Digital transformation is a long journey, and the path for digital transformation can be iterative, evolutionary, revolutionary, or disruptive. Information Technology is often the driving force behind digital transformation as IT continues to grow in importance to organizational growth and as a competitive advantage. IT-driven digital transformation inspires growth mindset, catalyzes innovation, and unleashes organizational potential. It’s a long journey, here are three signs that you perhaps reach the inflection point, or you are at the “end of the beginning” for digital transformation.
Has built crucial IT enabled ability to apply real-time insight: Digital organization is an information abundant and highly intelligent business. IT provides businesses the ability to apply real-time insights across the organization in ways never possible before. With these business insights, organizations acquire the ability to reshape products, services, and customer engagement, with the help of digital technologies. Information Management enables the business capturing the real-time business foreight and customer insight for discovering the new areas which contribute to the business growth, or spotting the opportunities to increase revenues. IT should partner with all the different functions of the business to bring up different perspectives as any business initiatives or reinvention efforts should have clear business goals, to provide business insight, services, and solutions in new ways. The information-driven digital insight is a sort of contextual understanding. Contextual intelligence is a higher-level of digital fluency and maturity.
Has cultivated a culture of learning and change with greater transparency: Transformative change involves a complete end to end change. It often needs to fine-tune the underlying organizational structures, functions, as well as the collective mindset -culture. It often needs to deprogram outdated mindset, overcome “the good enough mindset” or mediocre culture, and reprogram people’s mindset with digital thinking, norms, and attitude, establish a new blueprint about the future of the business. A culture that enables constant improvement is the most valuable change engine you can build. It takes more engagement and retention initiatives, enforce training and development at every level in the organization to involve and engage, emerge and evolve. The newer thoughts, newer information, newer knowledge are all that captivates digital professionals with high curiosity to learn and quickly absorb and adapt to the needs of the changes necessitated with the evolving new thinking and trends.
Digital is the new paradigm shift to deep connect the business nature to the natural ecosystem. When you accomplish the above, you are perhaps ready for stepping into the next phase of digital transformation and accelerating the speed of change and innovation. As the saying goes, "on an adventure, there is no risk." IT can drive the digital transformation but it should be in conjunction with the business. In order to accomplish the impossible, one must be able to re-imagine the future of business and see the invisible, make a seamless digital paradigm shift to reach the next level of organizational maturity.
read more at http://futureofcio.blogspot.com/ by Pearl Zhu