Boards of directors responses to pandemic-related disruption
2. Does modernization mean replacing everything?
One big part of modernization is learning when to let go of old systems and ways of working. Equally important is identifying where legacy processes and architecture represent important business assets, and need to survive the journey intact. ‘Lift and shift’ is the approach enterprises are often urged to adopt, but often falls short compared to a ‘Goldilocks’-like balance that marks a clean break from the past without requiring everything to be rewritten from scratch.
Patterns of cloud migration
4. How is this going to impact my teams – and how do I get them on board?
By far the biggest threat to modernization programs is the failure to plan for people and organizational, as well as technological, change. Efforts to transform can meet with unexpected resistance because they’re perceived by entrenched teams as a threat. Getting reluctant talent on board requires more than just constant communication. Business leaders need to make an active commitment to developing skills as the organization evolves, so everyone has a role, and stake, in the results.
Six Barriers to Scaling Digital Initiatives
5. How do I know I’m succeeding – and when is it okay to stop?
Modernization represents a long-term commitment, and even the best strategies will need to be measured, challenged and reworked as priorities and external conditions shift. Along the way, progress will be evident in many different ways, from lower running costs to greater efficiency, happier customers and higher rates of innovation. The ultimate outcome is the embedding of flexibility and resilience deep within the organization’s DNA, at a time when both traits have never been more necessary.