Three actions CEOs can take to get value from cloud computing

Three actions CEOs can take to get value from cloud computing

Leaders need to accelerate their journey to the cloud in order to digitize quickly and effectively in the wake of COVID-19.

If you are a CEO, you already know what the cloud can do for your business in a post-COVID-19 world. You’ve probably even told your organization to get you there already. So why is your move to the cloud1 coming along so slowly, even though you may have been talking about it for years? It might be because you and your management team have yet to take a sufficiently active role, or provide the air cover your chief information officer (CIO) and chief technology officer (CTO) need.

CIOs and CTOs are on the front foot right now thanks to their crucial role during the COVID-19 pandemic. That makes this a good moment to further elevate top-team support for the cloud enablement needed to accelerate digital strategy, the digitization of the company, its channels of distribution, and its supply chains—all of which already needed to be moving more quickly than they were.

The CEO’s role is crucial because no one else can broker across the multiple parties involved, which include the CIO, CTO, CFO, chief human-resources officer (CHRO), chief information security officer (CISO), and business-unit leads. As we explain in this article, the transition to cloud computing represents a collective-action problem—one that requires a coordinated effort across the team at the top of an organization. It’s a matter of orchestration, in other words, and only CEOs can wield the baton.

To find out more go to: https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/three-actions-ceos-can-take-to-get-value-from-cloud-computing?cid=other-eml-alt-mip-mck&hlkid=97565bc309524895aa68499a40653ce9&hctky=9534635&hdpid=7f943fe8-a501-4c15-bf46-ab6481b31be0