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Key Issues For Enterprise IT Spend Decisions In 2020
On February 6, 2020 In Thought Leadership
When considering your company’s IT spend decisions for 2020, it’s helpful to know what your peers and competitors expect for IT spend this year. What are their top investment priorities? Their biggest challenges? Is their focus different for 2020 than it was in 2019? How will their plans change if the economy strengthens or
Companies Waste Or Overpay Service Vendors At Least 10%
On January 21, 2020 In Thought Leadership
Organizations buy services from a wide variety of service providers — ranging from managed services for IT applications and infrastructure, contingent labor to supplement gaps in skills and availability, cloud services, business process services, and more. We at Everest Group looked at the administration of these contractual relationships and discovered that most organizations leave
How To Get Innovation From Service Providers and Vendors
On January 14, 2020 In Thought Leadership
Companies today hold all business functions to a mandate for innovation. Innovation should create business value (a better experience for employees, customers, and partners). It should create agility and speed. It should make business functions more easily adaptable, easier to change. And it should also lower the cost of the functions over time. The
Key To Designing An Effective Digital Platform
On January 10, 2020 In Thought Leadership
Companies undertaking digital transformation seek to improve customer, employee and partner experiences. They build digital platforms to deliver the desired experience. My observation from working with many companies undergoing this endeavor is they often overlook the key factor necessary building an effective digital platform. Read more in my blog on Forbes
Data Analytics and Data Management Market
On November 26, 2019 In Thought Leadership
Companies’ investments in digital platforms are becoming pervasive, thus moving businesses into a new era. They first moved from a functional orientation to a process orientation and are now fundamentally shifting to a platform orientation. Digital platforms are already changing companies, whether they recognize it or not. The implications of platform thinking are very deep.
Huge Digital Talent Deficit Constrains IT Modernization and Digital Transformation
On November 22, 2019 In Thought Leadership
The IT modernization movement is moving beyond the initial euphoria around the potential of digital technologies. Companies taking steps to modernize their IT are recognizing that it’s a very substantial endeavor and will take years to accomplish. In committing to the long haul of the modernization journey, several situations are becoming apparent, causing companies
Change Management Programs Often Ineffective In Digital Transformation
On November 13, 2019 In Featured
Businesses have conducted change management programs for 20-30 years. Even so, change management programs are systematically ineffective in delivering results. Unfortunately, the ineffectiveness is much worse today. That’s because companies are engaged in digital transformation, where the degree of change is much greater than in the past. What causes the ineffectiveness, and what is
Understanding Infosys Whistleblower Impacts On Customers, Shareholders And Employees
On November 1, 2019 In Thought Leadership
The Infosys board of directors recently received a whistleblower’s letter making a set of claims. The substantive claim is that Infosys may be inappropriately recognizing revenue in some of its large deals. The whistleblower’s accusation is causing a fair amount of excitement in the press. I want to put this situation in context and
Innovation And Agility: How To Resolve Why Companies Are Not Getting What They Need
On October 28, 2019 In Thought Leadership
It’s getting harder and harder to do business with third parties because of complications arising from security, data privacy, GDPR, and other regulations. The complications are running headlong into the need to be agile and operate at high velocity. To do that, companies need to be able to move quickly and make things simple.
How To Ensure Your Organization’s Decisions Have Broad Acceptance And Change Will Be Supported
On October 22, 2019 In Thought Leadership
The story we tell ourselves as executives is that we make decisions based on facts, on data. We want our organizations to be data-driven organizations with decisions based on “institutional conviction.” In reality, making well-informed decisions and getting others to support those decisions is a factor of how deep and well supported the convictions