8-steps to Digital Transformation
Check Your Progress
Companies must adapt to change , or they ’ ll fail . The Topple rate – leading companies pushed from No . 1 by digital disruptors – has increased 40 % in last 50 years .
To thrive in the digital age consider the following steps :
STEP 1 : GET EXECUTIVE SPONSORSHIP – FROM THE TOP
of leading organizations must commit to
95 % a clear digital strategy to stay ahead , say McKinsey & Company
STEP 5 : PRIORITIZE YOUR APPLICATION PROJECTS What do you work on first ?
Attack projects in this order
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1 |
High in customer frustration / High in value |
1 person to lead that – the CEO
STEP 2 : ALIGN IT AND THE BUSINESS
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CEO |
2 |
High in customer frustration / Low in value |
Work together , not around each other . |
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3 |
Low in customer frustration / High in value |
Business |
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4 |
Low in customer frustration / Low in value |
STEP 3 : THINK 2-SPEED IT
of IT resources go on keeping things running ,
95 % little on innovation
STEP 6 : FAIL FAST , LEARN FAST
Set up cross-functional teams .
Align what the business needs and IT can deliver , in a fail-friendly environment .
2015
Change the balance with bi-modal IT of CIOs already have made the move ,
40 % say Gartner
“ We aim to make mistakes faster than anyone else ” Spotify founder , Daniel Elk
2018 in next 3 years
100 %
Mode 1 = Marathon runner Traditional services , focused on maintaining core systems and stable operations .
Mode 2 = Sprinter Fast , agile digital innovation that differentiates the business .
STEP 4 : LET YOUR SPRINTERS FOCUS ON THE 4 Ps
To speed the way to effective Mode 2 capabilities you need :
STEP 7 : EMBRACE AGILE WORKING
Change is fast and often .
Teams must work in short , iterative cycles creating functionality based on user feedback .
To scale digital innovation requires DevOps practices .
STEP 8 : USE THE RIGHT PLATFORM
The cloud overcomes the constraints of traditional development – to deliver the speed and agility that sprinters need for Mode 2 projects .
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Portfolio Decide which agile initiatives to start first
Go to Step 5
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People Build a team of the best IT and business people
Go to Step 6
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Process Change functionality quickly and often , based on feedback
Go to Step 7
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Platform Look to the cloud for speed and agility
Go to Step 8
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DISCOVER MORE
Discover more about how Oracle can accelerate your digital transformation on Oracle . com / nl and read the full article on bit . ly / 8StepChecklist
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