You must take action with imperfect data.”
Today’s leaders overseeing digital transformation and execution must above all manage the resource allocation process across the three areas of digital transformation. Learn from Innosight’s Pontus Siren on how to execute on digitising core processes, external stakeholder interfaces, and creating digital platforms at ADAPT’s Digital Edge.
This also relates to one of ADAPT’s 12 Core Competencies, Enable Innovation and Transformation, which discusses this topic at length.
Gather your bearings
Engage in respectful candour amongst your internal stakeholders to define business outcomes and drive technology solutions. Empathise with your peers whilst communicating your message. You must deeply understand who your customer is, what is the job, and what is the selection criteria.
Internal and external stakeholders
Perform a robust analysis of the gaps in the market, your competitors, and your unique capabilities. This situational analysis will give you a competitive advantage. Spend long periods of time aligning your internal stakeholders with your vision. Use a common language to avoid misalignment when uniting your senior leadership team.
Innovate close to your core, picking one or two processes to put a critical mass of resources again. This action is reserved for businesses at risk of disruption. Rely on technology-based solutions to solve legacy infrastructure, system, and process flaws.
- Act with speed before all the data is in to gain a competitive advantage.
- Moving earlier than your competitors is more important than getting every action right.
- Use a common language to unite your senior leadership team.