BUS 639 UAGC Week 6

Learning Goal: I’m working on a management discussion question and need an explanation and answer to help me learn.

Transformational leadership can be described as the ability to engage and create a connection elevating the level of motivation and morality for both followers and leaders (Northouse, 2018). As mentioned, transformational leaders do not cease to continuously grow and develop. Here are two additional streamlined changes to improve DargeanGrix’s processes.

  • Cloud-Based Communication: During week 4, the recommended change was to adopt a standard platform (Microsoft Teams) and replace old hardware. The next upgrade will be to transition from an organization-run platform to a cloud-based one. One main reason to switch to this method of videoconferencing is due to the reduction in IT operations due to “no infrastructure or hardware to maintain” (Shure, 2018). Besides the cost reduction, the information may be accessed anywhere with an internet connection and provide optimized processes for large organizations.
  • Interoperability integration: With Microsoft teams, there is the possibility to interface with Skype. But the current state, it cannot provide interoperability with other video conferencing platforms such as Webex, Cisco, or Zoom. Transitioning to an interoperability state would be tremendous. It would essentially allow top platforms to interconnect and seamlessly enter conferences without the need for any additional licensing agreements.

Goals for Suggestions: The goal for the suggestions would be to 1) Provide ease of use for existing and potential consumers, 2) Eliminate inefficiencies, and 3) Reduce waste. By creating a more end-user-friendly experience, it will greatly distinguish DargeanGrix compared to other VC firms. In doing so, it will create a greater competitive advantage for the organization. By integrating interoperability and basic the platform in a cloud-based system, it will nearly make it possible for anyone anywhere to connect for a consultation call to earn their business. Lastly, by reducing waste, it will improve revenue margins for the organization and provide more capital to reinvest in DargeanGrix.

Which Colleagues to Partner With: After reading through recommended articles, it is evident that CFO’s and CIOs are two of the top stakeholders to partner with to ensure successful transformation. But its not enough to get them involved, cohesive collaboration is the key to success. Findings from surveying 500 C suite executives conducted by Forbes Insight and Dell EMC, found that 89% of top leaders described lack of collaboration between CIO’s and CFOs as the barrier for IT transformation (Forbes & Dell, 2017). A way to improve collaboration between CIO’s and CFOs, is to have an outlined plan for both top leaders to develop key performance indicators (KPI’s) or metrics together (Orlando, 2018). This will allow for both positions to identify metrics, barriers to meeting metrics, and mitigation strategies to ensure KPI’s are achieved.

Forbes Insights & Dell EMC. (2017). IT transformation: Success hinges on CIO/CFO collaboration. https://i.forbesimg.com/forbesinsights/dell/dell_i…

Northouse, P.G. (2018). Leadership: Theory and practice (8th ed.). Thousand Oaks, CA: Sage Publishing.

Orlando, J. (2018). Getting the CIO/CFO relationship right. https://www.industryweek.com/leadership/article/22025554/getting-the-ciocfo-relationship-right (Links to an external site.)

Shure. (2021). Video conferencing technology trends shaping the future of communication. https://www.shure.com/en-EU/conferencing-meetings/…

Questions

1. Offer three suggestions or alternatives that could enhance ideas for innovation or improve the success of the partnership(s).

2. Explain why the suggestions or alternatives are relevant or could be useful for realizing the goal(s) identified

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