In digital and AI transformations, start with the problem, not the technology Flashcards

1
Q

What is the starting point for a digital and AI transformation?

A

The business problem you want to solve.

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2
Q

What is a common struggle for executives when harnessing technology’s potential?

A

How to do it at scale.

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3
Q

What do business leaders need to focus on to move from pilots to large-scale implementation?

A

Organizational components, talent, and data.

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4
Q

True or False: Technology is the main problem in digital transformations.

A

False.

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5
Q

What does Eric Lamarre say about generative AI and its application?

A

It often feels like a technology in search of a problem.

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6
Q

What is the most important approach to talent in digital transformations?

A

Commitment to a modern technology environment.

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7
Q

Fill in the blank: Talent values their craft and will question the company’s _______.

A

technology architecture.

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8
Q

What is a major reason companies fail to capture the full value of implemented technology?

A

Operational problems that unveil bottlenecks.

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9
Q

What does Eric Lamarre mean by ‘You can’t outsource your way to success’?

A

Technology development is more productive when done in-house.

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10
Q

What role should external consultants play in building technological capabilities?

A

Accelerate the process but not completely outsource the capability.

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11
Q

What is ‘distributed digital innovation’?

A

A state where multiple teams across the organization develop technology solutions.

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12
Q

What is the evolving role of the IT team in a rewired organization?

A

Enable cybersecurity and distribute tools and data for innovation.

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13
Q

What is a major transformation for the CIO in the new environment?

A

Enabling the organization to innovate securely.

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14
Q

How should finance adapt to support digital transformations?

A

Move to persistent funding for portfolios of small teams.

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15
Q

What is a key shift needed in control functions during digital transformations?

A

Guide development to monitor risks before they arise.

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16
Q

What should executives do to ease concerns about IT complexity?

A

Establish a common language and base of technology understanding.

17
Q

Fill in the blank: To get value from new technology, executives should ‘go slow to go _______’.

18
Q

What does the term ‘technology stack’ refer to?

A

The collection of technologies used to build and run applications.

19
Q

What is the importance of a technology road map in solving business problems?

A

It aligns technology development with specific problems to deliver value.

20
Q

True or False: Companies should view technology as a separate department.

21
Q

What is the significance of upskilling in the HR function during digital transformations?

A

To equip employees with necessary skills for new digital roles.

22
Q

What does maximizing the fill rate of cargo space in airlines highlight?

A

The need to address operational issues alongside technology implementation.