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In our previous article , we illuminated the significance of businesstransformation for life sciences and healthcare organizations (LS/HCOs). Mapping the Path to Transformation Embarking on a businesstransformation journey requires strategicplanning, fostering a blend of vision, technology, and agility.
But the call for digital transformation really gained popularity after 2011 when Capgemini, in partnership with MIT, officially coined the term , defining it as “the use of technology to radically improve performance or the reach of businesses.” New: It all comes back to leadership and strategicchangemanagement, i.e. ‘transformation.’
Brkovich, who also teaches a financial management class for CIOs at Carnegie Mellon University, says, in his experience, the relationship between the CIO and the CFO is the most important relationship a CIO has. It’s too early in the process for him to talk about specifics, though, but these kinds of projects can be truly transformative.
The way women lead will become tremendously valuable as businessestransform themselves into social enterprises. ’ This does not mean that men can’t be great leaders in socially driven businesses. Women leaders tend to exhibit more social and emotional skills – sharing, caring, and putting others first.
A CBO, on the other hand, is more business-oriented and focuses on aligning cloud initiatives with organizational goals. It oversees cloud financial management, vendor relationships and strategicplanning. This approach focuses on using cloud capabilities to innovate, improve efficiency and create new business models.
Olivier Prestel CEO and ChangeManagement Specialist Olivier Prestel is a seasoned CEO and transformation expert with a strong international background, having lived and worked across Europe, Asia, and the US. He now advises businesses on leadership alignment, innovation, and scaling high-performance teams.
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