The good thing is that we have come up with a strategy for your digital transformation vision. Through a systematic framework, the digital transformation vision can be attained.
Here are the steps or phases to achieve your digital transformation vision.
The planning phase is all about developing clarity, pace, and control. Moreover, it creates a planned approach, agile and engaging.
It is important that you dedicate a period of time as a business for this phase.
All processes and interactions should work in harmony. As a result, it drives the business effectively moving forward.
Meanwhile, the vision needs to include priorities, ambition, and outcomes. Also, you should consider risks, investments, and overall enablers to the vision.
Yes, you need to understand your capacity to change. Moreover, you need to weigh in on the operational pain you will have. In addition, any technical debt and resource availability should also be considered.
This part of the process is about developing general fact-based insights and analysis on the market, as well as the company.
Furthermore, the insight will guide you to have well-informed decision-making for your strategy.
This is an importantstep to present profound insight. Also, to better understand the market dynamics and the situation of the company.
On the other hand, if not performed, this could lead to a “hunch” strategy rather than hard facts.
Strategy Development Phase
Things To Consider:
- How will business change? and the role digital has to play?
- Customer proposition and customer experience
- Training, tools, and empowerment to deliver the vision
- Budgeting and investing for costs needed to make the change a success
To sum up, any strategy should include:
- Targets should be transparent and can adjust with ‘agile’ execution methods. Each working together to bring benefits to the business.
- Clear objectives. Why? Because clear objectives provide your timeline and goals. It should cover short, medium, and long-term roadmaps.
To attain success, communication is important. Moreover, it is essential to effectively communicate with all stakeholders. Those who are involved in the process.
Furthermore, it needs to be done from the top to the grassroots.
Of course, you must not underestimate the communication element in your business. Why?
Well, there are a lot of failures before when transforming digitally. Not because of its strategy, but, because of the lack of communication. Thus, not getting enough buy-in across the business.
By collaborating and communicating at every stage, good things will happen. As a result, you ensure you will drive an understanding of why you are changing.
Also, there will be a clear understanding of how you are changing, what the results are and the profits it will cause the organization.
Perform, Measure, Iterate
After building the high-level strategy, it is now time to perform or execute. Also, you need to continue monitoring its achievements through a regular reporting structure.
The structure must be:
- Controlled: You need to present it through a proven framework, where time and cost are controlled by a powerful program management approach.
- Measurable: Guaranteeing success is measured to allow adaptation and iteration as needed.
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