Submitted By Tanmoy Mondal IIFT MBA (IB) 2012-14 The future lies on Business transformation &...
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Transcript of Submitted By Tanmoy Mondal IIFT MBA (IB) 2012-14 The future lies on Business transformation &...
Submitted ByTanmoy Mondal
IIFTMBA (IB) 2012-14
The future lies on Business transformation & Employee-Organizational Alignment
Role of Engagement:Employee-Organizational alignment
Leadership
Customer Experience
Organizational Performance
Organization Framework
The IT organizations need a radical transformation to face future challenges and guide the enterprise towards greater competitive success.
To identify opportunities for exploiting new technologies to create and pursue new business opportunities
To evaluate these technologies and the resulting opportunities to determine their value to, and impact on, existing and potential business
To embrace innovative mechanisms to access and utilize the best possible resources (whether in-house or outside)
To adapt itself to changes in the environment on an ongoing basis
Future Strategy to gain competitive edge
Important stakeholders in an Organization Good Organizational Performance
• Leadership i.e. Management• Employees
Employee engagement ispowerfully linked to a range of business success factors
The challenge for businesses is to create organizations where employees are aligned and engaged to a clearly articulated strategy
Transformation of Business Organization
Structure
Leadership
Skills
Processes
Culture Risk Averse
Why Why not?
Risk taking
Technical Business
Operational Transformational
Rigid/Hierarchical Flexible
Mapping the transformation into future IT organization Traditional Transformational
As the digital-physical boundary is getting blurred, so it is important to define the eco-system of an IT organization and its interaction with those. In this process it is needed to identify the stakeholders within the organization that are driving these linkages and interactions between the eco-system's various entities & the organization's business functionalities.
Co-relation between retention rate and an organization's performance in customer satisfaction, productivity and profitability is more than 35% in value terms between a low attrition company and above average retention company. (Vishal Gupta; Shweta Shrivastava, 2007)
Organization transformation helps to increase profitability, productivity,customer satisfaction and innovation
Organization transformation helps to re-align the internal
system, but also it is needed to look after the external system
i.e. eco-system
IT & Business Ecosystem
External Customers
Partners, Alliances
Suppliers
BusinessOrganization
IS/IT organization
IT infrastructure
Provider
IT Service Provider
Mapping the IT & Business Ecosystem
Instead of reacting to existing business needs, the focus of the new IT organization needs to be on creating competitive advantage for the enterprise via innovative applications of emerging technologies. So the technology adaption remains a major enabler and the management & employees, both need a collaborative approach to fulfill this adaption.
Management Obj. Employee Obj.Closing the gap between needs of business and the ability to deliver
Converting the technology drivers into business drivers
Focus on Strategic value of IT products & solutions
Focus on IT-enabled competitive capability
Trend Drivers
Business Trends
IT Trends
Present Offerings
Gap Offerings
Challenge remains to identify the gap in terms of technology for product /solution development or enhancement
Technologies as future viable business solutions
12
34
5
So, there is a need in change of present organization structure to create a delicate balance to fit the business need into technical vision.
Time
Stage Description Mgmt. Emp.1 Technology emerges: Begin to track potential customer-focused business solutions. Educate
the organization & customers.
2 Technology begins to mature: Monitor value & trigger points for customers as innovative business solutions emerge.
3 Early business & customer adoption begins: Decide whether this wave can differentiate the business and offer new solutions to customers. Pilot technology with customers and collect feedback.
4 Business Solutions begin to mature: Drive customer adoption & identify logical extensions of technology based on customer needs
5 Business Solutions mature: Keep space with the pack but identify new products and customer needs via continuous feedback
Cust
omer
& b
usin
ess
solu
tion
mat
urity
Tech
nolo
gy M
atur
ity
Adoption waves for business & customer technology
It is difficult to determine when the customer will adopt the innovative solution. So it is easier to look for benefits rather than technology. Because innovative solutions take time to convert into viable business solutions.
So, it is clear that for incubation and post innovation period, there is a need of continuous interaction between management and employees. So for future business opportunities both management & employee collaboration is essential.
Minor ResponsibilityMajor Responsibility
“Change before you have to”…………..
CIO
Businessliasions IT operations
Strategy & Project office
Application development &
maintenance
Architecture & Security
Organized by technology & asset type
All assets are managed regardless of technical maturity
Traditional IT Organization
CIO
Architecture,security & strategy
Innovation
Business liaisons
Core value applications
Business liaisons
Mature applications
Business liaisons
Infrastructure operations
Organized by technology life cycle & business needs
Assets managed as a portfolio and based on maturity
Future IT Organization
Shift from product innovation to
strategy innovation
Future lies in the hands of both, Management for making collaborative customer centric strategy and supported by employee’s innovative & focused technology solutions
Management’s Vision• Business of Applications• Beyond cloud• Harnessing Hyper-scale
• From workforce to crowd-source
• Seamless collaboration
Employee collaboration• Design for Analytics• Data velocity• Active defense
• Digital-physical blur, redefining the boundary
• Architecting Resilience
Source: AT Kearney, Accenture, Infosys Business consulting