HP has released a new Leadership Playbook in collaboration with IDC, outlining the key steps for enterprises across the Asia-Pacific region to achieve a successful transformation as they move to a new style of business.
The Leadership Playbook asks the question: “Is your enterprise ready for the new style of business?”, and addresses feedback from 70 enterprise organisations across the APJ region.
The current landscape is characterised by constant change, rapid and relentless information flow, stronger demands for collaboration, threats and uncertainty, high mobility and connectivity, and new channels and new markets. Failure to adapt means organisations risk growing customer irrelevance, market share loss to new disruptive competitors and shrinking profits.
“The enterprise that can move to a new style of business, one that embraces change, harnesses data, manages risk and stays connected, can turn those challenges into abundant opportunities,” said Bruce Dahlgren, senior vice president, Enterprise Services, HP Asia Pacific and Japan.
“By combining the power of cloud, security, big data and mobility into solutions for a new style of IT, the enterprise can make the complex simple, effectively bridge the old IT to new, resulting in business growth and transformation to new market dynamics.”
In the Leadership Playbook, which was commissioned by HP, IDC confirms that the marketplace in Asia-Pacific has entered the ‘Innovation Stage’ for the four pillars of 3rd Platform technologies: cloud, mobility, big data analytics and social.
“The most popular initiatives in the enterprise are currently mash-ups for cloud and mobility, and all four-core pillar inclusive projects,” said Sandra Ng, group vice president, practice group, IDC Asia Pacific. “Delivering productivity-based automation is identified as the key business driver for tech CxOs, while the CEO’s top concern is adapting to the emergence of new business models.
Enterprises in the region are now starting to look at new innovation accelerators such as the Internet of Things and other emerging technologies.
With the transformation journey from old to new expected to be complex and lengthy, IDC recommends building strong partnerships between IT and CxOs, and establish a strategy scorecard to track performance in the five key areas critical for success:
- Intent – a measure of the organisation’s maturity for 3rd Platform transformation, to establish justification and secure executive sponsorship;
- Process – measures capability to manage key processes such as tracking and analysis, vendor/service management, architecture, decision-making and workflows;
- Technology – measures attributes for tools and functionality, adoption, performance, management and business adaptability;
- People – defines maturity of technology skills, cultural readiness, organisational structure and recruitment/training; and
- Metrics/measurement – the organisation’s ability to develop key performance indicators, measure innovation and align to business outcomes.
Download the full IDC Leadership Playbook, commissioned by HP: Transformation Everywhere: Are You Ready for a New Style of Business?.
