Digital transformation

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Digital Transformation It is not an IT Technical project. It is a Enterprise Strategic Program!

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This is a first basic level introduction of what an enterprise must do when considering digital transformation.

Transcript of Digital transformation

Page 1: Digital transformation

Digital TransformationIt is not an IT Technical project. It is a Enterprise Strategic Program!

Page 2: Digital transformation

Strategic Because Customer is directly impacted

• The second the word “Customer” is uttered in the same breath as an “Enterprise”, the next word that must come to mind is the process that connects them.

• Especially for a digital enterprise, it is not enough to go by the traditional economic definition of a customer - “one who pays in exchange for the business offerings”.

• In a digital world, everything is connected and value is created across the chain. All are customers in a Value Chain and need to be connected in a Common Unified Process (CUP) to Create Value and derive the benefits from the business outcomes of the executed process.

• Have you connected your Employees, Clients, Vendors, Business Partners, Stakeholders, Shareholders /Investors and the Societies that you operate; in a Common Unified Process (CUP)?

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Stop Using the Word “Social” in

Vain• A Business Enterprise was always meant to be

social. You have probably just woken up to the fact. !

• Yes, it is more fashionable now to have the links of all the apps available on the web. That does not make you social. !

• What makes you social is how you are able to bring the customer into your organization and have a say on the Quality, Cost, Delivery, Service and Flexibility of your processes. !

• Have you thought about this? Is this the way you are approaching this social phenomenon?

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Customer & Consumer Experiences are different! • Have you configured the difference between a Customer and a Consumer in your business? • The Customer seeks Differentiation whereas the Consumer seeks Empathy. What mechanisms do you employ to distinguish them? • While the former provides you with competitive advantage, the latter affords you insights for innovation. • This is the real connection that you need to establish first, as part of a digital transformation. Are you ready for it?

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Narrative• The most important dimension for the

success of your digital transformation is a narrative.

• This narrative must emerge from your strategic intent and must flow through the Enterprise Processes to its activities, tasks and transactions.

• This narrative will allow you to differentiate for your customers and at the same time empathize with your consumers.

• It will thus mutually include what you intend as an enterprise; from Mind 2 Market and from Time 2 Market perspectives.

• Only this narrative that transliterates itself into the content that flows across your va lue cha in wi th every task and transaction that the enterprise conducts will yield value.

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