The Agility Imperative Sparks a Modernization Moment

As organizations transition from 2020 to 2021, the emphasis has shifted from making resolutions to taking concrete actions, particularly in the realm of digital transformation and business agility. The challenges of the past year, including the COVID-19 crisis and business disruptions, have highlighted the need for genuine agility, as superficial attempts at digital transformation have often led to stalled projects. According to a McKinsey study, only a small percentage of companies have seen significant improvements from digital transformations due to issues like pilot stalls and cloud gridlock. To overcome these challenges, the text suggests focusing on business applications with clear value, investing in automation, and moving away from superficial "lift and shift" approaches. Successful modernization requires strong leadership and a bold vision, alongside organized, scalable strategies like using platforms such as vFunction for automating and assessing legacy applications, and fostering a culture that embraces change and modernization across the organization. This approach not only enhances business operations but also boosts team morale and employee retention, driving higher engagement and organizational advocacy.