CIO’s usually lead or participate in the digital transformation exercise in any organization. Their objective is to consult, guide and work with the CEO on when, how to leverage the transformation lifecycle. However, the transformation implies that the business and operating model is going to either change to align with a redefined digital business strategy. Although digital transformation as a concept is not new, yet many IT organizations continue to struggle with the impact, based on these changes. Even Gartner estimates that digital transformation is expected to rise from 22 percent to 46 percent by 2020.
Therefore, if you are a CIO who understands the importance of digital transformation and wishes to learn how to go about driving and managing this initiative, our article will prove to be a good read.
Every business is it a small enterprise or a large organization has to realize the role of IT in digital transformation. It helps to attain success not only in the present but for the future as well It could be across targeting new markets to address the growing customer needs and leverage the technology to automate their operations. Further, it will include change management exercise that will affect departments, and teams differently. It will depend on whether they believe in the mission and focus on personal benefits. So this is where the role of CIO in digital transformation becomes critical. Listed below are some of the recommendations for CIOs on considerations as part of their transformation journey.
Digital transformation requires a long-term commitment, which also presents multiple complex challenges for CIOs and their boards within any enterprise. Even, as markets and customers continue to evolve, the organizations might reach a point where their established operational processes and applied business models will have to change to serve the customer expectations.
Therefore, being committed to a digital transformation would mean investing in initiatives with low ROI for the short term that will pay off substantially in the future. It is difficult for growing organizations to relate to this type of investments. So, the CIOs have a critical role to fill this gap. It involves getting the organizational support for innovation experiments, selecting the right areas of the business to focus on, prioritizing optimal problems to research, identifying a team of people and partners, and piloting appropriate technologies.