Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans—you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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Business models are being disrupted across industries by savvy new entrants to markets who are leveraging emerging technologies and the latest digital practices. How is your executive team responding to technology-driven turbulence in your industry and in your marketplace?
This Executive Update centers on recent Cutter survey findings pertaining to the domains and industries where blockchain technology will have the most significant impact.
If the right measures are put in place, following the digital trace enables transparency, traceability, and objective insight.
The ease of obtaining, copying, and implementing digital assets means that there is potential for rapid changes in nearly all disruptive business models. This ability to change rapidly is reflected in the enterprise architecture itself, which tends to be relatively simple, modular, and responsive.
To prepare for a recent talk on work-in-process (WIP) limits, I looked into the history of Henry Ford. Ford was one of the most influential pioneers of what we today call “Lean” or “Kanban.” He was the pioneer of almost all of our current industry thinking and was an original thought leader in how modern practitioners put to use Agile software development. What struck me most about Ford was how he exemplified the thinking processes behind the Theory of Constraints (TOC) in most of his actions.
For most insurance companies, now is the time to begin experimenting with AI, learning about what it can do and what will be involved in supporting and maintaining AI-based apps.
Change does not happen overnight. The obvious differences between digital leadership qualities and ways of working and traditional process-oriented cultures can lead to a number of conflicts. Digital leaders have to deal with these conflicts to be successful in their journey, making tradeoffs that are likely to yield the most value. This Advisor highlights some of the key implicit conflicts and possible tradeoffs that digital leadership can consider.
Mutual respect is one of the core attributes an Agile organization needs to develop. It is the foundation to establishing a common vision between management and staff.