Run,
grow, transform… and ultimately propel your business into the digital future
Almost any business operating
today has undergone some form of digital transformation in recent years. It’s a
series of sprints within a marathon, and companies need to keep up to stay
competitive.
As a leader in your company’s
IT department, how do you balance upgrading the day-to-day functions to keep
your business operating with the desire to push your business in new directions
digitally?
It is possible, but only with
a solid strategy and lots of work. In recent years, a model of managing IT in
an enterprise—called the RGT model, it “supports IT portfolio planning and
investments in IT products and services”—was developed in the industry.
RGT stands for run, grow,
transform—the three buckets that IT work usually falls under while supporting a
company’s strategic objectives.
Let’s examine these three
themes:
Run
This theme is all about the
day-to-day—the bones of your company framework that need to stay strong to
operate and maintain your business. IT expenses that fall under this theme
don’t typically propel the business forward, but they deliver efficiency
continued operations.
Examples of this type of work
might be application management, support functions like a help desk, or
compliance work.
Grow
This theme looks at the
expansion and enhancement of IT systems. Usually these systems support business
growth or improvements to process.
If your company’s strategy is
focused on growth in capabilities or competitiveness, it’s likely that some of
your overall IT investments—including money, time and effort—will be focused on
this theme.
This type of work usually
incurs increased spending for these projects that help grow the business.
Transform
This theme is the one that
usually costs your business the most, on a variety of fronts.
It can be a risky theme
because these are usually where the big expenditures for innovative projects
come into play.
Work in this area is focused
on expansion into new markets or new audiences, and involves large teams and
large budgets in an effort to propel the business forward.
Using the run, grow, transform
framework can help IT departments in all industries to stay on top of the
digital initiatives that are taking place within their company.
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