How big companies are adapting to change If things just stayed the same, life would be simple. But nothing ever stays the same, certainly not in today’s business environment. Most companies get this, and they’re working hard to build more flexibility and agility into their business models, culture and processes. The need for speed, the need for adaptation, has never been more pressing. We are living Darwin’s theory—only sped up by a factor of 10. While being a multibillion-dollar company has many inherent advantages, agility is not one of them. So how does a large organization build that into its DNA? I moderated a panel on this topic recently with three large-company IT executives who all had some well-earned battle scars from the change wars. We talked about the economic climate and why a focus on the customer is more important than ever. All three ranked customers (finding, acquiring, serving and retaining) as their company’s top priority. But few large organizations are currently built to have a single view of the customer or, conversely, to present a single view of the company to the outside world. There are too many unconnected systems, databases and processes; too many parochial interests and needs. And while the tools exist today to make those connections happen (this was a conference about business process management), getting people to buy into major change is really hard. To get stakeholders to move beyond self-interest and to buy into change for the good of the enterprise, the panelists offered the following recommendations: SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe 1. Base your case on the customer, not internal needs. If you can convince people that the change you’re proposing will serve customers better, you’re halfway there. 2. Make sure the CEO not only supports the change but pushes it. 3. There has to be a change agent driving the project, but make sure this person is tightly affiliated with the business affected, not a separate “change manager.” 4. Train all affected employees in common values, beliefs and behaviors around the new way of doing things, and link results to rewards and recognition. 5. Use tools to model the new processes. The days of trying to capture requirements in a formal document, up front, are over. RIP. 6. Deliver results along the way. 7. Finally, make sure this is positioned as a business change so IT doesn’t get blamed for the inevitable pain! Related content feature Mastercard preps for the post-quantum cybersecurity threat A cryptographically relevant quantum computer will put everyday online transactions at risk. Mastercard is preparing for such an eventuality — today. By Poornima Apte Sep 22, 2023 6 mins CIO 100 CIO 100 CIO 100 feature 9 famous analytics and AI disasters Insights from data and machine learning algorithms can be invaluable, but mistakes can cost you reputation, revenue, or even lives. These high-profile analytics and AI blunders illustrate what can go wrong. By Thor Olavsrud Sep 22, 2023 13 mins Technology Industry Generative AI Machine Learning feature Top 15 data management platforms available today Data management platforms (DMPs) help organizations collect and manage data from a wide array of sources — and are becoming increasingly important for customer-centric sales and marketing campaigns. By Peter Wayner Sep 22, 2023 10 mins Marketing Software Data Management opinion Four questions for a casino InfoSec director By Beth Kormanik Sep 21, 2023 3 mins Media and Entertainment Industry Events Security Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe