SME 10-minute guide to digital transformation v1

How to prosper in a world of disruptive change

a 10-minute guide to Digital Transformation for SME decision makers

At a glance

SMEs are major contributors to the UK economy.

But they have practical constraints in terms of time, skills and budget. Which means that there is a real danger that many could be swept away by the wave of transformational changes that are impacting the

world of business.

So I have written this short guide for busy managers and executives of SMEs and micro-enterprises. It explains in simple terms:

• How new technology is shaking up the world of business

• The steps you need to take in order to prevent your business from becoming a casualty of disruptive change

• The potential benefits of transforming your organisation into a digital business

• How to make a wise choice when selecting a consulting partner

Bill Harpley Founder and Principal Consultant

Naturally, I hope you choose Astius. We can bring the right blend of vision, pragmatism and technological know-how to your digital transformation project. But please read on and judge for yourself!

©2017 Astius Technology Systems Ltd 2 15th February 2017

The Fourth Industrial Revolution

The world is experiencing an unprecedented wave of economic and technological change. • Do you understand the impact this

will have on your career and your business?

• Do you have a strategy in place to take advantage of the amazing opportunities that will arise over the next decade?

• Have you any idea what will happen if you don’t have a strategy?

If you answered ‘No’ to any of the above questions, this briefing will help you prepare your business for the Fourth Industrial Revolution.


A trail of disruption

Whole industries have been impacted by a wave of disruptive players.

Are you ready for this?


Are you ready for the challenge?

According to a recent study by Microsoft 1

1. 44% of business leaders who were interviewed expected their business models to be obsolete within 5 years

2. There is widespread expectation among business leaders that their industry will be disrupted within the next 2 years

3. It is thought that about half of senior managers are unable or unwilling to make the necessary changes to their business which would allow it to prosper and compete in the future

(1) Digital Transformation: the Age of Innocence, Inertia or Transformation?, Microsoft, 2016

Do you recognise any of these sentiments?


Your digital journey

DENIAL AWARENESS ACHIEVEMENT

“It won’t happen to me.”

“It’s all HYPE. Just ignore it!”

“We’re doing OK, so why worry?.”

“Our competitors are racing

ahead! We need to catch up.”

“What about these new technologies? ”

“We need a programme of change. ”

“We’re pushing ahead with

our new business strategy.”

“Investment in skills and technology is starting to pay dividends.”

“Customers are delighted by our new range of products.”

Where are you on your journey towards digital business transformation?


The keys to business survival

Invest in new technologies

Upskill your workforce

Place good Design at the heart of your business

Rethink how you create value

Be open to new business

partnerships

Exploit new market

opportunities

These are the keys to digital transformation

You can use these

six factors to

benchmark your

progress towards

becoming a truly

Digital Business


Choose your strategy

START HERE

STAGNATION

SURVIVAL

GROWTH

Deny change

Accept change

Embrace change

Risk of going bust

Create new digital products and services for customers

Create new digital products and services for customers

Leverage fresh capabilities to enter new markets

You’ve run out of options

You’ve made progress but your options are limited

You’ve maximised your range of opportunities


Reap the rewards of success

Increased Revenues

Greater Customer

Satisfaction

Highly Skilled Workforce

Agile Business Processes

Growth Mindset

Improved Decision

Outcomes

Enhanced Business Efficiency

Greater Brand Value

These are just some of the glittering prizes which can arise from successful transformation to a truly Digital Business.


Failure is always an option

1. Identify beneficial technologies

2. Envision the future of your business

- Develop a new market strategy

- Design your business models

- Develop new products and services

3. Train your workforce in new skills

4. Design agile business processes

5. Implement chosen technologies

6. Integrate people, processes & technology

7. Monitor progress towards desired goals

We never said it would

be easy …

Go it alone if you want to.

• But remember that failure is always an option!

• A skilled consultant can bring vision, impartiality and vital expertise to the project

But which partner to choose?


Why choose

Astius Technology for your project?

Choose a consulting partner

Expertise in new technologies which benefit your business

Three things to look for Three things to avoid

Visionary thinking

Narrow focus on current generation of technologies

Holistic approach to integrating people, technology & processes

Clear vision of how digital technology can transform business prospects

Evangelical zeal for technology “solutions” and software “apps”

Lacks candour and tells you only what they think you want to hear


Brilliant technology

Design for people

Business focused

Act now to secure the future of your business


Get in touch 01273 906507 [email protected]

Is your business

ready to prosper

in a world of

disruptive change?

Together, we can

make it happen.

So call us now to

discuss the future

of your business.

The child becomes the man, innocence becomes experience

and the foolish conceits of youth evolve into wisdom.

But for all this knowledge, the only certain way to predict

the future is to create it. – Bill Harpley

Advanced System Technologies in Urban Spaces™


SME 10-minute guide to digital transformation v1

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Transcript of SME 10-minute guide to digital transformation v1