Steps For Planning And Executing Digital Transformation Training Ppt

Slide 1

This slide depicts the steps to digital transformation. The steps are designing new experiences and business models, developing a culture of digital DNA, applying new technologies to existing infrastructure, transition from gut to data driven decisions, and co-creating and co-innovating with new partners.

Instructor’s Notes: The steps to digital transformation are:

• Designing new experiences and business models: Make use of digital designs to create new experiences. Customers want outcomes and experiences while businesses continue to sell goods and services. In the digital world, this disparity in expectations only widens. Successful digital business models both reinforce and promote the brand promise
• Developing a culture of digital DNA: Strong leaders who are not afraid of cannibalizing existing markets and identifying new approaches are required for digital DNA. Organizations must also evaluate their inherent ability to thrive in a digital business environment and cultivate digital artisans. Organizations can instill digital DNA throughout the culture by using a framework for digital proficiency
• Applying new technologies to existing infrastructure: Digital does not imply the abolition of existing technologies. Introducing external data into internal systems generates new patterns, which provide better data for testing new business models. Businesses must take advantage of the opportunity to rethink the technology strategy to align it with the business goals of digital transformation
• Transition from gut based to data driven decisions: The heart of the digital transformation is data. Every touch point, click, and interaction generates a context-rich digital exhaust. Organizations require relevance to be delivered in real-time. The goal is to move from data to decisions by asking the right questions and anticipating future behavior
• Co-creating and co-innovating with new partners: No business can succeed on its own. An ecosystem of co-creation and co-innovation awaits businesses digital transformation. Organizations should participate in industry consortiums and build ecosystems centered on their self-interest

Slide 2

This slide illustrates the tips for a successful digital transformation journey. The recommendations include defining the end-line vision, getting top-management support, thinking people first, technology second, integrating data and AI (Artificial Intelligence) into all processes, etc.

Instructor’s Notes: The Tips for a Successful Digital Transformation Journey are:

• Define the End-line Vision: Many organizations fail to leverage new technologies and bridge the digital divide because they do not have a clear vision. They have short-term objectives but no long-term vision. Consequently, minor improvements and process tweaks are made, but the organization is constantly playing catch-up and is vulnerable to disruption from more agile competitors. A clear vision of where the organization must go and specific, measurable goals and objectives should be in place
• Get Top-management Support: Top management commitment is required for successful transformation. The C-suite must demonstrate leadership and communicate objectives and expectations of  digital strategies across the organization. Management must champion the digital strategy and demonstrate how the change will benefit stakeholders while also delivering on what has been promised
• Think People First, Technology Second: Simply providing your workforce with new digital tools to work with is insufficient. You must ensure that your team has the necessary skills and knowledge to use the latest digital infrastructure. As with any disruptive initiative, resistance to change must be considered. That is why it is critical to obtain top-level management support and orient the workplace to accept the change
• Transform based on Client and Consumer Digital Adoption Understanding: There is no return to a bygone era. Businesses have to bridge the digital divide to ensure that they can stay relevant, as customers, increasingly, take to digital technology. Organizations should align their transformation goals with their customers' needs and add value throughout the customer journey. This necessitates a thorough understanding of your customers' needs, preferences, the level of digital adoption, and expectations
• Integrate Data and AI into all Processes: Organizations have entered a new era of technological advancement. Previously, new technology was created and deployed to perform a specific function until it needed to be upgraded or replaced.  Technology like AI learns and uses data to become more efficient and effective every second. Artificial Intelligence can be integrated with other enterprise software to analyze data and make decisions on a minute-by-minute and day-by-day basis