238  Blockchain

• The roles and responsibilities of each function should be defined for

the target operating model.

• A leadership team to run the function should be clearly defined.

• There should be a clear definition of the business process for the target

operating mode and interaction between each function. The goal must

always be to create value for the customer.

• There should be clear definition of Change and Run budgets and what

it will deliver. Change budget is for transformation of the organisation

including innovation, developing new platforms/products, changing

the business processes and so on and finally how to improve customer

satisfaction and value. On the other hand, Run budget is to operate

the Business-as-Usual (BAU) operations of the organisation to main-

tain and operate existing business.

• The following template is the best example of the IOSpeed operating model

to launch a Digital ART marketplace based on blockchain technology.

Evaluation of strategy execution

Evaluation of the strategy execution is necessary to showcase the delivery of

the strategic outcomes and also to learn lessons from the whole journey. In

a complex transformational programme, no one can achieve the outcomes

without risks/issues and also mistakes. The recommendation is to assess the

journey to design, manage and execute the objectives.

The following is the critical evaluation of the strategic execution:

• It is essential to evaluate if the programmes delivered strategic out-

comes and also within allocated budget. Learning from past mistakes

on missing targets as well as budget allocations is essential for future

success of the strategy execution

CEO, CIO, CFO – Strategy, growth and transformation

Strategic initiatives

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Engineering

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Shared services

Blockchain

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Head of strategy

Strategic delivery

manager

Strategic

partnerships

Blockchain

consortium

partnerships

Regulatory

engagement lead

Cloud

engagement lead

Head of

marketing

Head of SMB

sales

Head of

Enterprise sales

Head of Government

sales

Head of fintech/start-

ups sales

Platform

engineering lead

Cloud

engineering lead

Automation lead

Blockchain

product owner

Agile lead

Software QA lead

Cyber security

lead

Customer support

lead

Capacity planning

lead

Product support

lead

SRE lead (site reliability

engineering)

Billing and license

management

Real estate

Data center

operations

Data

management

HR

Compliance

Legal

Training