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Link: Three Approaches to Managing Total Digitization – Peter Weill and Stephanie Woerner

January 15, 2014 By brenda michelson

“How are enterprises managing the spread and scope of total digitization? We at MIT CISR have found that enterprises are using one or more of three approaches to managing total digitization: convergence, coordination, or a separate digital innovation stacks approach. Each approach has very different objectives and measures of success.”

…

“Convergence is about reducing cost, reducing risk, and achieving synergies. Coordination is the right choice for enterprises that are trying to achieve a few enterprise-wide goals such as improving customer experience or asset utilization. Finally, the separate digital innovation stacks approach is right for enterprises that believe autonomy helps improve innovation and local customer responsiveness.”

“We believe that managing total digitization is one of the biggest opportunities and challenges facing enterprises — and their CIOs — today.”

Source:  HBR Blogs

via my Diigo

Filed Under: digital, links Tagged With: stream

Link: The Nine Elements of Digital Transformation | MIT Sloan Management Review

January 14, 2014 By brenda michelson

Another perspective, similar findings:

“Companies in all industries and regions are experimenting with — and benefiting from — digital transformation. Whether it is in the way individuals work and collaborate, the way business processes are executed within and across organizational boundaries, or in the way a company understands and serves customers, digital technology provides a wealth of opportunity.”

MIT Center for Digital Business research surfaced 9 elements across three categories:

Transforming Customer Experience

  • Customer Understanding
  • Top-Line Growth
  • Customer Touch Points

Transforming Operational Processes

  • Process Digitization
  • Worker Enablement
  • Performance Management

Transforming Business Models

  • Digitally Modified Businesses
  • New Digital Businesses
  • Digital Globalization

For the details:  The Nine Elements of Digital Transformation | MIT Sloan Management Review.

Filed Under: business-technology, digital, links Tagged With: 2015IT, stream

Link: Control Is for Beginners – Deborah Mills-Scofield – Harvard Business Review

December 22, 2013 By brenda michelson

“When we don’t give our people the space to take calculated risks, learn, apply, and iterate, we are really risking our future.  While there is a risk to improvising and spontaneity, control brings its own insidious dangers. In our push for perfection, we over-engineer. We add so many bells and whistles that it takes a Ph.D. to use the product. Just because we can doesn’t mean we should.  Just because we can practice to perfection doesn’t mean that’s best.”

Source: HBR Blogs
via Diigo

Filed Under: links Tagged With: governance, hbr, stream, talent_management

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Brenda M. Michelson

Brenda Michelson

Technology Architect.

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