New report provides framework for transforming leadership practices and attitudes
(PresseBox) (Framingham, MA, )Business leaders today need to transform and lead digitally powered organizations that are not only adaptive to change, but able to predict and drive it. International Data Corporation (IDC) today unveiled the IDC MaturityScape: Leadership Digital Transformation (Document # 255709) designed to help business and IT leaders understand the actions needed to realize those opportunities. Leadership Digital Transformation (DX) is the set of disciplines that enables businesses to develop the vision for digital transformation of products and services that are optimized to deliver value to partners, customers, and employees. This study identifies the stages, dimensions, outcomes, and actions required for leaders to undertake successful DX initiatives.
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IDC's Leadership Digital Transformation MaturityScape consists of five stages (ad hoc, opportunistic,repeatable, managed, and optimized) that represent a progression of increasing maturity ofleadership's capabilities and actions. They are a measure of a leader's ability to recognize the opportunities in developing DX capabilities that are consistent with business goals and that of a leader's inherent ability to lead the organization in meeting or exceeding business goals. Specifically, this new study was developed to help business and technology executives identify areas in need of improvement in support of digital transformation in five key areas or disciplines of leadership:
Ecosystem Awareness and Insight
Business Model Innovation
Organizational and Cultural Disruption
Agile Planning and Governance
Financial and Economic Leverage
IDC believes that most business leaders are at the opportunistic and repeatable stages of maturity. Most leaders will not and probably cannot have all of the competencies required at the managed and optimized stage, and striving to achieve them is likely an exercise in failure. Instead, leaders should focus on building teams that bring together the necessary competencies across the five dimensions and then focus on creating a collaborative and cohesive environment for driving DX throughout the enterprise and its ecosystems.
"Leadership of digital transformation requires a nuanced set of skills and abilities, some of which may not come naturally to many executives," says Fred Magee and Marc Strohlein, adjunct research advisors within IDC's Research Network. "Leading DX is inherently multifaceted and multidirectional - DX leaders must have the ability to create digitally fueled business visions; to attract 'coconspirators' including customers, partners, and competitors to help realize the vision; and finally to orchestrate the myriad components needed to actually execute on the vision."
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About IDC MaturityScapes
IDC MaturityScapes are used by IT executives and their enterprise partners to have a structured way to identify their current level of maturity, and the gap between where they are and where they want to be to maintain competitive balance or achieve industry superiority. Using IDC MaturityScapes is a way to reduce the friction of change, to make more precise investments, and to identify the details of governance, process, technology, organization, and other factors that can derail the best-laid technology initiative.
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