiarize your staff members with the latest tech development, it increases the chances of their coming up with innovative ideas that can help the firm.
Educate Your Business Unit
If you are the most intelligent person in the room, you are in the wrong room. This is precisely why you should create an environment of mutual learning that will help everyone in your enterprise.
Many companies introduce training sessions to improve the technical knowledge of their staff, but it does not yield good results. One of the main reasons behind its failure is not customizing the training procedure per the company’s goals.
Invest in Core Technologies
One of the main benefits of investing in core technology is that it bolsters the business transformation methods you wish to implement.
Focus on Your Data Architecture
Ensure your data silos are integrated across data portfolios to leverage data for the benefit of other departments as well.
Communicate with Consumers Directly
CIOs should not only focus on the tech intricacies but also communicate with the consumers directly. It helps them get a better outlook on consumer issues.
Integrate Business Transformation Processes in Every Department
As a CIO, it is your responsibility to upgrade the tech infrastructure of every business department. Understand the pace of every business unit and strive to upscale their tech development.
Click on the link to read the original article: https://www.cio.com/article/433376/10-ways-to-accelerate-digital-transformation.html