Aug 092017
 
Do You Have the Right Digital Talent?

While your organization may understand the impact digitalization could have on its future, and be undertaking some strategies to seize the opportunity, it’s important to consider your strategy for grooming and/or hiring digital talent. Without the right skills across the enterprise, both on the tech side and the business side, you won’t be able to fully define and fulfill a digital transformation strategy. And here’s a warning: be aware of the fact than any employees or executives who aren’t getting digital career opportunities may be honing their resume. In a series of Cutter Consortium Executive Updates, Gustav Toppenberg fleshed out the idea of creating a digital backbone to ensure that each transformation effort connects and leverages Read more

Jul 252017
 
Stop the Slowdown in Customer Responsiveness

Time has a significant impact on projects. You need to get to market. You need to respond to change quickly, but also remain responsive over time, which makes it critical to build maintainable systems. Add to that competition and the technology landscape, plus the cost of delay, and the cost of change can become quite high. According to Cutter Consortium Senior Consultant John Heintz, the increasing cost of change leads to a slowing down of customer responsiveness.: “One of the primary reasons that we slow down is because it gets harder and harder to change things. If the cost of change in our systems goes up, then at some point we become less responsive, and Read more

Jul 182017
 
Give Design Thinking a Thought

Design thinking is gaining popularity among managers as a means to spurring creativity in innovation and problem solving. With design thinking, multidisciplinary teams work visually to see through the complexity of their project. Several Cutter Consortium authors have been exploring design thinking and how investing a meaningful amount of time and resources to thinking actively about the future, with transdisciplinary, collaborative teams based can help run an innovative organization. Transdisciplinary Collaboration According to Cutter Senior Consultant Edgar Barroso, in order to create new products and services, build startups, solve unexpected problems, and design projects, organizations need to think about the future in a transdisciplinary manner and come up with ideas that might be implemented three Read more

Jul 112017
 
Software Risk is Business Risk. Who's Responsible for Mitigating It?

Cutter Consortium Senior Consultant Pete Kaminski has been looking at the business risks posed by software, and how to mitigate them. He gives context to the issue this way: “Driving business risk down is just smart business. Software-related business risk is an increasing portion of business risk, so knowing how to assiduously reduce software risk has become part and parcel of today’s business reality. Fortunately, there is an array of tools and methods that you can apply across your portfolio of software assets and development projects to manage software risk, which we’ll explore in this Executive Update. Industrializing software risk management is critical for organizations in the digital age. It unleashes the “smarts” in developers Read more

Jul 052017
 
[Call for Papers] Agile Leadership: The Foundation for Organizational Agility

For well over a decade, leaders around the world have been encouraging software teams to embrace Agile development practices. The success of many of these teams has moved some leaders to extend their Agile approach to other parts of their organizations, allowing them to achieve true Organizational Agility. That’s the good news. The bad news is that in numerous industry surveys, issues related to Leadership have been identified as some of the top reasons that many Agile transformations have struggled. In the more successful transformations, Leadership has often been credited for being a major part of the success. So what can be done to help more leaders engage in successful transformations? An upcoming issue of Read more

Jul 032017
 
Lessons for Innovators and Digital Disruptors

It could be argued that digital technologies present more profound and disruptive opportunities and threats to established business models than anything that’s come before. In Digital Disruption of Business Models: The Mass Mitec Story, David Wortley charts the digital transformation of Mass Mitec, a UK-based small-to-medium enterprise, via a disruptive digital technology in the 1990s and uses the story to illustrate the potential and dangers of digital disruption. Even though Mass Mitec had a very good understanding of the evolution of the technologies upon which its business models were based, and the organization had built a business development plan that reflected that evolution, it seriously failed to properly secure or exploit the business and contractual arrangements Read more

Jun 282017
 
[Call for Papers] Insurtech: Reinventing the Insurance Industry

Similar to Fintech revolutionizing the financial services industry, Insurtech is taking the insurance sector by storm with its innovative and possibly disruptive technology solutions. The benefits to incumbent insurers include better engagement with and reestablishing trust with customers, the ability to innovate quicker with improved products, services and distribution, increased operational efficiency and profits, the ability to generate meaningful risk insight, and the opening of new market opportunities for millennials seeking easier means of purchasing insurance. However, the transition to an Insurtech business model comes with its challenges as many insurance companies are mired in old legacy systems and cultural barriers that could serve as roadblocks to adoption. As well, Insurtech startups are replete with Read more