Digital transformation
Eight questions about digital transformation
These are the times when digital transformation is a hot topic, with media and experts writing about it on a daily basis, and deservedly so. Digital transformation is a very broad area that every company needs to address nowadays. But let’s take a look at digital transformation in terms of the impact it has on the company’s administration system, which is a challenging issue for many clients.
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Going digital for SMEs is just a click away
Implementation of digital technologies is a priority investment and a pressing task for companies worldwide. In fact, digitalization has become a precondition for successful market performance of most businesses, regardless of their size. At first glance SMEs seem to face different digitalization challenges but a detailed study shows that these businesses in fact need the same solutions as their larger peers but often lack the resources, both human and financial, to put them in place. On the other hand, SMEs are highly flexible by definition which means they can be quicker and more agile when implementing change.
Pervasive IT organization as the key to successful digitalization
A large majority of businesses and other organizations are busy digitizing their operations. Until recently digitalization has been viewed as a matter that primarily concerned in-house IT teams and was not of much interest to the management, but now the situation has changed. Today many directors are actively involved in the digitalization – according to a survey we conducted among large and medium-sized companies in 2017, this share is about 50%, a considerable increase from a similar study carried out ten years ago.
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Flexibility as the leitmotif of the current business environment
The developments we have witnessed over the last two years have shaken our society, and the entire world, to the core. There have been changes, and changes are something that people are eager to avoid. We like to dwell in the familiar, feeling safe in our bubble although we know that great potential awaits outside our comfort zone. Well, in these times, the fear of change not a good thing to hold on to.
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5 building blocks of successful digital business
The success of the digitalization on the inside, where the organization strives to tame the data chaos and improve the efficiency of its operations, and on the outside, where it focuses on enhancing its customer experience and adapting to the challenges of the digital transformation, depends on how effectively the organization has implemented the key building blocks of digital business.
The role of psychological safety in digital transformation
The pandemic has fundamentally and permanently changed workplace conditions and working from home has gone from an occasional practice to everyday reality. Organizations around the globe were forced to move their employees to their home offices practically overnight. Digitalization quickly became a household term and some companies thought they would have it covered once they had purchased enough laptops and Zoom user licenses. Soon they realized that it was just the first step in a long journey and that the pandemic has created many more complex challenges.
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The anachronism of initialing documents in the digital age
The definition of anachronism is a person or thing that is placed in a time period or circumstances where it does not fit. Transfer of actions or rules from paper-based to digital operations, without considering the potential of digital, is an anachronism.
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Implementing the digitalization strategy
Our advice to organizations that are undertaking digitization projects is to narrow down their software support requirements to a few key characteristics, with the choice of the digital platform carrying even more weight that designated applications.
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Digital transformation is a long-term goal that digitalization aspires to achieve
Organizations that are very committed and strategic in their digital transformation are paving the way for new revenue streams they could not even imagine, let alone anticipate, a few years back.
