Are you ready to move away from deterministic build or buy?
Business executives see a need to deliver necessary high-quality business functionality faster in order to remain competitive and increase market share (or at least mindshare)
Published 16:52, 22 January 13
- Discover. This is where you can learn about how future business applications will help increase business flexibility and value by embracing future trends such as cloud, mobile, social collaboration, and elastic computing/big data.
You can also see how following the “buy plus build” paradigm helps you move away from the rigid and deterministic “buy or build” pattern. Selected perspectives — such as the future of business applications in verticals like banking and retail and horizontal capabilities like human resources — provide additional insight.
If you have determined where you want to go, you should measure the business impact of an improved application strategy. The playbook will also help you do things like assess your readiness to transform your application strategy and gain insight into business drivers and the future shape of selected industries.
- Plan. Here you will learn how advanced companies assess and envision their application portfolio. The plan phase of our framework starts by helping you identify or develop the key business drivers for your application strategy and investments, including a framework for measuring the ROI of these app initiatives.
You should first ground your application strategy in your key business imperatives to continue with optimising long-term application effectiveness and value. After you have done this, you’re in a good position to define the road map for transforming your application landscape.
This is also where Forrester highlights important case studies for successful application deployments as well as examples of where such initiatives fall short — and why.
- Act. To put your plans and strategies to work, you must employ the right people in the right organisation, work to optimise your business processes, and select the right technology. You should start by organising to deliver and manage application transformation.
Then you are in a good position to work on optimising business process, if and when necessary, and governing transformation. The phase also provides a framework for selecting and acquiring business applications software and related services.
If you need to select a packaged or off-the-shelf solution, we provide a methodology built from our hands-on engagement in dozens of application vendor selection projects. In addition, clients leverage our Forrester Wave™ research, which provides a detailed evaluation process to rank software solutions or service providers within a peer group.
- Optimise. The final piece of the puzzle is ensuring successful outcomes by managing and measuring the effectiveness of the applications, from adoption levels to value realisation.
Managing the performance of your business application transformation, business results, and application value are key ingredients of ensuring a successful transformation. However, the transformation journey should not come to a sudden halt: Continuous improvement is crucial to protect the transformation value and investment, so you will also need to manage business change to maximise adoption and success.
This research comes from the analysts of the application development & delivery team, as well as other role teams — and we are all here to ensure that your strategy is the best it can be.
Then choose the reports and other tools and materials from the four categories that best meet your needs. For a more hands-on approach to transformation success — with topics from preparing and planning transformation to vendor selection — use Forrester Consulting’s full-day and two-day workshops aligned with each phase of business application investment.