An 8-step guide to embarking on a modernisation project

1. Assess your current state

Start by evaluating your current systems to identify outdated technologies and performance bottlenecks. Assess areas of risk, such as security and compliance gaps, and set specific, measurable goals for your modernisation project.

2. Prioritise what matters

Once you understand your system’s weaknesses, prioritise the areas that need immediate attention based on their business impact and potential risks. Focus on the systems that offer the greatest return or mitigate the biggest risks first.

3. Assemble a cross-functional team

Building a successful modernisation project requires collaboration across departments. Assemble a team that includes experts from infrastructure, development, design, product, and business units. This ensures diverse expertise and perspectives are considered, helping you navigate technical complexities while aligning with business goals.

4. Secure stakeholder buy-in

Present a clear business case to key stakeholders, highlighting the benefits such as improved performance, cost savings, and enhanced security. Securing their support ensures you have the necessary resources and alignment across teams.

5. Develop a roadmap

Create a detailed roadmap that outlines the phases, milestones, and timelines for the modernisation project. Start with a small pilot project to validate your approach and use agile methods to allow for continuous improvements and flexibility.

6. Begin the project

Once the roadmap is in place, start executing the first phase of your modernisation plan. This might include rehosting, refactoring, redesigning, or rebuilding selected systems. Begin with a pilot to minimise risks and ensure your approach is sound. In this phase, clear communication and tracking of progress are key.

7. Monitor and measure progress

As the project progresses, regularly monitor performance against your initial goals. Use metrics to track system improvements, and keep stakeholders informed of your progress to maintain support and ensure alignment.

8. Iterate and expand

Based on the initial results, refine your approach and expand modernisation efforts to other areas of your product. Modernisation is a continuous process, so remain adaptable to ensure long-term success.

Planning for success

While these steps provide a solid foundation for any modernisation project, there will always be bespoke elements to every setting and product. Proper planning is crucial to ensure a process that fits for your project and to mitigate risks. The success of an upcoming modernisation can very well be determined and improved by the decisions you make today.