What is Digital Transformation?
Digital transformation is the profound transformation of business and processes, organizational activities, competencies and models to fully leverage the changes and opportunities introducing a mix of digital technologies accelerating impact across the business in a strategic and prioritized way, with present and future shifts in mind.
Digitalization can improve processes, providing new methods and opportunities for the business if the digital transformation is evaluated using a value chain business model, considering that the value created is higher than the cost of creating the value. After the transformation, sustainability is a must, so it is required to change the processes and adapt the skills to this new way of working.
Why Digital Value for Business?
Digital Value for Business will provide the complete analysis on what would be required to reach the Value Proposition.
The digital value proposition is the base to develop a digital product or channel. A successful digital value proposition offers a valuable solution to solve an important problem or create additional benefits for the users and create effective value to the company.
A Digital Value for Business can be developed using the CANVAS, that have different templates to different scope, such as Digital Value Chain Business Model and Machine Learning.
Developing a Digital Value for Business have to be a business strategy, not a stand-alone project and have to be supported by the top management commitment, a proper methodology and adequate resourcing.
Use a Digitalization roadmap!
Digitalization roadmap is a high-level document that outlines what goal a business wants to achieve, identifying the digital initiatives that will drive to reach the digital transformation goals.
It provides a blueprint for action that aligns digital initiatives with short- and longer-term business objectives.
Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers through the acceleration of business activities, processes, competencies and models to fully leverage the changes and opportunities of digital technologies and their impact in a strategic and prioritized way.
Plan and implement the required processes and organization, using the gap analysis and best practices, to continuously improve the value return on business!
