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What is digital transformation?
A simple explanation of digital transformation would be an integration of digital technology into all areas of a company or entity which consequently leads to big changes in the operations of the business and the way it delivers value to customers. This often means companies will have to revise nearly everything they do, leading to experimentation and perhaps initial failure. The term is an umbrella term used to describe a wide range of changes as the transformations that occur will differ from company to company.
Learn more about what digital transformation is here.
What areas can digital transformation affect?
Here are just some of the areas of a company or entity that a digital transformation could have an effect on:
- Business activities and functions
- Business processes
- Business Ecosystems
- Business Asset Management
- Organizational Culture
- Ecosystem and partnership models
- Customer, worker and partner approaches
Learn more about the effects of digital transformations here.
Why is digital transformation important?
Due to the third industrial revolution of technology and the internet, companies will be left behind, and sometimes struggle to survive, if they are not digitalised. As well as this, the main reasons for undertaking a digital transformation are:
- To rethink inefficient business processes
- To collaborate among cross-functional teams for increased innovation
- To experiment with digital technologies, real-time date and analytics, AI, machine learning and social media
- To become more versatile to increase customer satisfaction and engagement.
Learn more about the importance of digital transformation here.
Where can I find digital transformation frameworks?
For companies or entities looking to conduct a digital transformation, the Eloquens catalogue has a variety of frameworks and templates designed and built by professionals. You can also build and self-publish your own frameworks on Eloquens directly.
- This framework deals with the various aspects of Value Creation through Digital Transformation.78Discussadd_shopping_cart$29.00
by Flevy
Six Building Blocks of Digital Transformation
The Six Building Blocks of Digital Transformation framework provides a holistic structure for Digital Transformation.59Discussadd_shopping_cart$29.00by Flevy
Digital Transformation Strategy
Digital Transformation is being embraced across industries, as the role of technology becomes more strategic.82Discussadd_shopping_cart$29.00by Flevy
Intelligent Process Automation (IPA)
IPA essentially augments RPA technology with additional emerging Digital Transformation technologies.39Discussadd_shopping_cart$29.00by Flevy
How to break down the barriers in a company and stamp out departmental (and geographic) silos?
“Break the silos of an organisation”, “work in project mode” or even “break down the barriers of departments”.53Discussadd_shopping_cartfreeby Wimi Academy
Big Data Enablement Framework
This best practice discusses the critical capabilities that form the basis of success with Big Data (in our Age of Data)18Discussadd_shopping_cart$29.00by Flevy
Digital Transformation: Integrated Business Ecosystems
Organizations that excel in Digital Transformation distinguish themselves through their mastery of 4 critical ecosystems13Discussadd_shopping_cart$29.00by Flevy
Digital Transformation: Workforce Digitization
Workforce Digitization and the powerful economics of automation require us to critically rethink our organization design16Discussadd_shopping_cart$29.00by Flevy
Artificial Intelligence (AI) Strategy
AI is here. AI enables new approaches to existing business models, operations, and deployment of people.17Discussadd_shopping_cart$29.00by Flevy
DIGITAL TRANSFORMATION 2021 TRENDS CURRENT STATISTICS ROADMAP WORK BOOK GUIDELINES OPPORTUNITIES TO THRIVE BUSINESSES
This document provides guidelines on key concepts of Digital Transformation. Also provides 2021 Trends and predictions.15Discussadd_shopping_cart$69.00by Fin-Wiser Advisory
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