How CIOs Can Successfully Lead The Project-To-Product Transition
InformationWeek, Tuesday, October 22nd, 2024
IT organizations are in various stages of their shift from a project-to-product-based delivery model. CIOs must understand desired outcomes, identify the key challenges with the shift, and the leadership approaches that support successful transitions.
With IT organizations in various stages of their shift from a project-to-product-based delivery model, it has become apparent to chief information officers that the business value of the product-based delivery model is paramount to their jobs.
Many CIOs are shifting their IT operating model to product-based delivery, with 87% of organizations using product teams to achieve business outcomes. This speed of adoption can be attributed to the improved effectiveness of organizations that adopt product management. The top 20% most effective organizations are 3.2 times more likely to use product teams that are measured on business outcomes than those who do not.