Digital Capability Acquisition
For many organisations, their people and tools are an excellent fit for that particular operational business. They enjoy folk with years of experience running the business, and if they are lucky, even in making small changes. Similarly they have adopted world-class operational tools to support them. But few organisations have the luxury of in-house transformation capabilities and transformation tools.
Running the business and making small changes is one thing, but transformation is a different beast; and given that most transformations painfully fail to deliver their planned ROI and value, it is smart for transformation executives to ensure they acquire the right people and tools to optimise transformation success. But many only learn the value of this after making compromised attempts at transformation, often to minimise costs. Sadly, the outcome is often considerably more expensive and painful for the organisation and its stakeholders
Let's not forget that successful digital transformation is made up of the components shown below, which illustrates that transformation executives need far more than technical capabilities to undertake transformation. Even by taking a look inside the bottom tier in the diagram (Business Transformation Management) you will find nine management disciplines, of which only one is ‘technical'.
Click on these links to learn more about the Digital Capability Framework and the Business Transformation Management Methodology.
Learn how McKinsey suggests you acquire the capabilities you need to go digital.
Listen to Rob Llewellyn talk about the transformational CIO