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Digital transformation offers the opportunity to redesign business operations through the use of new digital processes and tools. However, there are challenges at every stage of the digital transformation process.
Align your digital transformation plans with business results
One of the first steps to a successful digital shift is to align your initiatives with business outcomes. Prioritize digital investments that impact specific objectives. Use results-driven criteria to determine where to allocate your budget and which programs to focus on. Create a unified vision that reflects your business priorities.
Make organizational change a key element of digital transformation
Organizational change can be difficult, but it is vital for growth. It’s a culture change that requires the entire company embracing a different mindset. Start by assessing the barriers to digital transformation. Then implement a change management strategy with a comprehensive and integrated roadmap. Keep in mind that change has to start at the top. This is necessary to minimize the personnel’s resistance.
Maintain transparent communication at all levels
According to a recent Gartner survey, 65% of decisions made today are more complex than those of previous years. They involve more options and more stakeholders. To enable good decision-making, you need to maintain transparency and keep open channels of communication with all stakeholders. This will make business decisions more efficient.
Create a solid implementation plan
Your vision for the digital future must be backed up by a solid implementation plan. The technology roadmap should support your initiatives and ensure consistency across industries. To drive sustainability, formulate a strategy to integrate scalable systems for operational architecture, cybersecurity, cloud solutions, analytics and more.
Evaluate and identify alternatives
The budget may be managed internally, but shortfalls in other resources are often beyond your control. To reduce distortions during the transition, design a solid strategy for technology procurement. Conduct a technology assessment to evaluate your existing technology and identify new solutions vital to your digital transition. Look for alternatives whenever possible. Include technology resource shortages in your risk management plan to mitigate potential risks.
Bridge the skills gap
Upgrade digital literacy by investing in the education and training of your workforce to ensure that they have the skills and competences needed to adapt to the digital shift and effectively integrate digital tools into their work processes. As well as closing the digital skills gap, this also empowers your employees and motivates them to improve their performance.