Drawing upon business leaders-and not just IT-to identify and execute on areas of alignment is a great start. Even better is opening the opportunity to generate ideas or create prototypes of solutions that bring advances into an organization and uncover hidden pockets of innovation changes, awhile also building or reinforcing a culture that value creativity.
It is not just newcomers who are deploying digital to change the rules of the game and upend traditional market models, but incumbent companies are also deploying a range of new technologies, Not only to improve its product, but also decided to reinvent itself as a technology company.
Innovation meant a big up-front investment in capacity and storage, plus a commitment to whatever technology was being developed, as changing courses’ quickly would mean abandoning significant investment and starting the cycle over again. Now cloud provides immediate access to processing power, storage and applications that help businesses experiment, scale and adjust on the fly. Organization can pull together new offerings quickly by combining existing tools and companion apps in a new era, or as a basis for more innovation.
By helping to reshape both the infrastructure and culture of an organization, helps foster an environment where humans are thinking and experimenting and accelerating while digital capabilities are executing and modifying tasks quickly and cost effectively – resulting in faster response times and enabling organizations to place a premium on meaningful interactions with more people in less time.
How do existing business objective and current practices align to the capabilities and strategic objectives of your organization? Rather than pursuing innovation for innovation’s sake, each organization should look at how technology and apps contribute to strategies and goals.
Some of the technologies and applications that are using cloud to shift entire industries as well as individual habits are fueling the physical, digital and biological worlds, impacting all disciplines, economies and industries.
An important, but often overlooked catalyst to growth is outside perspectives. Bringing in new ideas and new ways of doing familiar things can open up a workforce and prepare them to expand their perspectives, capabilities and capacity for growth and change.