BUILDING A DIGITAL ORGANIZATION IN THE NEW DIGITAL INCUBATION BUSINESS OF PT. BANK MANTAP JAYA

• Main Author: Wijaya, Hengky
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/53356
• Institution: Institut Teknologi Bandung

All aspects of our lives are being transformed by fast and accelerating changes in technology, customer preferences and employee expectations. so as to survive and succeed, businesses must, in turn, transform how they're operating. Becoming an agile organization enables a company to boost fastness, better respond and adapt to customer needs, enhance efficiency, and interact and empower employees. An agile company will potentially deliver higher returns to shareholders. New technologies, evolving customer preferences, and changing employee expectations are fundamentally challenging established ways of working in additional sectors. it's time to maneuver beyond a rigid hierarchy, siloed business units, crippling bureaucracy, and an increasingly unwieldy matrix. Agile organizations combine the efficiencies of scale with the speed, flexibility, and resilience to compete and win in today’s world. Embarking on an agile transformation could be a significant undertaking, but the advantages are great. Agile organizations move faster, are more adaptable, and foster ownership mindsets, leading to greater productivity and reduced cost. We believe the principles of agility are applied across the entire organization, beyond just the IT department. An agile transformation looks throughout the organization to search out specific areas where an agile operating model can unlock value. As an example, agility in innovation or new-product development can help a corporation quickly move from idea to prototype in an exceedingly fraction of the time it takes today. Agile organizations combine stability with flexibility. Stable elements provide direction and an efficient and scalable backbone. A network of dynamic teams then radically increases speed, flexibility, and ownership. The stable and flexible elements reinforce one another, and both are essential for a truly agile organization. To survive the tight competition, the company must also transform their organization to have dynamic capabilities. (McKinsey, Enterprise Agility, n.d.)