“Flat World”, a term popularized by Thomas Friedman's book "The World is Flat", is often used to describe changes arising out of emerging economies, changing demographics, technology ubiquity, and increased regulation. Companies need to shift their operational priorities to gain from the opportunities and avoid pitfalls.
Role of People in a Flattening World
Competing in a Flat World is not just about changing strategies and operations. It is about changing the business mindset of people within the organization. There is also a need to change one’s perspective toward innovation. Earlier, innovation was primarily confined to the silos of the enterprise and took long time cycles. The move today is toward sustained incremental innovation across enterprise boundaries.
Catalytic IT - Enabling people and enterprises to win in the Flat World
Catalytic IT Solution Suite - Proven offerings on the Microsoft Platform
CIOs must enable their companies to compete and win in a Flat World. For this, they need to empower people by providing them with solutions to carry out their tasks. However, many CIOs today spend up to 70% of their IT budget on 'running their business' or 'keeping the lights on' and about 30% of the budget on 'innovating and growing the business'. It is time to change this mindset.
Infosys and Microsoft are jointly helping companies on this journey through Catalytic IT, an IT-Led business transformation program. Through a suite of proven offerings across four dimensions - Legacy Modernization, Infrastructure Optimization, Enterprise Collaboration and Business Decision - Catalytic IT enables enterprises and people to win in the Flat World.
Learn more about Catalytic IT offerings