Perpetual evolution--the management approach required for digital transformation

Oliver Bossert and Jürgen Laartz (2017)

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.

Publisher: McKinsey

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

Digitalization
Enterprise Architecture