
In order to optimize the speed of IT transformation, it is important to first understand the obstacles that keep things slow. By identifying problem areas and taking steps to address them, companies can more successfully implement changes that improve the speed at which IT operates.
- Lack of foresight – Perhaps the greatest obstacle of speed in IT is simply a lack of foresight. When leaders within IT and the company do not have the will to look beyond today, they are unable to plan for the future and keep their company at the cutting edge. This can manifest itself in several ways, including under-budgeting initiatives, failing to implement new ideas, and improperly allocating resources. It is extremely important that all stakeholders understand the importance of looking to the future and are willing to invest the necessary resources to properly implement changes.
- Poor communication – Rapid IT requires organized communication among a wide range of individuals. Failing to ensure that all key players are on the same page and that there are predefined channels over which to communicate during the project will inevitably lead to problems. It is critical that IT leaders take steps to communicate their plans and ensure that everyone understands what the goals are, what needs to be done, and what everyone’s role is.
- No buy-in from business – Some businesses don’t recognize the value of emerging IT developments. They believe that if it works now, it should keep working for the future. Unfortunately, this is simply not true and those companies that aren’t constantly working to improve their technology will fall behind. Lack of buy-in from business leaders can result in under-funded projects and many other problems down the road.
- Technical debt – Ignoring technical debt today will only lead to major headaches later. Problems with outdated systems and software can cause security concerns, reliability issues, and many other difficulties. The longer the organization waits to address these problems, the more difficult it will be to do so, and the more they will contribute to inefficiency and loss.
- Security – Companies should not prioritize speed above security concerns. However, there are ways to transition rapidly without exposing systems and data to excessive risk. By ensuring that systems are up-to-date and implementing a structured transition plan that puts security first, companies can avoid issues while optimizing the speed to transition.
- Physical Infrastructure – Although IT deals in digital information, it ultimately relies on real-world infrastructure to function, and that infrastructure takes a set amount of time to build out. This can be a major roadblock to rapidly rolling out new features and services.
In a future article, we’ll make recommendations for overcoming these obstacles. In the meantime, download the comprehensive white paper, Operate IT at the Speed of Business to learn more about the relationship between speed and transformation.
Wavestone Named to Forbes World’s Best Management Consulting Firms 2023 List
Sep 19, 2023
Forbes has once again recognized Wavestone in its annual “World’s Best Management Consulting Firms 2023” list. Read our blog for more information about the ranking and Wavestone’s award-winning business and technology consulting services.
Learning Data and GenAI: Securing the Source of Generative Intelligence
Sep 14, 2023
Integrated Operational Resilience (OR) has become critical to operational integrity as businesses grapple with economic uncertainty and rising compliance requirements. Tailored Managed Information (MI) models can enable automated, data-driven OR capabilities by centralizing resilience data for stakeholders, enabling accelerated and educated remediation of OR issues as they occur. Learn more about MI models and their 3 core capabilities in our blog.
Have a Question? Just Ask
Whether you're looking for practical advice or just plain curious, our experienced principals are here to help. Check back weekly as we publish the most interesting questions and answers right here.