5 Crucial Considerations for Becoming a Digital Enterprise
5 Crucial Considerations for Becoming a Digital Enterprise
Digital transformation has moved far beyond just being a passionately-discussed concept to now being a looming reality staring in the face of global businesses. Organizations now need to know the fundamentals of transitioning to a digital enterprise, and how it would affect their businesses. The C-suite and thought leaders, who have aced digital transformation, have five vital takeaways for how businesses can set their goals for becoming a digital enterprise:
Digital transformation has moved far beyond just being a passionately-discussed concept to now being a looming reality staring in the face of global businesses. Organizations now need to know the fundamentals of transitioning to a digital enterprise, and how it would affect their businesses. The C-suite and thought leaders, who have aced digital transformation, have five vital takeaways for how businesses can set their goals for becoming a digital enterprise:
1. Becoming a digital enterprise is not a one-off, time-bound project
Transforming into a digital enterprise is a continuous process that needs to factor in changes along the way, while adding new business goals every now and then. Organizations that have yet not taken a definitive step to become a digital enterprise, or are still doing preliminary risk analyses, need to decide whether they digitize entire enterprise operations, or a small critical aspect of it, the key is to kick-start the process of turning into a digital enterprise. Since digital transformation is a unique experience for every organization, it’s important to simply just take the plunge and not be wary of where to begin. It’s a given that they will find their perfect route to being a digital enterprise along the way.
2. Taking baby steps leads to bigger strides
The manner to accelerate into being a digital enterprise will largely be based on your business goals and needs to be constantly aligned to the company’s growth path. Organizations are urged to select a particular aspect or a set of functions of their business and start chalking out its transformation, and the corresponding segments will fit in. The journey to be a digital enterprise begins with identifying a problem and then appointing members across affected teams to share their resolutions. When organizations prioritize their business functions according to their criticality or the ease of digitizing them, the transformation into a digital enterprise is smoother.
3. Accept the change for business benefits
A digital enterprise is all about moving away from legacy systems and processes. To be a digital enterprise CIOs and IT managers must change their mindsets as much as they need to change the technology infrastructure. They need to keep abreast of technologies available in the market to drive faster results to become a digital enterprise. While each organization’s digital needs are unique, the basis of every transformation is common – analyze business goals, chalk out processes that help achieve them and find technologies that drive these processes more efficiently. Organizations simply need to acknowledge the fact that the digital disruption, even to their core processes, is imminent. That is how they can move from contemplating ‘whether to digitize’ to ‘how to digitize’ to eventually become a digital enterprise.
4. Interface human and technology resources cohesively
A successful digital enterprise ensures seamless integration of people and technology. Organizations have to consider investing in technology for specific functions and individual users. In other words, a digital enterprise does not neglect the needs of an individual employee for a specific tool while also letting teams to explore their potential by bringing in software that extends their skill sets. Processes that help employees adopt technologies are intrinsically imbibed in a digital enterprise.
5. Break down a digital enterprise project into smaller tasks
Long-term goals can be intimidating. Hence, breaking these down into smaller tasks can be more exciting for teams working on transforming a business into a digital enterprise, as it gives a sense of achievement from time to time. However, often the bigger picture tends to be overshadowed and the short-term targets prioritized over the larger digitization goal. An agile approach for a digital enterprise makeover allows those in charge to not be a slave to the timeline, while bringing in suitable changes in the transformation process as required. Altering the organizational outlook every now and then to focus on creating a digital enterprise is a better approach than facing major challenges once the entire project is ready to run.