Digital Transformation is on everyone’s agenda, or it certainly should be. To sum it up, Digital Transformation means using digital technologies to maximise business efficiency. From your employee onboarding process through to supply chain management, it’s about finding the best way for technology to drive your business outcomes.
Digital Transformation requires a shift in mindset. IT has historically been a support function but today, when all businesses are technology businesses whether they realise it or not, technology has become the enabler.
In the modern landscape of IoT, AI and robotics, previously ‘transformational’ technologies like cloud and big data have become fundamental. But as the innovative layer of tech quickly becomes the norm, how do organisations ensure they are staying current with their digital transformation?
The Cloud Transition – To unlock digital transformation, the cloud is vital. The last couple of years has seen even late-adopters park their concerns around public cloud as we see a growing confidence in it. Flexibility, cost efficiency, collaboration and security are all better enabled via the cloud so getting this strategy right at the outset is the first step towards digital transformation.
Think Like a Start Up – A lot of businesses move like tankers when it comes to digital transformation. They’re tied into long procurement cycles, tedious processes and heritage infrastructure. It’s now about opening up your business operation using technology. Pointless work, manual entry and paper work are ruthlessly eradicated in the start-up environment with focus shifted towards outcomes.
A Customer Centric Ecosystem – Digital transformation requires a new way of working across your entire business ecosystem. Treat your suppliers and partners in the same way you do your customers. Structure data effectively between your organisation and tighten integration of your systems to enable closer collaboration and more effective delivery. This requires groundwork but your suppliers will thank you in the long run.
Security and Digital Identity – No digital transformation can be complete without this. Your organisation needs to have a solid identity infrastructure in place, with strong encryption and two factor authentication at a minimum. Have an eye on GDPR and stay close to continually moving regulations.
Streamline Everything – Digital transformation demands a long term view. Analyse your business processes and don’t be tempted to automate everything. Instead look at inputs and outputs and tie your approach back to your original goals. You may have existing processes that are working for you, stick to these. At the same time, be prepared to scrap the ones that aren’t.
Change is difficult and with technology, the stakes will always be high. Digital transformation demands that you as a business and technology leader think beyond the project mindset. This isn’t a one off, rather an ongoing process to optimise your organisational performance potential.
If you want to speak to a team of experts about how you can transform your business, Get In Touch with Wolf Group today.