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Home » Businesses Must Transform to Succeed, and IT Is Critical to Making That Change

Businesses Must Transform to Succeed, and IT Is Critical to Making That Change

July 27, 2015
BCG

One is a strategy for delivering significant changes, such as digitizing operations, replacing or modernizing systems, and standardizing infrastructure and applications. As part of this strategy, IT leaders must also develop the necessary tactics, multi-year road maps, and plans to deliver the technology to support the business transformation.

The second strategy, which is often overlooked, must ensure that the IT organization itself has the right functional capabilities to drive and sustain the transformation. Organizations that reap material benefits from transformations are those with the right organizational capabilities in place - the right team, organization, processes, tools, and culture - to become truly world class. In a technology-enabled transformation, the maturity of the IT team’s capabilities is especially important.

To get their organizations fit to support a transformation, IT leaders must develop a strategy and design an explicit plan to assess and develop the capabilities they need to make the transformation successful. The plan must consider how well IT management functions and disciplines are embedded and executed across the business and encompass functions such as IT planning, sourcing, delivery, budgeting, and benefits realization.

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    KEYWORDS BCG business model Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics Pharmaceutical/Biotech Quality & Metrics quality assurance Supply Chain Analysis & Consulting Supply Chain Management Supply Chain Management: Business Strategy Alignment Supply Chain Optimization Technology
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