The organization or company may be in business for many years but has not matured its management disciplines and structural flexibility.
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. Here is monthly insight of the new book “The digital Maturity”: How to Reach the high maturity stage of digitalization.
Reaching the High Maturity Stage of Digitalization
Five Stages of Digitalization Digitalization 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. Companies need to take the journey with logical steps, embed digital into the very fabric of the business and laser focus on the most important things to get business digital ready.
The Tide, Wave, and Ripple Effect of an evolving digital organization Change is the new normal. The speed of change is increasing, to put simply, change itself changes. Change Management also turns to be more complex. Digitalization is all about the exponential growth of information, rapid speed of changes, hyperconnectivity and interdependence. The emergence of potential opportunities for exploiting digitization is likely to follow a nonlinear pattern as the pervasiveness of an organization's digitization journey increases. The digital ecosystem has also become more complex and dynamic. Therefore, today’s digital leaders need to understand the tide, wave, and ripple effect of an evolving digital organization in order to manage changes seamlessly.
How to Reach Digital Maturity From Functioning to Firm to Delight The organization or company may be in business for many years but has not matured its management disciplines and structural flexibility. Companies need to embed digital into the very fabric of the business, explore digital management practices in a structural way in order to make a seamless shift from functioning to firm to delight, and reach the higher maturity of the business to get digital ready.
Stretch Out to Reach the Stage of Digital Renaissance Organizations large or small are on the journey of digital transformation. Digital is not a single dimensional technology adoption, but a multi-dimensional business expansion and optimization. Transformation efforts need to be undertaken as the means of getting to a defined different capability to accomplish a set of defined business goals. Digital transformation represents a break with the past, with a high level of impact and complexity. To reach this stage of the digital renaissance, organizations have to stretch out in every business dimension, strengthen organizational capacity and build business competency for driving the full-fledged digital transformation.
Five Stages from “Doing Digital” to “Being Digital” Organizational digitalization is not just about using the latest technology gadgets or applying the fancy tools. At the high maturity level, organizations have to stretch out in every business dimension for driving the full-fledged digital transformation. There are a couple of evolutional ecosystems stages businesses have to experience in order to ride above the learning curve and move up the business maturity from “Doing Digital,” to “Being Digital.”
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