Lean principles, design thinking, agile development practices, and advanced process-centric digital technologies can together provide a powerful and practical way to rapidly harness the revolutionary power of a successful digital transformation.
Lean principles focus on experimentation and quick feedback loops to rapidly reach “minimum viable solutions" for real market feedback. These principles simplify tasks and help teams focus on what really matters to achieve goals aimed at customer impact.
Design thinking fosters a deeper and more unconstrained understanding to unearth sources of business and customer value.
Agile development practices for software and application development favor short “sprints," frequent collaboration across teams, and modularized work to make projects more manageable with rapid time-to-value.
Advanced process-centric digital technologies are radically changing operational execution, interactions with customers, and competitive value drivers. Advances in cloud deployments, software-as-a-service (SaaS), big data, analytics, mobility, cognitive computing, robotics, and many other technologies offer tremendous new opportunities.
These methodologies and practices can be successfully applied to the digital environments of today's large enterprises in what Genpact calls Lean DigitalSM which focuses on the key end-to-end, action-to-data-to-insight-to-action execution that results in targeted business outcomes. Organizations can achieve a strategic digital transformation that surpasses expectations and exceeds their competitors' performance.