How to Deliver Sustained Enterprise Innovation
Business will not return to where it was before 2020. A large number of employees will continue to work from home. Organizations are implementing advances in distant working locations and extending business process reconfiguration. They've shifted their attention back to their consumers and workers. They've changed their services and operating models to accommodate the "new normal" as it emerges, pushing IT to the brink of operational technology and social integration with cloud delivery.
COVID-19 spread swiftly after the first 19 illnesses were recorded in December 2019, with foreign visitors bringing the virus to nearly every country within a few months. The human and economic consequences ensued. Uncertain times, fortunately, stimulate innovative answers, thus innovation and new technology are merging to pave the path for a new normal via this disruption.
The future, as always, is unpredictable. Because change is coming at you fast and from all sides, an adaptable strategy is the best way to go. Adaptive strategy focuses on the capacity to tolerate and explore ambiguity and complexity rather than pinpointing a possible future state and navigating toward it.
It's all about picking the proper vehicle for the ride when it comes to innovation delivery.
The final destination of the transformation journey will remain unknown; but it’s easier when you define your own sense of direction (your strategic objectives) and go through the 3 stages needed:
- Developing Trust
- Anticipating Change
- Accelerating Growth
Developing Trust
Trust necessitates security and dependability.
However, in this case, trust extends to the development of innovations as a robust core and foundation for IT to create business value. This foundation must be built on designed, repeatable, trustworthy, proven, and scalable work processes and innovations. Risk must be reduced or controlled in order for IT to deliver. Resilience is essential in both business and technology. Scalable repeatability contributes to the development of a robust business core.
The vehicle of choice is being serviced and tuned. No one likes to start on a journey if they do not have faith in the means of transportation.
Anticipating Change
Change has historically been disruptive and associated with disorder, but businesses may utilize innovation to shape change and bring order to chaos.
Anticipating and auto tuning to the demands of change is the art. Experience aids in the scaling of business drivers. Risk may aid in the adaptation of innovations to sculpture change, but it must be controllable.
As a result, while delivery is being evaluated, change may be created. Alternative vehicles are being investigated for more diverse travels over new vistas.
Accelerating Growth
Recovery and expansion are possible if the trustworthy core business is established.
Growth objectives must be attainable. When risk is managed against business needs, it may be handled in small increments. Technology risk is balanced against the appetite for commercial risk, and short-term goals are achievable. Accelerated growth increases delivery and value once the innovation-led core is scaled. At this stage, risk and agility improve IT delivery toward longer-term goals.
Recovery and rebound propel innovations to new heights, with a basic vehicle and trip that can be tailored to new locations.