Intelligent Fin.tech Issue 11 | Page 68

CHEQUING OUT

entire business and requires the attention of diverse leaders . Although it may seem like the IT department takes on the brunt of the work , they should not be left to deal with Digital Transformation in a silo . Instead , as the IT team onboards new technology , other leaders should work together to create processes that will enable the organisation to continuously restructure and adapt to future innovations and technologies .
Ensuring this across-team approach to Digital Transformation is crucial for shortterm and long-term success .
Digital Transformation extends well beyond simply adopting new technologies ; it is a fundamental change to the entire business and requires the attention of diverse leaders .
Likewise , leaders must remember that Digital Transformation is not one project to check off the to do list . Rather , it is an ongoing process to perform in sync with your business ’ s operations and goals . Trying to plan for the day when you are ‘ on the other side ’ of Digital Transformation is planning for a day that will never come .
This forward-thinking mindset is also key when considering technology partners .
Because Digital Transformation is an on-going process and thus irrevocably linked to your business ’ s growth , it is not a singular entity you can outsource to a third party – at least not without risks .
Eric Lefebvre , Chief Technology Officer , Sovos
Obviously , the biggest risk of outsourcing is low quality . But even with good-quality
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