By the expert team members of Lexico Lexico Experts Discuss Team Mindset Shifts The success of any transformation comes down to execution, which is driven by teams. And the most successful transformations are executed by teams with the appropriate mindset, one that is agile and growth-oriented. This mindset is arguably the most critical determinant for…
While there are many bright shiny objects of technology that get all the attention, mindset is a critical element to successful transformation work. Without it, no amount of technology can successfully transform the organization.
Roughly 70 percent of transformations fail, leaving the value of the transformation unrealized and potentially putting the organization at risk. There is a tool that can be employed by leadership to manage and drive better outcomes, sustainably.
Reflecting on the recent budgeting process, the specter of the pandemic loomed largely, adding yet another layer of uncertainty for executives to manage. A new approach to budget planning can be used to continuously evolve plans, no matter what happens in the year ahead.
Organizations can take a different approach to modeling to make more informed decisions, resulting in clearer prioritization, smarter decision making and achievement of key performance indicators.
Organizations that embrace a business-centered technology approach are proven to be more resilient and as a result, more competitive, which is especially important when in the midst of adversity.
We’ve seen a seismic paradigm shift in how people work. This new “how”, caused by the crisis-driven emergence of the flexible remote workplace, has impacted productivity, culture, employee well-being, staffing strategy, and office space in unprecedented ways.
The pandemic has accelerated digital transformation, according to recent studies of C-suite leaders. But leaders need to take a business-centered technology approach to ensure their faster transformation train doesn’t go off the rails, and instead delivers strong returns for the business.
Despite the detrimental economic effects of the pandemic, technology investment is holding steady and even increasing, according to recent studies of C-suite leaders on digital transformation.
In a new content series, Lexico looks at the trends pointing to the alignment of technology and business as being key to strong returns.