No Digitization without Agility - Why the Agile Mindset and Methods are the basis for a Successful Digital Transformation
For anything to start with, vision plays a major role. Likewise, to continue with the rich venture of digital transformation, the presence of vision for doing so is as mandatory as finances. It is said rightly that, where there is a will, there is a way. This proverb defines the basis for any such rich ventures. According to the Gartner survey, 29% of Chief Information Officers in Germany, Switzerland, and Austria thinks that digital transformation is their key business priority. Critics say that such a low percentage is usually supported by the lack of resources for such ventures in this region. It is therefore seen that they are more reluctant towards designing a business model that pivots on digital transformation rather than leading such efforts.
However, for those organizations that are looking forward to embracing digital transformation in their business models, they need to establish clarity on the vision. Their business model should envision them to embrace such sort of digital transformation which shall enable them to measure their business progress, and where required, make real-time adjustments to improve the end results. For example, given the high implications of data lakes, i.e., a bundle of data streams, they should select relevant business analytics tools that shall give them not only the accurate information but shall also equip them only with that data which is mandatory and relevant. It is thus the responsibility of the senior management to create and ensure the fluency and proper communication of the future digital vision.
Digital transformation is basically analogous to a never-ending journey. Continuous follow-ups and integration models are formulated and revised to reach the end target. In this pursuit, fundamental changes are put forward to achieve transformation. These changes leverage the use of technology for better situation analysis and decision making. But to stop this transformation onto just the technological front is a mistake. Such a transformation venture demand change of leadership, connecting business silos and improving the overall external as well as the internal structure of the organization. The way of doing so with the aid of technology is what defines the digital transformation. In this blog, we will put light on the approach and importance of agile digital transformation and how digital agility techniques can aid in digital transformation.
Relevance of Agile in Digital Transformation
Since there exist cross-platform and comprehensive integration processes to leverage transformation, some counter-disruptive techniques are required. Something is required which is capable of keeping up pace with the prevalent and forthcoming disruptions. Nothing but agile is the only way forward to bring up digital transformation. Based on its iterative approach towards project management, agile has the right credentials to put forward any sought digital transformation ventures.
It is a quite well-known fact that whenever transformations are sought, many challenges come unasked. Especially in the case when sought transformation roams around digitalization, a lot of challenges are expected to be confronted. So, with the adoption of agile methodologies, one can constantly get the chance to continuously work within the regular cycles of changes. Furthermore, the constant adaption model allows organizations to perceive the fruits of successful digital transformation. It is indeed quite certain that the adoption of an agile mindset is not the key to thrive through a digital transformation, but also leverages organizations to survive through digital transformation. Digital agility approaches not just smoothen digital transformation but also enables to handle other crisis management.
PRINCIPLES OF AGILE DIGITAL TRANSFORMATION
Given the gravity of the digital transformation, there is no doubt in establishing the efficacy of the agility for such ventures. The agile digital transformation drives successful digital transformation based on the five principles which promise continuous innovation. Such transformations require radical changes in business models and let organizations to measure capabilities through the spectrum of available resources and the required changes over time. By complying with these five principles, organizations can undergo digital transformation by launching the initiatives, learning those initiatives, analyzing these initiatives, identify the loopholes, and re-launching of these initiatives with respect to identified loopholes. These comprehensive initiatives let organizations to swiftly react to the altering market conditions and meet customer needs.
Following is the detailed explanation of five principles of Agile Digital transformation:
In the times when large repositories of data exist, also known as data lakes, organizations cannot operate in the ways they used to operate in the past. Today, data analytics are an essential part of any business. From big companies such as Google, Amazon, Oracle to new startups, data is what defines them and provides them with the key to success. In an entrepreneur language, it is never too early for the companies to set up a data lake. The reason lies in its attribute of holding the future defining capabilities for any digitally transforming company. Nowadays, data is not just we used to transfer via flash drives or SSDs. Now, these binary sets of information define the organization’s future.
With such a swarm of data, it is not easy for the companies to enter into comprehensive ventures like digital transformation. However, owing to the multidimensional and cross-platform integration and collaborative attributes of agile methodologies, it is now quite comprehendible for the companies to adopt digital transformation. However, the success depends on the clarity pertaining to agility and its degree of relevance to a particular business model where digital transformation is sought. Nevertheless, the five principles of Agile Digital Transformation are the keys to any business model to transform their business digitally. From the basic organizational changes to the technology procurement to real-time customer engagement platforms, it has everything that a company would need to get transformed digitally. Indeed, it can very well be concluded that; No Digitization without Agility.
- https://www.oreilly.com/library/view/data-based-decision making/9781631576591/text/06_Chapter_6.xhtml