Enable javascript in your browser for better experience. Need to know to enable it? Go here.
Podcast title Image

The journey to enterprise modernization starts with value

Podcast host Tania Salarvand | Podcast guest Sarah Taraporewalla
March 17, 2021 | 30 min 3 sec

Listen on these platforms

Brief summary

With attention turning to our systems and technology for remote working, funding for modernization projects has surged. Beyond costs, there are important considerations for enterprise modernization for the journey to success. In this podcast episode, Sarah Taraporewalla, Director of Enterprise Modernisation, Platforms and Cloud, Australia discusses what executives should have top of mind as they tackle enterprise modernization projects and how technology leaders can enable these efforts by first and foremost focusing on and communicating value to the organization.


Learn more about this topic in Perspectives: Making enterprise modernization a reality


Highlights


  • Modernization projects were previously on companies' radars, but business buy-in was difficult because systems were adequate. Now, the floodgates have opened and so are the wallets. Companies spent $15 billion extra per week during the pandemic to support remote working. 
  • The expectations from customers, businesses and employees will no longer be the same as it was prior to the pandemic. Businesses are at a competitive disadvantage if they are not using this time to work out new directions for the business to be more resilient and become a modern digital business. 
  • Modernization projects can range from: 1) A system needs a bit of a step change. 2) A big bang approach that replicates the full system in new technologies. 3) A gradual replacement of subsystems. The happy middle ground is complicated to achieve; you end up with an old-new hybrid of a system, but it's the shortest path to value. 
  • To request support or funding for these types of engagements, technology leaders must consider the easiest way to get value to the customer, value back into the business, the costs to develop the projects and the effort to consolidate all assets. 
  • Enterprise modernization projects impact the internal organization workforce. Teams are shifting to be more cross-functional and formed around products and business problems to be more effective. 
  • The modernization journey can cause fatigue. Leaders should continually evolve technical strategy, constantly revisiting the business strategy and constantly looking to see if the landscape that started the journey is still the same. A typical organization will find most valuable a successful enterprise project that is baked in resilience and continuous improvement.



More episodes

Episode name

Published

Data governance: The foundation of data-driven organizations   July 28, 2021 Technology proficiency: the new imperative for business growth   July 15, 2021 ABCD Model for Leadership: Drive   June 30, 2021 ABCD Model for Leadership: Curiosity   June 23, 2021 ABCD Model for Leadership: Belonging   June 16, 2021 ABCD Model for Leadership: Awareness   June 09, 2021 CX: Building a customer engagement framework   May 27, 2021 Data-Driven with Data Mesh   May 13, 2021 Green cloud optimization: Reduce your digital footprint, increase your bottom line   April 21, 2021 Looking Glass report: Tech trends and advice for your enterprise   April 06, 2021 Driving innovation with connected devices   March 09, 2021 Evolving the culture for an agile workforce   March 02, 2021 Moving the needle in technology leadership: Focusing on customer success   February 15, 2021 No-code platforms and the art of the possible   February 03, 2021 Resilience, curiosity and belonging: The drivers of successful change.   January 12, 2021 Building a strong data foundation to power tomorrow’s public healthcare services   December 10, 2020 Tech Concepts Every Exec Should Know   November 19, 2020 Building Business Resilience in the Cloud Era   August 28, 2020 Bridging the Gap: Bringing Technology into the Boardroom   July 08, 2020 Risk Management for Building Robust Organizations   May 22, 2020 Solving the Legacy Dilemma   May 07, 2020 Reimagining Value Delivery with Blockchain   February 14, 2020 Creating a Product Organization Within Your Business   January 17, 2020 The Collaboration Blind Spot   December 13, 2019 Creating an Online to Offline Mindset   November 22, 2019 Small Changes, Big Effects   November 08, 2019 Unlocking the Power of Customer Experience Data   October 25, 2019 Edge: Value-Driven Digital Transformation   October 11, 2019 Digital Fluency: Becoming a Modern Digital Business   September 26, 2019 Building Products with Purpose   September 12, 2019 Learning to Unlearn: Changing the Behaviors That Hold You Back   August 29, 2019 Harnessing Uncertainty to Survive Disruption   August 22, 2019 Digital Transformation: Disrupting the World of Fitness   August 01, 2019 Your Data Science Journey   August 01, 2019 The Future of Artificial Intelligence   July 26, 2019

Don't miss out on the latest episodes; subscribe today