Considering a Digital Transformation Initiative? PLAN, PLAN, PLAN!
If your business is planning a Digital Transformation (Dx) project, you probably know by now that these initiatives take planning and commitment from all levels within the organization.
According to some estimates, the global digital transformation market is projected to grow to 1,009.8 billion dollars by 2025. So, if your team needed any more proof of the expansion of this strategy, you might look to this number to convince your management team that Digital Transformation (Dx) is, in fact, a very real and crucial aspect of future business success.
Many organizations fail to fully assess and plan for Dx. Plans must include a full picture of current technology and infrastructure and its capability to support this initiative, as well as the workflow, processes and activities currently used by team members.’
In this article, we discuss some interesting and crucial considerations for your business, in hopes of preparing your organization for its assessment and planning of the Digital Transformation efforts within the enterprise.
Benefits of Dx Implementation
- Improved efficiency within operation
- The agility to address changing customer expectations
- Improved product and services quality
- Identification of new revenue streams and channels
- Improved quality and reduced downtime
- Improved time-to-market and decision-making
- Improved productivity and workflow
- Improved performance and competitive positioning
Barriers to Dx Success
Commitment to the new initiative is crucial and, while most businesses anticipate the resistance of team members, and an unwillingness to automate, streamline or use new technologies, in fact, studies show that businesses that have implemented Digital Transformation initiatives have reported more resistance from CEOs, C-suite executives, and department heads, with middle managers and team members trailing far behind in their resistance to the idea. This does not mean the organization can ignore the concerns of the business user or the team leader but it DOES mean, the proposal for Dx must address the concerns of the upper management team which often relate to the budget for the project and the length of time it will take to implement the strategy. In order to address these concerns, the team must have a firm grasp on the benefits, the metrics and measurements of success, and a results-based presentation of improvement, competitive results, etc.
Another equally important barrier to success is the inability of many organizations to fully assess and plan for Dx. Assessments and plans must include a full picture of current technology and infrastructure and its capability to support this initiative, as well as the workflow, processes and activities currently used by team members (many of which will be manual and offline) and how these can be incorporated into systems and strategies to create a digital footprint and process for users to leverage. You will find more detail on preparing for your Dx initiative in this white paper, Preparing Your Business for Digital Transformation and Data Literacy.
‘According to some estimates, the global digital transformation market is projected to grow to 1,009.8 billion dollars by 2025.’
To get started on your Digital Transformation initiative, find the right IT consulting partner and engage Digital Transformation services that will set you on the road to success. Explore Digital Transformation and plan for your own success, with our article, ‘Your Business Can Enjoy the Proven Benefits of Digital Transformation,’ and ‘A Digital Transformation Initiative Can Improve Operational Efficiency.’
Original Post : Digital Transformation Does Not Just Happen. Plan and Succeed!