ORACLE
region , is making significant strategic changes to its operations to meet this threat , slowly transitioning most of its IT to the cloud . With its huge footprint and legacy , this isn ’ t something it can do overnight — or during a crisis — so it ’ s quite a compliment to its leadership that it has seen fit to undergo the complex transition now .
Force change throughout the organization : Whenever the new chief digital officer or chief innovation officer reports into the IT department , chances are that person is just an IT director wearing a new hat . Making those new titles report through operations , on the other hand , means the business is taking responsibility for changes that may begin with IT but must ripple throughout the organization . IT must be a tool in everyone ’ s toolbox .
Consider spinning off an entirely new entity : One of the world ’ s top airlines decided that it couldn ’ t turn on a dime . So in the face of increased competition from discount airlines , it spun off an entirely new airline to compete with the disruptors . Building from
180 June 2016