In digital and AI transformations, start with the problem, not the technology Flashcards
What is the starting point for a digital and AI transformation?
The business problem you want to solve.
What is a common struggle for executives when harnessing technology’s potential?
How to do it at scale.
What do business leaders need to focus on to move from pilots to large-scale implementation?
Organizational components, talent, and data.
True or False: Technology is the main problem in digital transformations.
False.
What does Eric Lamarre say about generative AI and its application?
It often feels like a technology in search of a problem.
What is the most important approach to talent in digital transformations?
Commitment to a modern technology environment.
Fill in the blank: Talent values their craft and will question the company’s _______.
technology architecture.
What is a major reason companies fail to capture the full value of implemented technology?
Operational problems that unveil bottlenecks.
What does Eric Lamarre mean by ‘You can’t outsource your way to success’?
Technology development is more productive when done in-house.
What role should external consultants play in building technological capabilities?
Accelerate the process but not completely outsource the capability.
What is ‘distributed digital innovation’?
A state where multiple teams across the organization develop technology solutions.
What is the evolving role of the IT team in a rewired organization?
Enable cybersecurity and distribute tools and data for innovation.
What is a major transformation for the CIO in the new environment?
Enabling the organization to innovate securely.
How should finance adapt to support digital transformations?
Move to persistent funding for portfolios of small teams.
What is a key shift needed in control functions during digital transformations?
Guide development to monitor risks before they arise.
What should executives do to ease concerns about IT complexity?
Establish a common language and base of technology understanding.
Fill in the blank: To get value from new technology, executives should ‘go slow to go _______’.
fast.
What does the term ‘technology stack’ refer to?
The collection of technologies used to build and run applications.
What is the importance of a technology road map in solving business problems?
It aligns technology development with specific problems to deliver value.
True or False: Companies should view technology as a separate department.
False.
What is the significance of upskilling in the HR function during digital transformations?
To equip employees with necessary skills for new digital roles.
What does maximizing the fill rate of cargo space in airlines highlight?
The need to address operational issues alongside technology implementation.