Some Fundamentals for a Successful Digital Transformation
It's not only about technology when it comes to digital transformation. It takes a lot more than finding qualified vendors and providing some user training to be successful.
Fremont, CA:It's not only about technology when it comes to digital transformation. It takes a lot more than finding qualified vendors and providing some user training to be successful. These projects cannot be placed simply in the hands of technology leaders and IT workers; they must include a varied group of ecosystem players. A shift in focus is sorely needed by businesses. They must do more than just put technologies in place. Leaders must motivate and empower their entire business to reinvent their work environment, customer needs, product offerings, and even the enterprise's mission.
Some fundamentals of a successful digital transformation in an organization are:
Innovation is not the same as digital transformation
Over the past decades, the rate of digital innovation has been nothing short of astounding. With today's modern technology, such as robotic process automation, machine learning, cloud computing, and so much more, it's easy for leaders to become overwhelmed by the endless possibilities. Digital transformation, on the other hand, isn't about innovation. It's all about getting greater business results.
Resistance is the first obstacle that every transformation must overcome. The status quo always has inertia on its side and never gracefully relinquishes power. There is no such thing as a monolithic corporation. There are always pockets of energy to be found and capitalized on. Businesses must always begin in an area where enthusiasts outnumber non-enthusiasts.
Starting with a fundamental shift
A feeling of vision and destiny drives every shift. Change leaders can strive to communicate that vision, but it's typically tough for people to grasp the potential and overcome their natural loss aversion bias. Before buying in, many people need to see the concept succeed. As a result, companies choose to begin with a keystone change that can pave the path for further transformation.
Use digital transformation to redefine the corporation
Technology is a means to an end and not an end itself. It should serve the enterprise rather than the other way around. The true value of digital transformation cannot be realized by a single endeavor. The end goal should be a complete business transformation that changes how the company generates, distributes, and collects value in the marketplace.