Multiple external and internal change drivers are creating pressure to businesses to either transform or vanish. Digitalization shortens business cycles, operating environment becomes faster moving and highly complex and transformation becomes continuous.
Transformation becomes continuous as companies understand the need to transform and start planning the next transformation when they are just about to complete previous one.
Most companies get the vision right, but the execution is the hard part: only between 30% to 40% of the projects deliver the expected results on time and budget.
Mergers and acquisitions can deliver greater value to business than ever. Successful ICT integration is always a challenge and multiple researches show that 60-80% of the M&A integration costs come from the ICT.
Success in mergers and acquisitions related integrations requires strong experience, thorough planning and well-managed implementation, because strict timelines must be kept.
We have exceptional M&A experience as we have helped tens of large corporations in their efforts to realize M&A and carve-out benefits.
Digitalization is a transformation journey that focuses on using technology and data to reinvent or create the business itself.
In order to succeed, companies must balance the drivers of strategic change coming from digital stakeholder behavior, enterprise direction setting, new digital offering, business domain and technology transformation.
In digitalization, top management support and senior transformation leaders are mandatory for the success. It is much more vital than in traditional business.
CIOs are struggling with the increasing pressure to optimize ICT spend because of changes in technology, regulations and business demands.
Some of the issues CIO needs to consider are digitalization effects on operations and technologies, cloudification, agile way of working, offshoring transformation, vendor ecosystem changes, new sourcing options and EU regulations for data management.
The challenge is to simultaneously innovate and build long-term competitive advantage while reducing running ICT costs.