Speed is the ability to exploit emerging business opportunities by consistently bringing differentiating digital solutions from concept to market at the pace of the customer; and, it has become the new scale in the digital age as repeatedly highlighted by BCG, McKinsey, Forrester, Forbes, MIT, and others.
Back in the industrial age, business and IT executives were supported by an array of proven management techniques and tools – financial accounting, capital allocation, project management, and cost accounting among others – that allowed them to confidently govern technology investments to achieve greater scale advantages.