Before diving into the key actions you can follow to transform your procurement organization, let’s consider a recent scenario I heard from a client. This will give you a better picture of the kinds of problems the key actions provided further in this article can help you tackle.
Recently, I’ve had conversations with an increasing number of leaders who are digitally distraught. They are distraught because they can sense their organization is wavering on digital. As the champion of digital for their organizations, they know what needs to be done, but feel a lack of empowerment to get it done.
This past Spring, I spoke with numerous digital leaders who are feeling distraught. They know what needs to be done but feel a lack of empowerment. Either their CEO is not making the difficult organizations moves, or their organization has multiple strategies, or their investors are taking a short-term view when it comes to funding decisions. These are some of the challenges they feel they cannot overcome on their own.These digital leaders are distraught because they sense their organization is wavering on digital. At the same time, they see other organizations going all in with digital and overcoming these issues – they see their digital determination.
The DX platform is the future technology architecture that accelerates DX initiatives for the Enterprise. It enables the rapid creation of externally facing digital products, services, and experiences while aggressively modernizing the internal IT environment toward an “intelligent core” in parallel. Organizations that can “re-architect for scale” using the DX platform approach will stand out as most likely to be “digitally transformed” over the next three to five years and emerge as a digital native enterprise in that time frame.
The new blog series from IDC will inform IT and business leadership teams of the priorities of a digital transformation strategy and required digital capabilities. Part 1 identifies the top goals of digital transformation for enterprise executives and their leadership teams.