Digital transformation is on the agenda, there are plenty of ideas, and top management support is in place in many organizations. So, what is the next step? It’s time to prioritize the final implementation of innovative projects. This is some of the experiences voiced by leading CIOs in interviews relating to the NNIT Expectation Barometer
Digital transformation is basically an umbrella concept for changing your business, or parts of it, by rethinking existing technological skills. It is the sum of the company's processes, tools and experiences, put together in a new way. This, for example, could be entering new markets, developing innovative digital solutions or building new partnerships.
While digital transformation includes all the technological ideas that can develop your business, innovation is the place where you take action; the place where you become specific and put things into practice.
Support and bright ideasWhen digital transformation succeeds, you can be sure that one factor is always there - top management support. Even though digital transformation is often driven by a CIO or CTO, it is crucial that top management allocates the necessary resources, and understands that digital transformation is a business necessity if the company is to remain relevant in the long run.
Several leading CIOs have been interviewed in relation to NNIT's newly launched Expectation Barometer and the tendency shows that Danish organizations generally understand the necessity of digital innovation, and that top management actively back this up. The interviews also indicate that there are a lot of promising ideas at play within organizations.
– It is very positive that so many companies have a digital transformation agenda supported by top management," emphasizes Brian Troelsen, Business Development Director of NNIT.
DID YOU KNOW… ? - that employees are generally very positive about innovation projects and want to get to grips with new technological tools, but do not always get the necessary training and support?
The next step: Strengthen implementationHowever, there are also challenges to be aware of. Many companies find that they have underestimated the time and resources necessary to ensure solid implementation into the organization.
– It is important to note that this is not usually because of reluctance to change among employees. In fact, the CIO interviews show that employees are generally very positive about new technological opportunities and want to be involved. But unfortunately, they do not always get the necessary information and help to use the new tools or processes, and in fact this can put the organization at risk of losing ground, "explains Brian Troelsen.
He points to four competencies that should always be prioritized for a business to succeed in digital transformation:
Create an innovative ecosystemThis is why Brian Troelsen's recommends that companies maintain a strong focus on collaboration at management level, while simultaneously upscaling time and resources for the implementation phase.
He also recommends that the company critically addresses its own digital innovation ecosystem:– Perhaps you should consider outsourcing certain innovation projects by bringing in skilled IT startups or proven external IT consultants. These people often possess a frontline knowledge and agility that makes it easier for them to act quickly and creatively without being hampered by ingrown processes and corporate paradigms, he says.
Brien Troelsen points out that several of NNIT's barometer pioneers have used external consultants who have managed to challenge the "business as usual" mentality and come up with innovative solutions to business challenges.
DID YOU KNOW … ? – that IT startups often possess a frontline knowledge and agility that makes it easier for them to act quickly and creatively?
Have you checked your company's innovation pulse?The Expectation Barometer takes the digital innovation pulse of Danish and international companies. What differences are there - and where? And what does it require - strategically, technologically and organizationally - to drive digital innovation to even greater heights?
Try the Expectation Barometer and find out how far your company is on the road to digital innovation. You get your own personal Benchmark Map, and also access to a series of articles about some of the innovation pioneer journeys towards digital transformation success.