In the past decade, digital transformation has been very much about using the technology to optimise the existing business, to raise the outcomes, optimise the processes and reduce the risks. In the new decade accelerated by the pandemic, the new game clearly becomes: how to use technology to reimagine, reinvent, the core business, to unlock new spaces.
To make it happen, CDOs and business leaders need robust tools to picture and to navigate the complex journey. It starts with clear deep holistic views on where they are today, where they should be, what to prioritise next and then. Traditional solutions to scan all key business functions, operations, the culture and strategy are usually bound to immense time consumption, usually cost a fortune while they may involve lots of expensive consultants. Further, they are not always leading to crisp, actionable plans.
By leveraging new ways, that exercise of 360° diagnostics to plan for a true business transformation could surely be improved. To minimise the costs, the time and resources involved, while maximising the qualitative actionable outcomes, for all business leaders and their teams.