{"id":48310,"date":"2015-01-16T15:33:08","date_gmt":"2015-01-16T20:33:08","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=48310"},"modified":"2015-01-16T15:33:08","modified_gmt":"2015-01-16T20:33:08","slug":"i-wonder-if-this-is-true-for-higher-ed-as-well-running-your-company-at-two-speeds-bossert-laartz-ramsoy","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2015\/01\/16\/i-wonder-if-this-is-true-for-higher-ed-as-well-running-your-company-at-two-speeds-bossert-laartz-ramsoy\/","title":{"rendered":"I wonder if this is true for higher ed as well? &#8220;Running your company at two speeds&#8221; [Bossert, Laartz, Rams\u00f8y]"},"content":{"rendered":"<p id=\"rightframe_2_articleTitle\" class=\"mockH2\"><a href=\"http:\/\/www.mckinsey.com\/insights\/business_technology\/Running_your_company_at_two_speeds\" target=\"_blank\"><strong>Running your company at two speeds<\/strong> <\/a>&#8212; from mckinsey.com by Oliver Bossert, J\u00fcrgen Laartz, and Tor Jakob Rams\u00f8y<br \/>\n<em>Digital competition may dictate a new organizational architecture in which emerging digital processes coexist with traditional ones.<\/em><\/p>\n<p class=\"mockH2\"><em>Excerpt <span style=\"color: #800000;\">(emphasis DSC):<\/span><\/em><\/p>\n<p class=\"mockH2\" style=\"padding-left: 30px;\">The retailer\u2019s board responded by creating a new budgeting and approval process in which <span style=\"color: #800000;\">projects supporting major digital <strong>strategic<\/strong> thrusts are<\/span> <strong><span style=\"color: #800000;\">now treated separately from the rest of the IT budget<\/span><\/strong>. Solutions like this, in our experience, are an effective means of addressing digital timing challenges. <span style=\"color: #800000;\"><strong>Many companies need to create a two-speed architecture\u2014a <em>fast speed<\/em> for functions that address evolving customer experiences and must change rapidly, and a <em>transaction speed<\/em> for the remaining functions, where the pace of adjustment can remain more measured.<\/strong><\/span><\/p>\n<p class=\"mockH2\" style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"color: #800000;\"><strong>Make the digital dialogue more strategic<\/strong><\/span><br \/>\nSolutions like the retailer\u2019s work only if there is clear agreement on what constitutes a digital priority worthy of a fast speed. In our experience, that rarely happens, because <span style=\"color: #800000;\">far too often, the digital dialogue never becomes sufficiently strategic to galvanize top management.<\/span> At the retailer, by contrast, top management brought its budgeting challenges to the board, which approved the new, two-speed ground rules. Top management has also begun revising its agenda to elevate the importance of discussing strategic technology initiatives, including comparisons between them and other major thrusts, such as entering new regions.<\/p>\n<p style=\"padding-left: 30px;\">Achieving this level of dialogue often means changing mind-sets, such as the common one that IT spending is a \u201ctax\u201d required to \u201ckeep the lights on.\u201d &#8230;Once it\u2019s clear that <span style=\"color: #800000;\">certain types of technology spending are an investment in new business strategies,<\/span> it becomes much easier to agree that the resulting initiatives should be implemented quickly.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\"><strong>Evolve the organization<br \/>\n<\/strong>When the IT organization is asked to release new digital functions on a faster deployment cycle, it requires <span style=\"color: #800000;\">new levels of agility and coordination that may require substantial organizational change.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #800000;\"><em>Along these lines, see:<\/em><\/span><\/p>\n<p><a href=\"http:\/\/www.ecampusnews.com\/top-news\/administrators-online-learning-746\/\" target=\"_blank\"><strong>How administrators can enhance online learning programs<\/strong><\/a> &#8212; from ecampusnews.com by Meris Stansbury<\/p>\n<p><em>Excerpt<span style=\"color: #800000;\"> (emphasis DSC):<\/span><\/em><\/p>\n<p style=\"padding-left: 30px;\">Studying the <a href=\"http:\/\/www.cccu.org\/\" target=\"_blank\">Council for Christian Colleges &amp; Universities<\/a> (CCCU), Hoey and other researchers from Crown College, Fresno Pacific University, and Trinity Christian College examined the impact of administrative structure and admins on the outcomes of online student enrollment, number of online programs, and efficiency of online operations.<\/p>\n<p style=\"padding-left: 30px;\">What the study overwhelmingly found was that both admins and admin structure have <i>significant <\/i>influence, which could help \u201cprivate colleges gain a foothold in the competitive online market.\u201d<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">However, since around 2007, researchers have noted a move away from the fully-integrated model to one where <span style=\"color: #800000;\"><strong>online programs are operated and administered by an entirely separate academic division.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Running your company at two speeds &#8212; from mckinsey.com by Oliver Bossert, J\u00fcrgen Laartz, and Tor Jakob Rams\u00f8y Digital competition may dictate a new organizational architecture in which emerging digital processes coexist with traditional ones. Excerpt (emphasis DSC): The retailer\u2019s board responded by creating a new budgeting and approval process in which projects supporting major [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[112,3,180,74,20,212,11,299],"tags":[],"class_list":["post-48310","post","type-post","status-publish","format-standard","hentry","category-corporate-business-world","category-higher-education","category-innovation","category-leadership","category-strategy","category-surviving","category-vision-possibilities","category-workplace"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/48310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=48310"}],"version-history":[{"count":8,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/48310\/revisions"}],"predecessor-version":[{"id":48618,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/48310\/revisions\/48618"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=48310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=48310"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=48310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}