What is Digital Transformation
Digital Transformation is actually the same as Organizational Transformation. Just with more technology.
Transformation as a concept pops up with new technology or optimization concept, ever since the age of steam engines.
Information technology-based transformations started from early 1990s with business process re-engineering. Digital Transformation as a theme has been around since the mid-1990s. However, it gained true momentum from 2012 when connectivity became ubiquitous and the cost of switching became dispensable because of the prevalence of cloud services.
What is Digital Transformation?
Digital transformation is the process of using digital technology to delight employees and customers – change process, culture, customer experience, products and services, with unique engagements. It ends with a changed business and ecosystem.
Digital Transformation starts with what you want to achieve in the business environment you are in, devoid of any concern for current fiscal year targets.
Second, Digital Transformation is understanding that business models are getting disrupted rapidly; the pace of technology adoption is far higher than the ability to distinguish automatable processes from high touch processes.
Finally, Digital Transformation is how to convert the productivity gains (the swath of data about your suppliers, customers, and operations) into competitive advantage.
CISR and Gartner say that to have a digital ecosystem requires flexible systems and structures that can swap resources in and out and change partners based on shifting priorities. The resources mentioned here include IT assets and third party services to be integrated quickly to deliver the experience of Digital Transformation.
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Seven Levers of Digital Transformation
With each technological wave, enterprises generate transformation projects. Most often these projects fail in their first attempt, get resurrected repeatedly, until they succeed or give up.
We assert that Digital transformation requires 7 levers of change. These levers will reduce the number of failed projects, guide investment decisions, and create a set of products and services to seal customer loyalty.
Addressing each “special” snowflake
We have found that many organizations struggle to keep a focus on all the dimensions mentioned above. The delivery team gets laser focused on getting current tasks to completion, but loses sight of organizational objectives. There are members in the organization who are passionate about a technology, process, or toolset that are often sub-optimal.
However, a team whose sole focus is the success of the client will operate with none of the biases or baggage from elsewhere and guide the organization to conquer the transformation journey. Being in the people's business, finding the right set of people to become differentiators requires an outsider’s view to succeed in digital transformation.
Expect Failure
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