Artificial Intelligence (AI) is advancing, evolving and changing at lightning speed. It is nearly impossible to keep up with the changes, and to understand what, if anything, each of the new products and developments can offer to a business.
Studies reveal that Digital Transformation (Dx) in business supports Performance Management, Productivity and Improved Customer Satisfaction. But these same studies also reveal that there is resistance to the implementation of a Dx strategy. The results of business surveys revealed that resistance came from several sectors: 37% CEOs and/or Board of Directors, 32% C-Suite Senior Executives, 26% Department Heads, 18% Middle Managers, 10% Line Employees and 32% said ‘no one.’
‘The Dx strategy is not limited to large organizations. Small and Medium Enterprises (SMEs) and start-ups are also engaging in this strategy to improve results and to create an agile, flexible organization that can respond to changing customer behavior, competitive markets, and the need for team member technology skills and use.’
Given the reported benefits and advantages of Digital Transformation (Dx), it is important that your business consider the concept, and develop a plan to overcome resistance. It is not unusual for businesses to face resistance to culture change, updating or altering popular business processes and upsetting the status quo, or… the way we have always done it.’
When addressing concerns at the management level (which is where most resistance to Dx lies (see survey results above), it is important to use metrics. If you have a chance at changing minds, measurable results and the experiences of other businesses can be an important factor in convincing reluctant managers and executives to spend the time and money to make a change across the organization.
The following results illustrate the benefits of Digital Transformation (Dx) as reported by businesses that implemented the Dx strategy:
It is important to note that, as with any other meaningful enterprise change or upgrade, the organization will not change in a day! Technology changes, including artificial intelligence (AI), cloud computing, the integration of data repositories to democratize analytics for business users, the integration of the Internet of Things (IoT0, low-code, no-code development and other technology upgrades take time. The organization must address culture, business processes, approval loops, and access to critical hardware, software, networks and mobile devices in order to capitalize on the prospective benefits of Digital Transformation (Dx). This is an investment in the future!
The Dx strategy is not limited to large organizations. Small and Medium Enterprises (SMEs) and start-ups are also engaging in this strategy to improve results and to create an agile, flexible organization that can respond to changing customer behavior, competitive markets, and the need for team member technology skills and use.
‘Studies reveal that Digital Transformation (Dx) in business supports Performance Management, Productivity and Improved Customer Satisfaction.’
To successfully integrate Digital Transformation (Dx) into your enterprise strategy, your business will need a trusted IT partner to work with your in-house IT team, managers, end-users and others to understand requirements and develop a roadmap to roll-out the strategy, meet expectations and stay within budgetary and time constraints. Engage a skilled, experience IT partner today Digital Transformation (Dx) services, Augmented Analytics For Digital Transformation (Dx), and support for your development and technology needs.
Original Post : How Do I Convince Management to Adopt Digital Transformation?
It is impossible to listen to the news, read a business publication or browse social media without finding an article or story about Artificial Intelligence (AI).
If your enterprise wishes to consider AI in analytics, and plan for its future potential and growth, it is wise to first understand the state of the technology today, the various ways in which AI can inform and improve analytics for your business, the factors you will need to consider to choose the right analytics solution and the things your business should include in its vendor and solution review.
Digital Transformation (Dx) may seem daunting, but with the right planning and execution, a Dx project will reap many benefits for your business.
According to a survey of businesses regarding Digital Transformation (Dx), 40% of respondents reported improved operational efficiency, 35% reported that it was easier to meet changing customer expectations, 26% said Dx improved product quality, and 24% said Dx reduced product development costs.
When it comes to implementing a Digital Transformation (Dx) initiative, your IT team and senior executives probably don’t need convincing! Consider the recent IDC survey results about Dx:
When a business makes the decision to take on a Digital Transformation (Dx) initiative, there is a lot of planning involved. The enterprise cannot simply declare its intention and leave the rest to fate. It must plan carefully and include all crucial components if it hopes to succeed and to launch this initiative in a timely manner.
The term ‘Digital Transformation, or Dx, is everywhere today. If you have heard the term, but you’re not clear on its meaning, Digital transformation is a business initiative that adopts a customer focus by taking a digital or technology-driven approach to business. This approach includes business processes, software and solutions used to create concepts or products, complete tasks, work through approvals, manage projects, monitor, and manage suppliers, equipment, teams, etc. In short, every aspect of the business from business structure and models to customer interaction and operations. Digital Transformation technologies may include artificial intelligence (AI), ERP systems and solutions, private or public cloud environs, and digital solutions for augmented analytics, BI tools, workflow management, HR, product design, etc.
In recent studies, 49% of the organizations surveyed about Digital Transformation (Dx) initiatives reported that Dx gave the business the ability to better manage business performance through data availability. When it comes to Digital Transformation strategies, the wise enterprise knows to involve its team members in the requirements planning and in planning for execution and transition.
