Accelerating Digital Transformation

Digital transformation is quickly being changed after companies are assessing their business continuity. Research states that there has been an “over-reliance by suppliers on process and technology change. Not enough thought has been given to how people work and behavioral change.” Business leaders should prepare to see a change in their role. Planning for workforce processes is skyrocketing as companies are experiencing sharp shifts due to the remote switch.  

A role to focus on that will be affected with increasing new challenges is the role of Chief Information Officers. CIOs go further than just maintaining the organization’s current IT infrastructure. A study found that 75% of IT executives were involved in the idea and strategy development for business IT systems. It also showed that over 60% of the respondents reported to take leadership roles in governance. This shows that their future role is to lead not only in IT areas but also in business decisions. On the other hand, the other executive board members become more involved in digital transformation which shows the dynamic integration of IT systems.  

Currently, COVID-19 is forcing many businesses to revamp their priorities in different business areas. This has led to an acceleration in digital transformation to either catch up on past due needed business initiatives or new needed adjustments to businesses impacted by the global pandemic. While revamping the system, organizations are required to consider many factors such as health and safety issues, communication, or effectiveness for business continuity. For example, companies may need to assess which communication platform will allow them to have more flexibility to maintain the effective communication. Another example of this protocol is showcased when factories need to automate their machines in order to minimize human touch.  

A CIO is a foundational element for businesses and is important for driving new IT adoptions, retention, and even expansion. The current unprecedented world environment has led business leaders to change their operational priorities to become more digitally centric. Executive Option offers resources from our CIO-as-a-service vertical to lead the technology organization, augment existing talent, and establish a growth and transformation strategy in consideration of your company’s limited resources, time, or overall skillsets. Additionally, bring the talent to understand your company objectives, goals, strategies, and measures while introducing a strategic technology roadmap for you to best align the technology to support your vision. Visit our website to learn more about how we can help your business.