Perpetual evolution–the management approach required for digital transformation

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Jürgen Laartz    Oliver Bossert   

Companies that commit to continually updating their enterprise architectures can deliver goods and services as fast as Internet-born competitors do. Internet retailers can make crucial changes to their e-commerce websites within hours, while it takes brick-and-mortar retailers three months or more to do the same. Cloud-based enterprise software suppliers can update their products in days or weeks. By contrast, traditional enterprise software companies need months. Why can’t established companies move as quickly as their Internet-born competitors? In part, because they are limited by their enterprise architecture, which is the underlying design and management of the technology platforms and capabilities that support a company’s business strategies.

Published in 2017

Publisher: McKinsey

http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/perpetual-evolution-the-management-approach-required-for-digital-transformation

Date added: 09/03/2017

Digitalization    Enterprise Architecture