Future Ready: Four Pathways to Digital Transformation
As companies reimagine themselves to succeed in a digital economy, a key question is whether they can coordinate existing capabilities to become “Future Ready.” Or do they need more radical organizational surgery, as many companies were not designed for the requirements of the digital era. During this Masterclass, we will look at the typical goals of digital business transformation – dramatically improved customer experience and significantly streamlined operations – and ask what it takes to achieve them and who leads and contributes to the effort. We will use a combination of exemplar case studies from a variety of industries and an MIT CISR survey of nearly 1000 companies to identify four possible pathways to transformation and the bottom line benefits of transformation. Using illustrative cases, we will discuss the issues and challenges associated with each pathway and identify best practices.
Dr Joe Peppard is Principal Research Scientist at MIT Sloan School of Management’s Center for Information System Research (CISR). He researches, teaches, and consults in the domains of IT leadership; digital strategy and innovation; the execution of digital transformation programs; the creation of value from IT investments; and the role, structure, and capabilities of the IT unit in contemporary organizations. In an environment where hype is all too commonplace, Joe seeks to help business and IT leaders navigate an appropriate route through what is an increasingly complex landscape. His research investigates contemporary issues and challenges that managers face in a world of accelerating technological change. His most recent book is The Strategic Management of Information Systems: Building a Digital Strategy (Wiley). Joe is a Fellow of the ICS.
Founded in 1974 and grounded in the MIT tradition of rigorous field-based research, MIT CISR helps executives meet the challenge of leading dynamic, global, and information-intensive organizations. We provide the CIO and other digital leaders with insights on topics such as business complexity, data monetization, and the digital workplace. Through research, teaching, and events, the center stimulates interaction among scholars, students and practitioners. More than ninety firms participate in our consortium.
Registration & Refreshments from 7.30am
Event: 8.00am – 9.00am
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