McKinsey March 11, 2024
The journey to cloud is complex, demanding leadership, careful planning, and an agile approach to the unexpected.
Modernizing legacy systems and platforms can drive significant business value by enabling faster innovation, greater agility, and lower costs. Organizations take a variety of approaches to modernization, typically based on their specific situation, such as the current state of their investments, their risk appetite, and their time horizon. In this interview, we highlight one such approach, where Lincoln Financial Group transitioned its sizable legacy footprint to cloud within two years. Rob Klaczak, senior vice president and divisional CIO for life, annuities, and distribution, and Satyendra Kumar, vice president and executive sponsor and program lead, discuss Lincoln Financial Group’s transformative journey from decades-old legacy...
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