Architecting a Shorter Time-to-Market
Take this short quiz to assess your digital readiness:
Are your business processes defined? (Business processes are the steps you follow in your day-to-day business.)
Are your business processes repeatable? (Can you reproduce a success you had last week by following the same steps this week?)
Are your most complex processes optimized? (Balanced for optimal performance, usually accomplished through automation.)
Are you optimizing both locally and globally? (It doesn't matter how fast you can make a widget if your sales channel can't sell widgets as fast as you can make them.)
If you answered yes to none of the above questions, you're in luck! You can benefit the most from undertaking a process improvement project. Experience shows that 80% of the benefits are derived from the first 20% of the effort.
If you answered yes to just one of the above questions, you're not alone. Most companies never make the leap from merely defining their processes to making them repeatable and optimized.
If you answered yes to two of the above questions, you might be better off than you realize. If your processes are both defined and repeatable, they are ready for digital optimization—both local and global.
If you answered yes to three of the above questions, your company belongs to the top tier. I don't have to tell you that you work for a company that is highly competitive and innovative. The task that remains is to be sure your digital optimization efforts are focused where they can do the most good, and you prevent allowing standalone, local optimization to defeat your global goals.
If you can answer yes to all four of the above questions, congratulations! Your company occupies rarified air indeed!