What is Your 2017 Business Strategy?

December 26, 2016 / G C Network / Comments Off

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Federal Cloud Computing Strategy Officially Launched

By G C Network | February 14, 2011

Federal CIO Vivek Kundra officially launched the Federal Cloud Computing Strategy today. While this is clearly not new news, the document does state the government’s position in a very succint manner.…

GEOINT’s Future is in the Cloud

By G C Network | January 31, 2011

Recently, Geospatial Intelligence Forum Magazine asked me for my thoughts on the role of cloud computing in the future of geospatial intelligence.My response was recently published in their December 2010…

eTechSuccess: Patterns of Success – Kevin Jackson

By G C Network | January 27, 2011

My sincere appreciation to John Baker for the eTechSuccess: Patterns of Success interview. John and I worked together IBM as part of the Wireless Emerging Business Organization. His team and…

USBE&IT Winter Issue Focuses on Cyber Security

By G C Network | January 19, 2011

Thank You USBE&IT Publisher Mr Tyrone Taborn for such an inspiring issue and my sincere appreciation to Mr. Frank McCoy for my inclusion in his list of Cyber visionaries! The Homeland…

Global GovCloud with Cisco and VCE

By G C Network | January 18, 2011

Last week I had the awesome experience of participating in a global telepresence conference on government cloud computing. Joining me as presenters were Blake Salle, Senior Vice President of VCE,…

NIST Cloud Computing Collaboration Twiki Launches

By G C Network | December 30, 2010

Today I received my credentials for the NIST Cloud Computing Collaboration Site. “The National Institute of Standards and Technology (NIST) has been designated by Federal Chief Information Officer Vivek Kundra…

GovCloud Predicitons for 2011

By G C Network | December 30, 2010

Happy New Year All!! 2011 will be the breakout year for GovCloud! Pressure to reduce budget, pressure to manage I resources better and the political pressure of the next presidential…

Vivek Kundra Unveils 25-Point IT Management Reform Program

By G C Network | December 10, 2010

Yesterday the US Federal CIO, Vivek Kundra, unveiled an ambitious 25-point implementation plan for delivering more value to the American taxpayer. This plan focuses on execution and is designedto establish…

GSA and Unisys/Google Marks GovCloud Watershed

By G C Network | December 4, 2010

As widely reported this week, the United States General Services Administration (GSA) has awarded a contract to Unisys to create a secure cloud-based email and collaboration platform. The solution will…

NIST Moves Forward on Cloud Computing

By G C Network | November 8, 2010

Last week the National Institute of Standards and Technology (NIST) held their second Cloud Computing Forum and Workshop. Skillfully shepherded by Ms. Dawn Leaf, the agency’s senior executive of cloud computing,…

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Photo credit: Shutterstock

End of year predictions in December are as predictable as tomorrow’s sunrise, but a recent video on 2017 Technology Trends helped me really understand how important a digital transformation strategy is to just about any business executive. The CSC Town Hall conversation actually identified some of the specific tasks that today’s corporate executive really need to address in the coming year. To enhance your opportunity for 2017 business success, your action item list should include:

Reconfiguring both corporate front and back office operations for digital execution which is expected to reshape organizational structures, employee compensation models and every business’ partner community;
Preparing for intelligent machines advisory services to the enterprise that will drastically increase productivity and business competition;
Leveraging the industrial internet, aka the Internet of Things, that will use sensor cross connectivity to improve human safety and machine productivity
Dealing with radically new and culturally driven business innovations that originate from the East Asian “Sinosphere”
Using simplified cloud computing platforms that will drive 80% of all corporate information technology into public cloud platforms by 2020; and
Capturing the value proposition of the truly interactive virtual experience and digital interface for enhanced user experience and worker productivity

To survive these imminent changes, corporations must identify new transformational business opportunities within the context of their specific industry vertical and competitive landscape. This requires much improved collaboration between business and technology leaders around developing an explicit linkage between the cloud computing economic model and the relevant business economic model. This linkage will inevitably include the effective use of virtual IT operational models that include dynamic infrastructure provisioning, infrastructure auto-scaling, application microservices and serverless computing. Preparing for these changes may also require a rethinking of your core business because customer experience design may actually drive your business success. Since quality experiences are based on customer empathy, business analytics, and cognitive technology, a successful business strategy may need to blend all of those capabilities. This also means having an ability to engage with both your customers and employees in meaningful ways, no matter where they happen to be.

Your corporate information technology team itself will also need to deal with an extremely rapid shift from technology operations to robust and automated IT service management. The coming transition to a public cloud dominated IT industry landscape also will also demand corporate strategies around:

Matching cloud deployment and service model options to organizational risk tolerance;
Enhancing organizational expertise on cloud computing through an increased training investment strategy; and
Preventing digital operations failures due to an inability to monitor and enforce the necessarily strict IT governance models.

One final thought. Organizational risk tolerance levels may also need some significant recalibration because it only takes one successful “fail-fast” entrepreneur to reshape an entire industry. Chief financial officers and chief risk officers need to take a holistic approach that integrates business risk management and performance management, including compliance where required, as part of the overall business strategy and execution. In addressing this need, external risk management services may be the key to evolving your company from basic compliance and ad-hoc responses, to optimized business risk management, in which the value of risk management far outweighs the costs.

This post was brought to you by IBM Global Technology Services. For more content like this, visit ITBizAdvisor.com.