Monday, November 6, 2017

The Monthly “Digital Master” Book Tuning: How to Accelerate Digital Transformation Nov. 2017

Digital transformation represents a break from the past.

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. At the heart of digital, it is people and how to build a customer-centric organization. But how to take a structural approach to digital transformation?

           How to Accelerate Digital Transformation

  • Accelerate Digital Transformation via Reducing Unnecessary Pains: As many organizations are at an inflection point in digital transformation, that transformation represents a break from the past, with a high level of impact and complexity. The goal of the digital paradigm shift should look beyond immediate symptom fixing, the focus should include the mind shift and actions designed to solve real problems, sustain performance improvement and anchor change as a new opportunity. Some say, no pains, no gains; but to be fair, it is also important to reduce unnecessary pains and speed up to ride above the change curves. Because there are so many obstacles need to overcome, and numerous pitfalls on the way; it is so important to keep the end in mind, and laser focus on the most critical things, continue tuning the business to get digital ready.
  • Accelerate Digital Transformation via both Hard and Soft Way? Organizations large or small are on their digital transformation journey, although there is no one size fits all solutions to ensure the change success, it is important to take a systematic approach, strike the right balance of “push” and “pull” from multiple directions, and accelerate digital transformation via both hard and soft way. .
  • Build a Comprehensive Digital Framework with Principles, Processes, and Practices to Accelerate Digital Transformation Digitalization is not just about adopting the latest technologies or cool gadget only, it has to expand into every dimension of the organization with a structural approach. The digital framework provides guidelines, checklist, standard, processes, do & don't practices, as well as tools and building blocks to define or develop business competencies and manage a holistic digital transformation. The digital frameworks add value as they are implementations of the patterns to avoid having to reinvent the wheel, it helps the organization embed digital culture into the very fabric of the business, explore digital in a structural way and laser focus on the most important things to get business digital ready.

  • Three Digital Characteristics to Accelerate Change? Digital makes a significant impact on almost every aspect of the business from people, process to technology, both horizontally and vertically. The digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. The purpose of such radical digitalization is to make a significant difference in improving organizational efficiency, effectiveness, responsiveness, and maturity. There are three needs in an organizational setting which are embedded in the format of digital “characteristics,” to accelerate business transformation.
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