How to create a results-driven organization, designed for growth by fostering technology innovation? Organizations experience challenges with implementing and managing technology in the context of cyber risks, changing regulatory landscape, and resource and budget constraints.
Business
Organizations need to build a truly adaptive and high-performance digital organization. Enhancing business models is a prerequisite for digital growth. In addition, many organizations are re-evaluating their business partnerships and are strengthening and expanding their business ecosystems. What’s fascinating, is the dynamics – any next move of competition will potentially require a strategy overhaul. Furthermore, it is essential to track legislation and geopolitical developments, as well as closely monitor public opinion on topics such as environment and inclusivity.
Technology
To power the business, technology innovation needs a boost. Many organizations are too dependent on their incumbents, have limited innovation resources, face technical debt, and are not cyber-resilient. Similar to the business, also technology ecosystems need to expand and mature, as well as internal innovation capabilities, that need to be ramped up. Digital growth can only be achieved through technological innovation.