The business environment is constantly changing. The time from ideas to implementation is what differentiates leaders from followers.
The business environment is changing at an ever-increasing rate. How can a CEO keep their business up-to-date with these changes in an environment of extreme uncertainty? Constant technological innovations, global reach of omnipresent social media and not to mention a black swan Pandemic have forever changed the way we do business. This rate of change is not expected to slow down any time soon but rather will further accelerate, Pandemic or not. What worked yesterday won’t work today and definitely won’t work tomorrow.
By the time a new solution has been implemented, business processes will have changed again. To remain relevant, a business must evolve with (if not ahead of) the speed of these changes.
What options does a CEO have? Spreadsheets and manual processes can only take you so far before the ensuing organizational chaos and loss of data/information forces you to either abandon it or go for a standard off-the-shelf solution.
These solutions, however, come at the cost of losing your uniqueness (and your competitive advantage) and are often just a partial solution. You are left with no choice but to implement multiple such systems to fill the ensuing gaps and deal with exponential increase in organizational IT complexity.
The frustration ensues that often leads to one looking for a bespoke IT solution with a substantial cost and development time which is measured in months or even years. Moreover, by the time one has installed the new, shiny IT system, the business processes have changed and once again, the cycle of IT development begins anew. An endless conflict between the IT and the business.
I am not professing that a bespoke IT system is never the solution but in many cases it is not. It is often an overkill. A response to the chaos. In my best guess, a full one-third of the IT systems that are developed today are unnecessary. That being said, if an IT system is the core of your business, then by all means do it but with your eyes and your wallet wide open.
Lucky for us, over the last decade many of the “no-code” tools, beyond the granddaddy of them all – the spreadsheet – have come to a level of maturity where their functionality has become practical and affordable. This has augmented our development tool chest beyond just a simple “hammer” to a rather full suite of tools complete with pliers, screw drivers and many more. This explosion of “no-code” tools is a welcome addition but has created a need for a new way of thinking regarding how we look at digital transformation.
The digital transformation ideas of yesterday are becoming obsolete faster than we can say “obsolete.”
A business owner today would be well served by looking at a wide variety of options of the “no-code” tools at the heart of this transformation. Many small businesses have gained a significant advantage by using no-code tools. They can now bypass the entire IT development process and reach a degree of digitization which was initially a domain of large corporations. This is truly a leveling of the playing field.
The time has come to implement new strategies for your business and not fall behind the evolving technological advances of the new century.
We will continue to explore this topic, stay tuned!
The business environment is changing at an ever-increasing rate. How can a CEO keep their business up-to-date with these changes in an environment of extreme uncertainty? Constant technological innovations, global reach of omnipresent social media and not to mention a black swan Pandemic have forever changed the way we do business. This rate of change is not expected to slow down any time soon but rather will further accelerate, Pandemic or not. What worked yesterday won’t work today and definitely won’t work tomorrow.
By the time a new solution has been implemented, business processes will have changed again. To remain relevant, a business must evolve with (if not ahead of) the speed of these changes.
What options does a CEO have? Spreadsheets and manual processes can only take you so far before the ensuing organizational chaos and loss of data/information forces you to either abandon it or go for a standard off-the-shelf solution.
These solutions, however, come at the cost of losing your uniqueness (and your competitive advantage) and are often just a partial solution. You are left with no choice but to implement multiple such systems to fill the ensuing gaps and deal with exponential increase in organizational IT complexity.
The frustration ensues that often leads to one looking for a bespoke IT solution with a substantial cost and development time which is measured in months or even years. Moreover, by the time one has installed the new, shiny IT system, the business processes have changed and once again, the cycle of IT development begins anew. An endless conflict between the IT and the business.
I am not professing that a bespoke IT system is never the solution but in many cases it is not. It is often an overkill. A response to the chaos. In my best guess, a full one-third of the IT systems that are developed today are unnecessary. That being said, if an IT system is the core of your business, then by all means do it but with your eyes and your wallet wide open.
Lucky for us, over the last decade many of the “no-code” tools, beyond the granddaddy of them all – the spreadsheet – have come to a level of maturity where their functionality has become practical and affordable. This has augmented our development tool chest beyond just a simple “hammer” to a rather full suite of tools complete with pliers, screw drivers and many more. This explosion of “no-code” tools is a welcome addition but has created a need for a new way of thinking regarding how we look at digital transformation.
The digital transformation ideas of yesterday are becoming obsolete faster than we can say “obsolete.”
A business owner today would be well served by looking at a wide variety of options of the “no-code” tools at the heart of this transformation. Many small businesses have gained a significant advantage by using no-code tools. They can now bypass the entire IT development process and reach a degree of digitization which was initially a domain of large corporations. This is truly a leveling of the playing field.
The time has come to implement new strategies for your business and not fall behind the evolving technological advances of the new century.
We will continue to explore this topic, stay tuned!
