The Monticello team attended Gartner’s discussion on Critical Components Needed to Accelerate Your Digital Strategy in 2022. Gartner highlighted the Digital acceleration trends and elevated investments made by companies in the last two years under a global COVID-19 macro environment, based on a Board of Directors survey it conducted recently.
The four critical components included 1) Digital Strategy, 2) Information & Technology Operating Model, 3) Culture, and 4) Technology Foundation. Creating a meaningful and actionable digital strategy is the very first step towards accelerating a digital journey. The other three components are the “enablers” of the digital strategy, focusing on people, process/operating model, and technology pillars in the follow-up execution framework often used in the industry. Companies should optimize and allocate their limited capital and resources based on their current digital enablement landscape and layer on top of it their optimization and transformation initiatives, aligning to their firmwide strategic direction, drivers, and portfolio of programs.
At Monticello, our consultants continue to participate in industry thought leadership events to ensure our clients are advised on emerging digital trends and the leading practices on how best to design digital journeys, optimize digital assets, and transform their business. Monticello has deep experience working with our clients across the financial services industry helping them run successful change the bank initiatives. We look forward to working with our clients to support their digital enablement, optimization and Transformation initiatives in 2022 and beyond.
