As I observe the amount of digital transformation taking place globally, I can’t help looking back on the years I spent as a CIO and wondering, “what if?”
Specifically, what if I’d altered my vendor selection strategy and partnered with more startups when launching technology initiatives rather than relying almost exclusively on market-leading enterprises? Would the outcomes have been better? Worse? Any different at all?
There’s a reason for this self-reflection.
Across most industries, CEOs are calling upon CIOs and CTOs to align their digital investments with overarching business objectives, prioritizing projects that can yield the most positive financial impact. However, Gartner® research shows that 52% of CEOs believe their companies’ digital initiatives are taking too long to realize the value that leadership expects.1
Therein lies the rub. It’s difficult to substantially alter your business trajectory or contribute to goals beyond the underlying IT imperatives of your technology project—let alone effect change at a rapid pace—if you don’t challenge traditional thinking and approach problems creatively.
That’s why many organizations should consider taking the leap of faith I wish I’d taken more often and partner with pioneering startups.