Sunday, February 4, 2018

The Monthly “Digital Master” Book Tuning: Going Digital Systematically Feb. 2018

Due to fast-paced changes and exponential growth of information. IT becomes more critical in leading business innovation and transformation.

Digital makes a significant impact on every aspect of the business from people, process to technology, both horizontally and vertically. Digital becomes the very fabric of high performing business, being outside-in and customer-centric is the new mantra for forward-looking and high mature digital organizations today. But how to scale up and go systematically?

                           

                        Going Digital Systematically

Three Aspects of Scaling Digital Organizations’ digitalization is surely a transformation journey, it has to permeate into business vision, strategy, culture, communication, and processes. etc. It represents the next stage of business maturity which will improve how the enterprise works and interacts with its ecosystem. During the journey, there are many accumulated steps from doing digital to going digital to being digital. Here are three aspects to scale digitization and make a leap of digital transformation.

Three Practices to Scale Up Digital Transformation Organizations large and small are on the journey of digital transformation. Besides building a set of principles to follow, it’s also important to develop a series of best/next practice to scale up and amplify digital effects The business practice is always a combination of people and how they are used to doing things based on the set of principles and standards for adapting to changes in the business or technology shift.

Leaping Digital Transformation at the Inflection Point? All forward-looking organizations are on the journey of digital transformation. Digitalization implies the full-scale changes in the way the business is conducted and expand business transformation to the multiple directions so that simply adopting a new digital technology is not insufficient. Such change can mean an opportunity to rise to new heights, or a risk to hit the uncertainty. Hence, a solid roadmap with well-setting goals is important for making a smooth digitalization journey. The leading organizations today are also reaching the inflection point for digital transformation. A strategic inflection point is a time in the life cycle of a business when its fundamentals (people, process, technologies, cultures) are about to change. You have to transform the company's underlying functions and organization as a whole with adjusted digital speed.

CIOs as “Chief Instrument Officer” How to Define, Refine, and Scale IT Digital Transformation Due to fast-paced changes and exponential growth of information. IT becomes more critical in leading business innovation and transformation. IT has to reinvent itself to exemplify proficiency in planning, designing, innovating, and building the new business model, as well as refining or scaling IT digital transformation. At today’s information-driven business dynamic, there’s no shortage of problems to tackle, it’s all about to be able to get all the way around the task, to see it from all interests. CIOs need to be bold and innovative, define and refine IT to get digital ready.

Going Digital Systematically? Going digital is a no-brainer. If so, then why are so many companies still hesitated to go radical digital? Why are there so many companies not taking advantage of customer-facing opportunities to digitize interactions with digital technologies? Even during the journey, shall you continuous check: Are you doing the right things? Are you doing them the right way? Are you doing them well? Are you achieving the desired outcomes? Are you transforming to be ready for the future? Are you shaping the good digital strategy about the future and positioning appropriately for your place within it? Do you have enough resource to implement the digital strategy? Are the assumptions and risks understood and manageable?

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