HP has announced a new Leadership Playbook in collaboration with IDC which outlines the key steps for enterprises across Asia Pacific (AP) to a successful transformation as they move to a new style of business. The Leadership Playbook asks the question: “Is your enterprise ready for the new style of business?”
Today’s enterprise is faced with challenges in dynamic and fast moving marketplaces as never experienced before. Organizations need to address relentless change, ceaseless information flow, radical collaboration, threats and uncertainty, total mobility, constant connectivity, instant gratification, new channels and new markets. Failure to do so risks growing customer irrelevance, market share loss to new disruptive competitors and shrinking profits.
“The enterprise that can move to a new style of business, one that embraces change, harnesses data, manages risk and stays connected, can turn those challenges into abundant opportunities” said Marshal Correia, vice president & general manager, Enterprise Services, HP India. “By combining the power of cloud, security, big data and mobility into solutions for a new style of IT the enterprise can make the complex simple, effectively bridge the old IT to new, resulting in business growth and transformation to new market dynamics.”
In the HP commissioned Leadership Playbook “Transformation Everywhere: Are You Ready for a New Style of Business”, IDC confirms that the marketplace in Asia Pacific has entered the “Innovation Stage” for the four pillars of 3rd Platform technologies: cloud, mobility, big data analytics and social. Enterprises in the region are accelerating adoption of mash-ups of the four pillars and starting to look at new innovation accelerators such as the Internet of Things and other emerging technologies.
“The most popular initiatives in the enterprise are currently mash-ups for cloud and mobility and all four-core pillar inclusive projects” said Sandra Ng, Group Vice President, Practice Group, IDC Asia/Pacific. “Delivering productivity-based automation is identified as the key business driver for tech CxOs, while the CEO’s top concern is adapting to the emergence of new business models.”
The Leadership Playbook recognizes that the transformation journey from old to new can be complex and lengthy, and recommends building strong partnerships between IT and CxOs. It identified that a strategy scorecard is needed with five key areas critical for success:
* Intent – a measure of the organization’s maturity for 3rd Platform transformation, to establish justification and secure executive sponsorship
* Process – measures capability to manage key processes such as tracking and analysis, vendor/service management, architecture, decision making and workflows
* Technology – measures attributes for tools and functionality, adoption, performance, management and business adaptability
* People – defines maturity of technology skills, cultural readiness, organizational structure and recruitment/training
* Metrics/measurement – the organization’s ability to develop key performance indicators, measure innovation and align to business outcomes
Combining a strategy scorecard with HP Advisory Services, an organization can navigate the complex process of IT transformation and develop a robust strategy to take advantage of these new dynamics for services and processes that drive innovation and growth. The services include end-to-end consulting, assessments and interactive workshops for IT strategy planning, enterprise architecture, IT governance, organizational change management, applications modernization and executable roadmaps.
For enterprises to thrive in 2020, transformation to digital business using solutions for the new style of IT will be critical to their success and will enable them to unlock the potential of new customers and new markets, and fight off disruptive competitors.
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