We’d like to go ahead and save your organization some precious time. Even if you don’t see an urgent need for technology change today and are “doing just fine” meeting your goals with tools in place, you need to plan for when meeting your objectives will get more challenging. Planning will keep you from falling into crisis mode and help identify areas for improving operations.
In our experience, a typical cycle of technology change spans a decade or so. It takes about half of that time to transition an organization, with the first coming to grips with the impending overhaul, another year of getting budgets aligned, and the rest of the time to plan, execute and settle in. After a few years of operations, the cycle repeats itself. Accepting that technology change is imminent shortens the first part of the cycle – preparation and implementation – and lengthens the second part – using the solutions and realizing the benefits they provide.
For more on this topic, download our free guide: Survival of the Nimblest
We are firm believers in strategic roadmaps, holistic planning and a vision for how your organization will leverage technology to achieve evolving business objectives. To get started, audit your software solutions and business processes to identify gaps and areas for improvements. For example, without business intelligence tools in place, are you missing insights and opportunities? Can you gain efficiencies through better reporting or changing your business practices? If your current technology is meeting organizational needs, good for you! Keep in mind that changes occur rapidly, and it is vital to stay abreast of the marketplace.
That brings us to our key questions we recommend you use to identify and prioritize challenges and prepare for the future in a thoughtful way.