Technology ≠ Transformation. There is no 1 to 1 corelation between having good technology & being able to transform your organization. In some cases if you have too much work happening under the hood, aka tech you are likely trying to leap to digital from a vastly analogue world
The real villain that most Csuite folks dont get is, Technical debt.Everyone in tech wants to tackle it but nobody plans to tackle it in the Csuite. That because the common misconception is that hire more people build more software, launch more apps, all will be well. Sadly not.
How many times have you seen seen any parts of time/budgets reserved to pay back an orgnanizations technical debt. So before we jump into further mechanics of what the problem is and a likely solution, here is what technical debt means.
Technical debt (also known as design/code debt, but can be also related to other technical endeavours) is a concept in sw dev that reflects the implied cost of additional rework caused by choosing an easy (limited) sol now instead of using a better approach that would take longer
If it sounds familiar to you/your organization,you surely aren't alone. Now mix in Cultural debt which is even worse. Especially in larger & older organisations with legacy systems & people. Combine all of these and it becomes Org Debt. This is what distracts CxOs from progress
When orgs are buried under "legacy mountains" quick solutions seem like progress But real progress comes from micro-production. Build fast, but accurate, fail fast but due to discovery not due to solving the wrong problem,ie discovering what else needs to solve for process issues
Along the way if you don't modernise you will see dwindling talent pools for legacy systems which will take you further from transformation goals. You will be left with systems, whose underlying process objectives no one knows or worse, left with users who don't know why these
systems work the way they do,or what the impact of changes to systems or process will mean to the wider organization.Transformation done right is to understand all these value levers on day one and prioritise to solve for them vs building new software to automate crappy processes
CXO Challenges remain :
1) Defining the Path from A-Z (start of tx to end of tx)
2) Board buy in viz a vi board ask to build more software
3) Reduction of technical debt by allocating budgets to it
4)Empowerment to execute cultural transformation
5) Access to process champions
Seems logical and easy on Paper. In practice not as much. This is compounded when boards favour consultants over common sense and over index on technical solutions or software to fix whats not broken. U only have to look at all the dodgy software being pushed as a panacea
Just throwing in buzz words & doing design workshops and Persona mapping etc only goes so far when you dont internalise the personas of the "real users" the employees of an org. When u build fast u also get Poor UX, which is often a symptom of a lack of UX expertise/understanding
Methodologies and frame works are great, for eg. Agile only provides a part of the puzzle. You still need great talent and leadership to understand how to deploy all these things. CDOs/CIOs/TX Experts cant do any thing in isolation.Transformation must be an Operational mandate
as much as it is a CEO mandate or board mandate. Till you pair the the right operational grit with the right TX empowerment or ownership you will get back to point 1. Too much technical debt. Its a vicious circle. If you are starting down the path of digital transformation
understand that it is Organisational transformation, HR Transformation,People & Ops transformation,Cultural & Board Transformation in the end its swimming against the current, best to have the right gear along with the knowledge of the ebb and flows of the organisational currents
Test the waters, apply the 80/20 rule but go for the jugular. Meaning fix the core vs fixing the optics. Optics distract, core enables. The methodology to use is not to unwind all of the ends of an Org but fractional pieces that deliver 80% of the value with 20% of the fixes.
Empowering teams is your biggest tool. Some times there isn't enough time. In that case bulldoze through the process to find aspects that will provide the 80% so you have bottom of the pyramid buy-in. People see what they use and use what works. So if it works you get buy-in.
The deeper problem is across functions due to near-term bias in action/Csuite horizons. If you don't solve for that, you will be building body armour for an ant @rebootdude @jehan_ara @Huk06 @fmsheik @TalhaIzhar @raza_matin @babushka99 @shahjahan_ch @nabeelaq @Ash_Kalim @alinawab

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More from @faizansiddiqi

12 Dec
I want to help new founders get off to the right start in 2021. Be a deliberate thinker & actor. Don’t react- pro act. Pre empt. Have a model of how you think positive outcomes work. When data stops meeting reality. Re calibrate. Be intentional. Build frameworks act on them.
What is it that will make a Prosumer Product say product X successful?Is there a gigantic white space for it to succeed? Why doesn't any thing exist in the space? If you operate like this and have some thing viable to show for it we are in business.
I’m increasingly interested in startups that are like hybrid dev shops for a particular industry or sub-industry. The food verticals are all primed for growth.The national craving for $earnings should incentivise local players to start looking at export validated by local growth
Read 11 tweets
11 Dec
If you think startups get over night success, re evaluate your thinking. If you are frustrated to read all the stories across twitter etc over how people got in on AirBnB,DoorDash & the Slack IPOs it didn't happen by being on the sidelines.Invest now in Pakistani tech startups
or forever hold your peace. We are at an amazing cross roads where technology continues outperform and eat traditional investment opportunities globally. Tech will also solve for many troubles that Pakistan faces today. Invest in the young talent that will solve for the new PK.
To grow with the startups you have to grow the ecosystem. If you only engage in coffee banter; discussing why startup A will fail & why startup B will fail, all you're doing is working against your self & the ecosystem.This is the new world. Data isnt the new oil, it is the water
Read 10 tweets
11 Dec
Thanks @jehan_ara this is always a two way street. You get what you invest in. I have been exceedingly lucky in having some of the best mentors one could ask for. blog.chinookstrategy.com/on-being-so-fo… If you are so inclined you can read more about that here, notwithstanding some lessons
A great mentor is more beneficial than first money or any money in. Look for mentors who prioritise your successful outcomes vs their social media updates. The same test applies to all things in life, if you are going to help some one make sure you leave your camera at home.
Any one who you respect can be a great mentor if you look up to them first because of the individual traits they have vs how $ successful they are. Most folks make the mistake of looking for mentors or seeking help from those who are more socially mobile or visible or rich.
Read 20 tweets
9 Dec
Digital transformation as a service. Has the time come? I'm fairly confident that transformations time has come at large to be offered as a service. From process to operations to change management. Digital is a small construct in the large scheme of things. Digital enables it.
The issue with transformation is, It is painful. For all parties concerned. The folks who end up being blockers of new process n transformation agenda either succeed or die trying. But with that push n pull the disarray caused in any organization is akin to a toxicity shot.
When u inject any thing its reaction time is faster than taking oral drugs. Hence if u don't manage the toxicity element as an outcome of the change an organization is going through, either your process vitals will fail or you will need so many steroids to recover
Read 15 tweets
8 Dec
If 2020 was your year of complaining you truly missed out on the ability to start some thing without
1)A VC
2)Build a Nocode product
3)Engage with millions 4 free
4)launch in under $500 & scale
5)Go global
6)Diversify your income
7)Have a side hustle by using other ppls channels
Other people's channels are interesting if you have your eye on the unusual. Like when The Queen's Gambit came out on Netflix, the popularity of chess skyrocketed.From 200%+ jump on searches on eBay to online chess platforms seeing a 40% rise.With over a Billion app downloads
The game became a sleeping giant. The show came out in October if you are some one who follows trends you saw a spike and you capitalized. If you didn't here's where u start looking for trends. Trends.google.com and an other place
Read 16 tweets
27 Nov
Companies like countries can't run on dumb people. A company is typically a microcosm of a country & its people. If you expect certain out-of-the-ordinary characteristics in a company that aren't true to your country you are in for a surprise.
It's akin to praying for a diff outcome when u know it's not possible. No country can escape poverty with bad economy, A working economy is a developed economy. You don't grow companies by saying "pray for xyzs growth" why do the same for your country? It has to start by stopping
That's counterintuitive how can u start something by stopping. It's simple just like we must stop hiring dumb folks in companies we must stop voting dumb people into government. When shit happens, they'll say "pray for PK" prayer isn't the way out of poverty or unicorns.
Read 16 tweets

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