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Digital transformations are here to stay and those who don’t fall in line will be left by the wayside as the others marathon towards the finishing line. In today’s blog, we have prepared some humble recommendations to bear in mind when planning or executing your company’s digital transformation. So, let’s get down to it, happy reading!
Here is our pick of recommendations for you:
Faster decision making process - All businesses will need to pull up their socks and fine-tune this competency. Quicker decision based on comprehensive knowledge and data will b the way to go whether dealing with any sort of issues rising due to disruptions in supply chains, changes in consumer habits, or negative feedback from clients for a product / service.
IT systems analysis – A thorough analysis of the existing IT infrastructure needs to be undertaken. This is important to know what is gig right, and what is going wrong. It gives you a clearer picture of how improvements can be done and what those improvements are. Does the company have adequate cloud services? Are the company employees adopting and open to more digital tools? Is the company geared towards managing team members working from home without disruption at work? These are some of the questions which need to be asked during this review / analysis.
Selective tech adoption – Be smart with your tech / digital investments. Get a vendor to do a proper health check up of your company and suggest which tools are needed. The idea being not to open your purse strings and adopt tech on a large scale just because others are doing it or you are under some sort of peer pressure.
In house tech experts – In the foreseeable future, companies may not want to spend on vendors and consultants. They would be wise to invest in their team members and equip them to handle and take care of their hardware and software needs, over time and evolution.
Risk mitigation - Risk mitigation is one of the competencies a company must have by their side as they navigate their individual digital transformations and services. This involves a rigorous audit of the digital transformation as well as identifying opportunities to enhance the transformation, and the company goals.
Employee management – It's time to equip the company on being a better employer and how to manage the employees going forward. The creation of strategies and processes to deal effectively with human capital challenges is an intrinsic competency a business needs to be “woke” about and take action.
Digital transformation is a must and one needs the same to thrive in the 21st century. The scope and the requirement may differ as per company needs but it is mandatory. Where does your company stand vis – a – vis digital / tech transformation?