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Change Management

Digital Transformation Objectives

What are your digital transformation objectives? What are some of the things that you can achieve by doing this journey? To help you, keep on reading this article.

Digital Transformation Objectives

Before doing any digital transformation efforts, companies first need to define the objectives they want to achieve during the journey. This is the time when they need to think through the reason why they are doing it. The objectives should not be too general or ambiguous. 

It can be something like transforming your business model, getting a better customer experience, creating new products and services, improving your operations, reducing costs, etc.




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Then, a roadmap will help you determine the specific steps that you need to take to achieve your objectives. You can’t just transform your business into a digital one overnight; you need to create an action plan for each stage.

Next up is integrating technology and innovation. This is one of the most important aspects of digital transformation because it entails acquiring new technologies and using them as part of your business model.

Companies have been using technology as a core factor for their success since they were established centuries ago. Nowadays, the world is changing so fast that if you don’t embrace new technology as a key strategy for business growth, you’ll become obsolete very soon.

Lastly, you have to set up a team to help you manage everything involved in the journey. However,  different types of teams should be created depending on the objective and scope of the project. 

For example, a digital transformation program manager will be needed by a big company if it needs to transform its entire business from scratch. On the other hand, a digital transformation team may consist of only one person if there are only minor changes needed to be done.

Digital Transformation Tips for Companies

To succeed, your company should be ready to embrace new technologies and implement them within your business model. You will also need a digital transformation team to help you manage the program effectively.

Small businesses can benefit from this transformation too, but they don’t need a big team to help them achieve their objectives. For instance, if they want to transform their website into a digital one, then they only need a web developer who knows how to do it. 

In the end, don’t forget that you should continuously analyze your results from time to time. This way, you’ll know if your digital transformation program is working or not.

Also, companies will benefit if they don’t just focus on the technical aspect of the program because technology alone won’t help them achieve their objectives. You have to take into account other aspects like your processes, customer experience, products, and services, etc.

Lastly, you should also remember that you need to have a clear vision first before doing any digital transformation efforts. This way, you’ll be able to determine the things that should be done during the transformation program.

Last Words

As you can see, digital transformation is crucial for companies because the world is changing so fast nowadays. So, if you want to stay in the game, then you need to embrace the latest technologies and implement them into your business model.

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Change Management

Data and Digital Transformation

Data and digital transformation need to come together if companies want to reach success. There are various kinds of data that they can use for this. To know, then keep on reading.

Data and Digital Transformation

Data is becoming more and more important as digital transformation happens. It is said that if a business doesn’t have a data strategy then they are doomed to fail. The data can be applied for various things, such as to improve the business, provide better customer service, and also improve the decision-making process at work. 

There are various kinds of data that can be used in digital transformation. Here are some of them:




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  • Data from customer service. A lot of companies use this data to know what their customers want and need. 
  • Data from social media. This data can help a business a lot especially if they know how to use it properly. 
  • Data from mobile apps. Through mobile apps, businesses can know what their clients want or need, and they can also deliver the products through mobile apps. 
  • Data from wearable devices. These devices are becoming more popular nowadays, which means that businesses can utilize these devices for various purposes. 
  • Data from the Internet of Things. The Internet of Things is all about connecting more things on the internet via sensors, which means that businesses can get more data through sensors in comparison with past methods. 

All of these kinds of data can help businesses improve their services in many ways. They can also help in decision-making processes in various ways.

How can data help with digital transformation?

Data Helps Digital Transformation

Data can help in a company’s digital transformation in many ways. First, data can help in managing the current systems. It can also help in creating new systems that will suit the new digital environment. Moreover, it can also help in providing better data structures and new data structures.

Then, the right data can also provide them with new products and services. It can also help in the development of products and services. Furthermore, data can help in finding new clients and customers. It can also help in improving the current products and services.

Data can also help in improving the company’s reputation. It can also help in branding. 

In addition to that, data can also help in making the company more efficient overall. In fact, data is one of the most important factors when it comes to transformation.

For a company to succeed with its digital transformation, then they have to have a data strategy that they can follow too. This means that they have to have all of the important data that they need to make the right decisions at work.

Data is very important for digital transformation. Without data, then businesses won’t be able to compete in this digital era. They also won’t be able to reach success without the right kind of data.

Conclusion

So, if you want to be successful, then you have to make sure that you are getting the right kind of data. You have to make sure that you are getting the right kinds of data, which will allow you to succeed.

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Change Management

A Digital Transformation Vision Statement

A digital transformation vision statement is important to make so that companies will know where they plan on going after the journey. What should you include in yours?

A Digital Transformation Vision Statement

What is a digital transformation vision statement? It is a vision statement that describes what a company wants its future to be. The purpose of a digital transformation vision statement is to guide the company along its digital transformation journey. It should describe what the company plans to do, as well as the steps they will take to get there.

Also, a vision statement is going to be different for every organization, because every organization is going to have a different purpose and different needs. However, a few key points should be addressed in every vision statement.




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A vision statement does not have a set format or a set length. It does not have to be long or short, detailed or vague. It can be as detailed as needed. However, it should be clear and concise.

A Digital Transformation Vision Statement: What to Include

The first thing that you want to include in your digital transformation vision statement is your company’s reason for going through atransformation. There are many reasons why companies choose to go through this change, but there has to be one main reason that drives you towards this change.

This reason can include any number of things, including increased revenue, improved customer loyalty, improved customer experience, improved services provided, etc. This reason will help your team stay motivated and confident in the mission that they are trying to accomplish.

Next you will want to include your company’s vision for what you want your organization to look like after this process has been completed successfully. This should include any changes that you anticipate will happen if your plan goes as intended. This can also include things that you hope to accomplish with this change, or how you hope customer loyalty will increase or decrease after the process is complete.

You may also want to make sure that your team knows what challenges they may face on their journey towards digital transformation . These challenges could include any barriers they may encounter on their journey (such as lack of resources or lack of buy-in from employees). If these barriers exist, you will want to make sure that there are plans in place to overcome them if needed.

This is an extremely important part of this vision statement because it helps your team stay prepared for any roadblocks they may encounter on their journey so they know what they need to do if any problems arise during their transition.

Once you have created your vision statement, it is important to share it with the entire organization so everyone knows where they are headed and why.

The Bottom Line

As you can see, writing a good digital transformation vision statement is fairly simple. It does not take too much time or effort, but it is important to make one. This document will help you stay on track throughout the process.

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Change Management

Master in Digital Transformation

A master in digital transformation is someone that plays a crucial role within a company or an organization. What are this person’s roles? What makes him crucial? Find out below.

Master in Digital Transformation

What is a master in digital transformation? This person takes care of a lot of things. First off, he will need to understand the possibilities of technologies and ensure that he will use these in a way that will benefit the organization. 

Second, he will need to keep up with the latest trends and the newest technologies so he can incorporate them into his work. Third, he must be able to influence other people and guide them so they can do their part in the transformation.




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A master in digital transformation is a person that not only understands how to use technology but also knows how to use technology to benefit his company or organization. This person will be constantly analyzing the developments in the field of technology and how they can be used for the betterment of his company or organization.

Further, he needs to be aware of all the possibilities offered by technology and make sure his company or organization can take advantage of these possibilities. He will need to see to it that his company or organization is utilizing the latest digital technology and tools available.

Next, he needs to make sure that his company or organization would be able to take full advantage of these innovations and tools. Also, he will need to familiarize himself with all the recent developments that are taking place in this field. This is because there are constantly new developments that might affect how companies operate today. 

As such, he needs to keep himself updated on this so he can keep his company or organization ahead of these changes.

Master in Digital Transformation: Where Does He Work?

There are many fields where a master in digital transformation can work. Of course, people who have ownership over their own business have more freedom in choosing where they want to work when compared with those who are working for someone else’s business or institution.  

A master can work with any kind of industry as long as there is a need for someone who can maximize the usage of technology for this industry. For example, if you are working with an automobile company then you should be able to use technology for improving your company’s operations related to manufacturing cars or selling them online or through retail stores or something like that. 

There are also some businesses where technology is used even if they are not related to computers or similar things. Like photography studios for example where you can use digital cameras instead of traditional ones, or you can use online storage for your photos instead of storing them on a CD. Certain industries require the use of technology even though they are not directly related to it.

Conclusion

So, if you think you need to learn more about technology and how it is affecting our lives and how you can use it in your own business or organization, then you might want to consider taking a master’s in digital transformation.

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Change Management

Digital Transformation Failure

Today, a digital transformation failure is not a new thing to hear about. In fact, failure in this journey is more common than success. Why is that so? How can you avoid this?

Digital Transformation Failure: Why High?

The digital transformation failure rate today is as high as 70%. Why is this the case? There are various reasons. Firstly, companies fail to see the long-term benefits that digital transformation brings. When they do not see the immediate benefits, they tend to back out. 

Secondly, companies do not have a clear picture of their business journey after digital transformation. They do not have a clear picture of what they want to achieve from digital transformation. 




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Thirdly, there is no structured way to make the above happen. The problem is: companies do not understand what they want and where they want to go and this becomes a hindrance to the journey.

What is Digital Transformation?

Digital transformation has become a buzzword now. It has become a generic term for all things related to technology and business growth. This term is widely used in the media as well as in business conversations. However, there is no clarity as to what digital transformation means and how it can be achieved. That’s why we need to understand what digital transformation means and how it can be achieved.

What does this mean? It is about using technology and data analytics to change the way business works and operates. It is about using technology and data analytics to take your business from where it stands today to a new level of excellence and growth. The next level – the one that will take you ahead of your competitors and take you closer to your business goals and objectives.

The only way you can achieve digital transformation for your company is by creating an environment that fosters innovation. This cannot be achieved by just throwing technology at employees or employees at technology. Also, it cannot be achieved by just implementing technology systems in your company.

Further, it cannot be achieved by simply spending money on big data analytics. All these are necessary but are not sufficient. You need an environment that fosters innovation.

How to Avoid Failure

To avoid failure on your journey, you need to follow some simple guidelines. They are:

1. Start small and think big. Do not go for big, complex solutions right at the beginning of your journey. Just start small and think big. Start with an idea, an experiment, a hypothesis. Take baby steps on your journey of digital transformation.

2. Focus on business outcomes, not technology implementation goals. It is easy to get carried away with technology implementation goals by thinking that they will take you to your business goals. Focus on business outcomes and work backward to achieve them in a realistic time frame.

3. Make sure your top management understands digital transformation. Make sure you have buy-in from top management for this transformation journey. Without top management’s support, you will not be able to achieve transformation in your company.

4. Make sure you have a clear picture of what you want to achieve. Without a clear picture of where you want to go, it is difficult to get there.

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Change Management

Digital Transformation of Testing and QA

The digital transformation of testing and QA is helping testers do their job smoothly and efficiently. But what is this? How is this helpful? Let us know below.

Digital Transformation of Testing and QA

What is the digital transformation of testing and QA? It is the method or approach of testing through automation, virtualization, continuous integration/continuous deployment, and more. It is the process of making testing more efficient by using different tools and techniques. Further, it is also known as DevOps.

Testing has been done traditionally in an orderly manner before software engineers started working on it. The testing was done manually by a team of testers who were responsible for ensuring the quality of the product.




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During this time testing was limited to manual tests and it took a lot of time to test the product thoroughly. But now we live in an era where technology has taken over our lives and we can see it everywhere we look around us. 

The world is changing fast with digitization, modernization, automation, etc., so why not use these tools for effectively conducting tests?

Why Digital Transformation of Testing and QA? 

For companies to speed up the development process, they need to take advantage of these techniques. Digital transformation of testing and QA provides the business agility to adapt to the digital world. It helps in improving the performance of the products or services by making them faster, more efficient, secure, etc.

It plays a major role in making testing more smooth and efficient. Further, it also ensures that no defects are left inside the application after its release. The software QA team, working on digital transformation, can develop high-quality software products which are ready for delivery to end-users. What are the benefits? 

There are many benefits of digital transformation of testing and QA. Let us discuss some of them here:

1) Improved time management. The time management in this method is much better than traditional testing because it provides the testers with the flexibility to use different tools for monitoring tests without compromising on time metrics. 

2) Workload reduction. The workload reduction is possible only if the test engineers are provided with the right tools which can help them complete their tasks in less time. These tools can be used for automating repetitive tasks and thus reduce human errors and work pressure on individuals. 

3) More precise and accurate. This method uses automated functionalities which makes test results more precise and accurate than traditional methods of testing. It also reduces manual errors and provides quality assurance to customers regarding their product or service quality.  

4) Better visibility. Digital transformation provides better visibility about previous tests carried out by test engineers which helps them in building strong test cases for future tests. It also allows test engineers to identify gaps in testing which need immediate attention from the IT team or test engineers.

Conclusion

So, as you can see, digital transformation of testing and QA is a method that helps in making the testing process efficient and better. It provides business agility to the software application development process. What are your thoughts on this? Feel free to share your feedback with us in the comments section below.

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Change Management

Digital Transformation Infrastructure

What is a digital transformation infrastructure? What is included in this infrastructure? How can you ensure that this is secure from any digital or physical harm? Find out below.

Digital Transformation Infrastructure

A digital transformation infrastructure is a collection of information technology resources, software, hardware, and services that are necessary for a business or organization to be successful in the digital age.

Any organization today needs a digital transformation infrastructure to keep up with the innovations of the digital age. The infrastructure is used for tasks such as, storing and archiving information, processing data for analysis purposes, communication purposes, and so on.




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The infrastructure also provides support to an organization’s workforce. This support then includes:

  • employee training, 
  • access to workplace tools and software, 
  • online collaboration among coworkers and with customers, 
  • management tools for increased efficiency and productivity, 
  • mobile access to work applications 
  • and more.

This infrastructure comprises both physical technologies (communications equipment, computers) as well as software (operating systems) and content (digital data).

There are four main pillars of this transformation infrastructure:

  • cyber-security; 
  • cloud computing; 
  • analytics
  • and mobile technologies. 

These components make up the foundation of any digital transformation infrastructure.

Digital Transformation Infrastructure Components

Security

Security is crucial to the success of any company or organization. This holds especially true when that business or organization is involved in online transactions or communication with customers or clients. 

Cyber-security is the protection of an individual’s identity, personal information, money, or property against unauthorized access or theft by using various techniques such as encryption technology, firewalls, and so forth. These techniques are implemented through various software programs which are designed to detect any sort of unauthorized access to a computer system.

Cloud Computing

Cloud computing is computing that takes place on servers hosted by a third-party provider instead of on local servers owned by the company or organization. This allows organizations to avoid buying expensive physical servers that are only used occasionally by many people at once. 

It also gives them the ability to scale down their operations if they do not need as much processing power or they can scale up their needs if they do need more processing power at one time or another.

Analytics

Analytics is the process of collecting, organizing, analyzing, and interpreting data to uncover trends and patterns that can be used for decision-making. It can be performed on any type of data including transactional data, behavioral data, social media data, and so forth.

Analytics can be used by organizations, both online and offline to fine-tune their operations and increase efficiency.

Mobile Technologies

Mobile technologies are technologies that can be accessed or used through a mobile device such as a smartphone or tablet computer. These devices allow organizations to access information, communicate with coworkers or customers wherever they are located. 

So, this puts the organization on an even playing field with its competitors who also use mobile technology for their business needs. 

Digital Transformation Infrastructure Is Crucial

So, just like any other critical task, this infrastructure needs to be protected. It is subject to cyber-attacks, physical theft, and accidental damages. It is also crucial that all of its components are working properly.

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Change Management

Digital Transformation Consulting Services

These days, there are many digital transformation consulting services companies can choose to get help from. But what is this? What can they help companies with? Read on to know.

Digital Transformation Consulting Services

What is a digital transformation consulting service? This is a type of consulting service which is geared towards helping companies transform into the digital world.

Whatever business you are in, be it in the finance industry, retail, technology, or any other industry, digital transformation is needed. That is why consulting services are included in business consulting services.




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The consulting services can be used in these fields:

Business process management

•IT advisory

•IT audit and assurance

•Cloud storage services

•IT outsourcing and business process outsourcing

•Outsourced data management services

•Cloud service providers

•Cloud security services

•Data analytics and big data analysis

•Application development and software programming – 

Digital transformation consulting services can help companies with finding the right development partner and ensuring their applications will be developed according to their needs and requirements.

Also, these consulting services offer the best advice when it comes to choosing between full-stack and lean development. They can also help companies with the selection of the right cloud platform, which can help them save time and money.

These consulting services are the best option for companies who want to get started with their digital transformation process. They will ensure that you get all the help you need during the process.

Digital Transformation Consulting Services: Why Companies Today

Companies today need to ensure that they digitally transform because 

 of these reasons:

•They want to be up to date with the latest technology trends and developments.

•They want to stay ahead of their competitors.

•The market is shifting towards digital, and if they want to attract more customers, they will need to digitally transform as well.

•This is the only way for them to remain competitive in the industry.

This is where a consulting service comes in. First, they will help companies assess their current situation. Then, they will provide them with the best advice and recommendations on how to move forward.

Digital Transformation Consulting Services: What to Look for in an IT Consulting Firm

Here are the things you need to look for:

•Reputation. Your digital transformation consulting service should have a good reputation in the industry. They should be known for providing high-quality services at fair prices. You should also check if they have enough experience in the field, so they can recommend the best way forward for achieving your goals and vision. 

•Recommendations. You can ask around if other companies have worked with this digital transformation consulting service before. This way, you will know what kind of services and quality of work you can expect from them. 

•Experience. The more experience a consulting service has, the better off you will be when it comes to getting the right advice and recommendations when it comes to moving forward with your digital transformation process. 

Last Words

If you are looking for a digital transformation consulting service, you should not miss the chance to use these services. They will help you achieve your goals and objectives more easily and in a faster way.

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Change Management

Digital Transformation Driving Culture Change

Today, digital transformation driving culture change is not a new thing. It is even expected that this journey will have a positive effect on a company’s culture. How will that happen?

Digital Transformation Driving Culture Change

A company’s culture is a collective set of mindsets, attitudes, and behaviors that exist in a specific organization. Culture is a “means of communication” because employees learn it from each other during their daily interactions.

Employees are influenced by their colleagues, managers, and even customers. They may even be unconsciously influenced by the company’s physical environment, such as its logo or the type of furniture they have at their desks.




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In most cases, organizations have a good culture when they have a high level of communication and collaboration among employees. Great culture means that employees are passionate about their work and enjoy the benefits that come with it.

Digital Transformation Driving Culture Change: How?

How can digital transformation drive culture change? It can do this by changing how employees communicate with each other and collaborate on projects. Employers also have to keep up with changes in society to provide better employee benefits and other perks.

As the digital age continues to evolve, companies will need to adapt accordingly or risk losing out to competitors who capitalize on these new technologies for better service delivery, lower costs, and more clients.

A culture change can happen if the company’s leaders are committed to bringing about a new culture by implementing changes. For example, they can decide to embrace changes in the way employees communicate and collaborate on projects.

Digital transformation driving culture change also means that companies can introduce new technologies that can increase employee productivity, enhance collaboration between employees, and more.

Digital Transformation Driving Culture Change: 5 Ways To Create A Great Workplace

Provide A Learning Environment For Employees To Collaborate And Communicate

One of the keys to building a great workplace culture is to ensure that it is a place where employees can collaborate effectively. This is why employers need to provide a culture of learning for employees.

However, it’s not enough just to allow employees to learn the basics of their jobs through training courses or workshops. They should also be allowed to explore new skills and explore possibilities with different ideas for new projects.

Create Opportunities For Employees To Work From Home

When you create an office-based work environment, you get the benefit of having everyone in one place so you can easily communicate with them and ask questions. At the same time, there is a downside to this approach because it limits communication and collaboration among employees who may be working from different locations at different times. 

Also, it means that companies should find ways to allow employees to work from home or another office if needed. This approach creates flexibility for employers and allows them to hire people with expertise in different areas of expertise. It also gives remote workers more opportunities for leadership roles and provides them with greater control over their daily schedules and tasks.

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Change Management

CFO for Digital Transformation

What is the role of a CFO for digital transformation? What will this person contribute to their company’s success in this journey? Let us find out together below.

CFO for Digital Transformation

A Chief Financial Officer or CFO is the executive responsible for managing the finances of a business. The role of a CFO is to ensure that the business is profitable and has sufficient cash flow. 

A CFO has to consider various aspects when making decisions for the company’s financial health including the company’s budget, taxes, insurance, and managing its debt. A CFO also plays an important role in an organization’s strategy development process by analyzing the company’s current financial position and determining its future financial needs.




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Today, companies are undergoing a digital transformation that involves a change to their business models, strategies, processes, systems, customer experience, or products to meet new market demands or create new market opportunities. 

The digital transformation journey is indeed challenging for many organizations. This is because technology is changing very fast and businesses are running on complex processes which makes it difficult to keep up with the pace of change.

Further, digital transformation requires a lot of investment in technology which needs to be managed effectively by human resources who understand technology well. So, a CFO can play this important role by helping their organizations build a strong finance team with digitally-savvy individuals who can spearhead digital initiatives efficiently.

The Right CFO for Digital Transformation

A CFO can help build a strong finance team that will be able to support their companies during their digital transformation journey in several ways. Firstly, they will have to hire digitally-skilled individuals who can bring about change within their organization quickly. So as not to lose out on competition with other organizations which are already using technology for better customer experience or employee engagement. 

Secondly, they have to ensure that these individuals are trained so that they can execute well, manage effectively and deliver results within expected time frames.

Thirdly, they will have to focus on building partnerships between different teams within their organization like marketing and sales teams. So that there is seamless integration between these teams when rolling out new products or services based on new technologies for better customer engagement.

Then, this CFO should also focus on driving strategic initiatives within his or her organization like new product development, cost optimization, and operational efficiencies. These initiatives will help their company to improve its overall customer experience and enhance the performance of its workforce.

Thus, a good CFO for digital transformation will help his or her organization to effectively manage its finances and build a strong finance team with digitally-savvy individuals. This team will be able to bring about change within their organization quickly and deliver results within expected time frames. 

So, the next time you are looking for a CFO for digital transformation then make sure that this person is digitally-savvy and can help your organization to make the most of technology for better results.

Last Words

As you can see, digital transformation is a challenge for many companies across the globe. So, a CFO can play this important role by helping their organizations.