Navigating our new reality has changed the game for most organizations; it is becoming clear that there is a growing digital divide between organizations that were already down the path of transformation and others that are struggling to keep pace.
Surviving (let alone thriving) in the new reality requires that businesses transform to deliver the products, services, and experiences at speeds customers expect. To accomplish this, the role of IT and the application of technology in the business must be reimagined to run at market speed. The Market Speed Operating Model is how IT can make this possible. It is agile, flexible and dynamic and adapts to business needs and market demands, delivering capabilities at varying speeds and scale.
This Market Speed Operating model must be portfolio driven—meaning the entire operating model from how people are organized and governed, through to the technology architecture that supports it, must be designed around the specific value streams of the business and the unique speeds, attributes, and characteristics of that value stream.
The future of IT
Companies are rushing to be more agile, more collaborative, and to deliver what today’s customers demand. At the center of this story is IT.
Six areas IT needs to address
The future requires an IT operating model which is flexible, adaptive, and capable to deliver technology at the speed required to deliver capabilities to the business. To create a market speed op model, our research has found that digital leaders embrace five enabling capabilities—what we call the pillars of the Future of IT.