Technology drives practically every part of the business today, introducing new opportunities for Corporate IT to create competitive advantage. But, 63% of business leaders think IT is too slow to respond to new technology opportunities. Most solutions for IT leaders rely on new organizational structures, but these only create additional challenges. Instead, to maximize value, IT must adopt a framework that enables it to quickly reallocate resources as business needs change.
IT organizations should apply 5 principles that collectively make IT "Adaptive":
Focus efforts in areas where IT provides comparative advantage.
Adopt different responsibilities based on the operating context.
Apply judgment to determine the right level of process rigor.
Speed-to-Market Comes First
Increase the priority given to speed-to-market when making trade-offs.
Technical and Business Talent Isn't Either/Or
Sharpen IT's technical edge and business skills in parallel.