The Innovators Imperative : Rapid Technology Adoption for Digital Transformation
Andriole, Stephen J.
Khin, Kaung M.
Auerbach Pub 2017/10
153 p. 24 cm
The pace of technological change is accelerating, hyper competition is growing, opportunities for business model disruption are exploding, and comprehensive cloud delivery is readily available. These factors challenge every aspect of business technology strategy. The Innovator's Imperative: Rapid Technology Adoption for Digital Transformation prepares twenty-first century businesses leaders for competing and leading in this disruptive digital environment. Five years of research conducted by the authors suggests that leading companies have all but abandoned the requirements analysis and modeling best practices of the twentieth century. Accordingly, the authors put forth the innovator's imperative that contends: All companies wanting to be competitive should adopt emerging and disruptive technologies as quickly as possible, and in many cases, immediately. Technology is driving business strategy, and companies are rethinking their technology strategy, especially the governance that determines how and why technology investments are made. Based on their research the authors have developed a five-step framework for digital transformation: Model and simulate Identify high-leverage opportunities Prioritize transformational targets Identify digital opportunities Find courageous leaders The book explains each of these steps to guide business leaders in architecting digital transformation projects according to their organization's market positions, budgets, objectives, and corporate culture. Hyper-competitive, disruptive companies are jumping across technology adoption phases without regard to any phasing whatsoever. Companies focused on digital transformation often adopt emerging technologies immediately. They have become early adopters of technologies that can impact existing-and create whole new-business models and processes. This book examines this jump into new technologies, processes, and business models to prepare twenty-first century business leaders to make that leap.
Table of Contents
1. Technology Adoption and Digital Transformation Emerging Technology and Digital Transformation Step 1: Model and Simulate Step 2: Identify High-Leverage Opportunities Step 3: Prioritize Transformation Targets Step 4: Identify Digital Opportunities Step 5: Find Courageous Leaders A Growing Threat 2. Phased Technology Adoption in the 20th Century Traditional Technology Adoption Models The Obsolescence of Traditional Technology Adoption Models Historic Strategy Formation Crossing the Chasm The Innovator's Dilemma-Plus Solution 3. Rapid Technology Adoption in the 21st Century Findings Statistical Analysis The New Normal 4. The Technology-Driven Enterprise Accelerating Consumerization Technologies Available for Immediate Adoption Competitive Fear Digital Transformation Participatory, Shared Federated Governance Postfederated/Decentralized Technology Adoption and Delivery Agile Technology-Enabled Business Models and Processes Continuous, Permanent Digital Transformation Governance! Technology-Driven Opportunities Operational and Strategic Opportunities Reality Checks Sources of (Temporary) Worry Most Important Management Concerns What Keeps Technology Leaders up at Night Where the Money Goes Spending Trends More People (But Less Security) Chief Information Officers Lifestyle From Therapy to Adoption to Transformation The Technology-Driven Enterprise 5. Forward Guidance What's Happening? Enterprise IT Is Dying Birth of Digital Digital Transformation Skills and Competencies Digital Transformation Readiness Skills and Competencies for Digital Transformation Filling the Gaps Good Technology Clusters Bad Technology Clusters Transformation-Ready Industries So What? The Innovation Challenge Wake up, Smell the Technology and Transform Appendix A: Technology Adoption Survey Appendix B: Interview Questions and Selected Responses Appendix C: Statistical Tests