Three Actions CEOs Can Take To Get Value From Cloud Computing

At a Glance

• The decisive role of C-suite executives in a company’s digital transformation is crucial in driving business towards success.
• When it comes to the goals and benefits of cloud computing, CEO’s need to take charge and be involved in the strategies to make sure that the blueprint matches the company’s requirements.
• CEOs need to align with the CTO’s and CIOs to get the maximum advantages of cloud computing and make sure that the digital transformation journey is a smooth one.

The last decade has seen accelerated growth and transformation in various industries as they embrace the digital thread. There has been a pressing need for companies to streamline their processes and optimize their operations to go agile. However, the Covid-19 pandemic left a mark on every industry and made agility (along with flexibility) an inevitable aspect of business growth. To that end, companies are now looking to go for. This pandemic made remote working the new normal and thus advantages of cloud hosting became quite apparent. The benefits of cloud computing are many. Top executives are looking for ways to move their practices and applications to a better tomorrow.

These strategic moves have to start at the top to be cascaded down for maximum efficiency. This is where CEOs come into the picture as they can accelerate growth and take their companies on the path of agility and digital transformation while exploring the benefits of cloud computing.

‘Above 30%’ of the budget is a huge amount. When such a big investment is made by a company, a lot rides on the shoulders of the chief person in charge- the CEO. So, if you are a CEO who is guiding the company towards a path of digital overhaul and you wish to harness business & economic advantages of the cloud, you need to take certain decisive actions! Read on to know more about this.

3 Game-changing Actions CEO’s Need to Take When it Comes to Cloud Adoption

First, it is important to understand why the role of a CEO in cloud strategy is so important. In order to make cloud adoption a success for your company, as a CEO you need to strategize the transitional moves and make sure that all the cogs in the wheel are functioning properly for a smooth journey.

According to David Cearley, Vice President and Gartner Fellow, “Organizations that do not have a high-level cloud strategy driven by their business strategy will significantly increase their risk of failure and wasted investment.”

So here’s what you need to do to ensure your employees understand why cloud computing is important and your company can get the benefits of digital transformation:

Key Takeaways

• CEO’s need to look into cloud computing strategies from a long-term point of view and ensure that the company is allocated with the budget and resources for cloud implementation.
• Right communication is the key in migration to the cloud: the employees should get these communications from C-suite executives in order to develop trust and ensure adherence to governance guidelines.
• Simply implementing cloud is not going to generate value for a business. Higher-level executives (especially the CEO) need to take lead in the journey towards digital transformation.