Conclusion 247
• During the strategy formulation process, use of blockchain technol-
ogy needs to be focused on delivering solutions to business problems
that are aligned to strategic outcomes.
• As discussed in Chapter 5, potential blockchain-based solutions
should go through a blockchain fit-score and feasibility framework
to make sure a right use case has been selected to use blockchain
technology.
• Once an appropriate business problem or strategic initiative has been
identified through the blockchain framework, the selected use case
needs to go through strategy formulation and execution methodolo-
gies as discussed in Chapter 6. Any strategic initiative selected to use
blockchain technology must deliver a strategic outcome and align to
the organisation’s vision and mission.
• Strategy execution should launch multiple programmes with key
deliverables, roadmap, timelines and budget allocation.
• As discussed in Chapter 6, one of the main initiatives highlighted as
part of the strategic formulation or execution was uplifting the skills
of the organisation. To be more specific, the skills of all employees
including the leadership team should be uplifted. Business and techni-
cal teams within the organisation should go through capability uplift
on innovative technologies including blockchain. This will make sure
that the organisation is ready to have a competitive advantage.
• Every programme aligned to strategic objectives must go through pro-
gramme management guidelines and governance to make sure that
the outcomes are on target and within allocated budget. This was also
discussed in Chapter 6.
• Every programme needs to create a business case for each initiative
to justify the budget allocation and also deliver the outcomes within
budget and timelines. This also makes sure that each initiative within
the strategic programme delivers an outcome that is aligned to the
organisation strategy. This was discussed in Chapter 7.
SUMMARY
In this book, we have gone through a journey with a deep dive on techni-
cal, business and strategic value deliverables of blockchain technology. We
appreciated the technical aspects of blockchain and how it is and will disrupt
the industry. Blockchain technology’s journey is going through unimagi-
nable transformation and within about 5–10 years will become mature and
establish mainstream adoption. As discussed in this book, blockchain will
disrupt every single industry as long as it is adopted on an appropriate use
case through appropriate due diligence.