Human ingenuity and technology will help us forge a new way forward

By HCL Tech Sri Lanka

By designing and implementing a robust product-centric digital execution framework, Sri Lankan enterprises will emerge stronger, nimbler, and better placed to accelerate digital transformation in a post-COVID-19 world.

But how can enterprises set themselves up for success while adopting a product-centric approach to digital execution? Along with structural and leadership changes and leveraging a partner ecosystem with demonstrable experience, companies can keep in mind the following critical interventions that can help accelerate adoption:

3 ways for companies to embrace digital dexterity

Reimagine the digital foundation: Like most companies, if you are using some form of cloud infrastructure or IaaS to run business applications and workloads, it is time you explore proven use cases of platform-as-a-service (PaaS).
Take consumer-grade changes to market faster: A product-centric approach to digital execution recommends business capabilities be broken down into bite-sized product teams that represent cross-functional teams consisting of software developers, product managers, user experience designers, business analysts, and others. Teams should also interact with business owners and stakeholders as if they were external customers.
Bridge the talent gap: That digital skills gap is reflected in challenges faced by digital-first companies while hiring new talent. It is becoming increasingly clear that traditional methods of talent acquisition may not bear fruit and companies will have to look at innovative ways to find prospective employees with the right skill sets.
Build a value-driven partner ecosystem: Traditional, well-established companies are not quite as nimble as their start-up, online-only counterparts. Achieving faster digitization and keeping up with industry-wide evolutionary pressures would require such enterprises to partner with digital-first companies that provide experiential learning and ready-to-deploy digital solutions.
Bridge the talent gap: That digital skills gap is reflected in challenges faced by digital-first companies while hiring new talent. It is becoming increasingly clear that traditional methods of talent acquisition may not bear fruit and companies will have to look at innovative ways to find prospective employees with the right skill sets.
Leveraging a multi-partner setup: While a multi-partner IT landscape can present its own set of challenges, if done correctly, it can encourage healthy competition and drive better outcomes. This can be achieved by mandating clear division of work among partners and encouraging all partners to share their inputs while having in place a common architecture, tooling, and ways of working.

Excepts taken from an article published by Shobhit Kumar. To read it, visit

https://www.hcltech.com/blogs/executing-digital-strategy-way-forward-business