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Scaled Agile Framework (SAFe) explained The Scaled Agile Framework encompasses a set of principles, processes, and best practices that helps larger organizations adopt agile methodologies , such as Lean, Kanban, and Scrum , to deliver high-quality products and services faster.
The reason for the high interest is due to the insights that these technologies can generate, giving banks the ability to make better-informed business decisions and serve customers in a more personalized fashion, said Jost Hopperman and Martha Bennett, principal analysts at Forrester. 5G aids customer service.
Digital transformation strategy To succeed with digital transformation, organizations must identify what processes they need to transform, create a vision for their end state, and determine what technologies will support that objective. They’re sitting within the company bubble and not looking outside,” she adds.
As the matter of fact, the life cycle of business today grows shorter and shorter because of increasing pace of changes, overwhelming growth of information, and demanding of shareholders. The businesstransformation journey is full of velocity and uncertainty, thus, a clear vision is in demand. Encyclopedia).
Modern corporate boards play significant roles in guiding businesses toward the right direction and achieve expected business results. They also set the tone for digital leadership and businesstransformation. Here is the monthly “Digital Boardroom” summary of the digital board’s innovation inquiries.
Each of these same capabilities may be combined in different fashions to yield multiple competencies. The well-managed IT talent portfolio is to ensure the business has the talent to run and grow the business and put the right people with the right capabilities in the right positions for driving the businesstransformation.
At a contemporary business, technology is an enabler for businesstransformation, process optimization, and talent empowerment. Due to the “VUCA” characteristics of digital new normal, IT is in the middle of a sea change, Modern technology proves human’s progress. CIOs must set guidelines to run digital organizations.
It is important to have IT resources (people and operational IT processes) aligned with the business strategies/objectives for doing the right things; refined to the point that they are nimble, can adapt to changing business demands in a timely fashion, can be reapplied to altering business priorities and be effective with little down curve.
The main problem is that the business executive still limits their vision of IT as “IT supports a strategy.” As a matter of fact, digital technology is often the disruptive force for businesstransformation. IT is not just to support strategy, IT strategy is an integral part of business strategy.
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