Disruption is the “new normal”
João Simões de Abreu, October 27, 2021
The pandemic brought a new perspective on how to carry and manage operations. The virus was quicker than any organizational change capacity and digital technologies’ adoption was rushed like never before. In fact, McKinsey predicts COVID-19 accelerated the embracing of digitally enabled products by seven years.
An unprecedented situation was the catalyzer to what everyone knew (or should know in 2020): the digitization of organizations is imperative. However, in the rush of adopting new digitally enabled products, there are two main questions to be answered:
- What is the strategy for the following times of disruption?
- How does the bought technology complement this strategy?
You will not survive with a strategy for disruption
Gartner’s 2022 CIO Agenda is clear: “The new normal is disruption”. Even though the fact that we were living in “disruption times” during lockdown was evident, the world was already living in times of constant change – so much so that the signs of disruption came a few years before the pandemic (e.g., trade wars, Brexit, legislative changes, GDPR, etc.)
Here’s the problem: organizations are operating under outdated models and strategies that assume a slow-changing and predictable reality. Yet, teams must be ready for continuous change. The ones able to pull this off will most definitely stay ahead of the pack and grow.
A strategy for disruption will not make organizations survive – it will make them thrive and assure they are leading the pack.
The must have feature for technology
Technology is a means to an end. If you do not have the right mindset to face disruption, technology will be useless. On the other hand, efforts to promote change are hopeless if the mindset is correct but not the technology.
For business leaders to face times ahead competitively, they must use digital solutions that enable a business composability orientation, i.e., the application of modularity to any business asset so that leaders can quickly, easily, and safely recompose them and create new value in response to disruption.
When it comes to technology, this translates into creating an organization made from interchangeable building blocks that can be switched on and off or created from scratch whenever the strategy demands.
A composable approach is centered on the thesis that the faster an organization can learn and pivot/change, the longer it will remain competitive in its field of work.
By 2023, organizations adopting a composable approach will outpace their competitors by 80% in implementing new features. So, you must ask yourself: how do your digital solutions fit this reality? Are you leading the pack or staying behind?
Although Gartner coined the term recently, Quidgest’s clients have been taking advantage of the concept surrounding composability for decades.
Learn how we can help your business or organization approach times of disruption via technology and stay ahead of your competition – contact us.