7 Considerations to your Digital Transformation Journey

This new era of digital transformation brought about by the emergence of new technologies
like mobile, cloud, analytics, Internet of Things etc., is highly reminiscent of the e-business era.
There are many business opportunities to pursue, enabling technologies to be utilized, and
customers to be inuenced.

The key dierence, however, is that IT is becoming a core and essential part of todays products
and services and is opening up, even more, possibilities for business innovation. One of the
most important aspects of the disruptive trend that is being observed is its ability to enable
digital transformation across the business.

The major focus area within this transformation sphere is the development of omnichannel or
digitally connected multi-channel capabilities. To deliver a seamless, consistent, integrated
and holistic customer experience is the goal today.

Figuring out what digital means for your business is hard enough. However, translating that
into what you need to do, in what order and subsequently driving the enterprise-wide
transformation makes for a daunting challenge.

This discussion delves into the key considerations that underpin a successful digital
transformation in virtually any organization. The following seven initiatives serve as building
blocks to a successful and protable digital transformation strategy:

Digital Is a Fundamental Change:

Its an elemental change in traditional siloed businesses evolving to become truly agile, at and
much more accessible. You need to expedite new business models.

There is quite a bit of widescale digital ratication happening right now and a large part of the
market is planning and executing eorts. Seize the opportunity for innovation, but you need to
plan for quick adoption to gain the maximum market advantage. The need for agility has never
been greater and the embracement of new technology has never been faster.

However, unlike other traditional marketing methods, the successful adoption of digital
necessitates an intelligent cultural change. Change does not come easily. It starts with concrete
steps and actions. And, those behaviors and actions must be adopted, in priority, by top
management.

Simple yet Dierent:

In an era of unprecedented ramication, businesses are becoming more dynamic and

distributed with trends like cloud, mobile and social. All this leads to complexity so, we need to
simplify to deliver the messages we want while making it easy for audiences to listen without
having to connect the dots along the way.

Simplify everything in order to deliver IT as a service.There is a need for simplicity in

infrastructure. And, it is not just the channels serving the customer that need to be simple. The
services portfolio, pricing and network availability all have to be in sync to be able to deliver the
expected simplicity. Bridging the gap between an ever more complex IT and network
environment and a simple customer experience requires a holistic approach to digital
transformation that must be grounded in strategy throughout.

Simplicity is the foundation of Digital Transformation. If businesses cannot simplify they cannot
react to the market faster and cannot innovate.

Build quick and automate:

Automated build, conguration administration, and translation tools are already being
adopted, but many still require extensive, time-consuming scripting, which is prone to human
inaccuracies

Rapid product release cycles include real customer understanding and real customers. These
digital sprints create visibility and credibility for your digital transformation. More importantly,
as you release these improvements into the market, youll listen to real customer feedback
which will allow you to kick o your own righteous cycles of continuous improvement to your
processes and iterations of your digital strategy. One of the most critical success factors for any
digital transformation is gaining cross-functional patronage.

Attract Talent for digital transformation

The success of any middle market digital transformation plan articulates on the ability of an
organizations workforce to implement it to full capacity. As a host of new digital channels and
technology are introduced, its essential that the right people are in place to operate them and
make sense of the greater incursion of customer data. All the technology in the world wont
deliver results without the people to drive it.

On the marketing side, new potentialities are required to build coercive content, leverage new
channels and analyze customer data. An overall shift to a more viable approach also needs to
take place for marketing to deliver lead ow and revenue.

For sales, reps need to be prepared for a higher level of interaction, delivering greater value
and insight. Sales must possess the commercial acumen and tech savvy to eectively leverage
this data in order to deliver a new level of relevance and value.

Plans for digital transformation should strategically address talent retention, with steps in place
to either expand the skill sets of existing employees or to target experienced consultants and
technology resources to speed and optimize the digitization process.

Maximize Data & insights: Data Integrity and Integration

The process of designing end-to-end customer experiences that are digitally enabled kicks o
when a customer is made aware of your oering and closes out at fulllment, only to start
again (or never stop) in an endless stream of feedback loops. This generates insights and leads
to improvements.

Every part of your business can generate data, which provides intelligence for other parts of the
business, whether these are customer experience metrics or process improvement stats from
your production facilities.You need to deliver data that informs business decisions.

Its imperative that companies who want to go digital understand that digital businesses are
data-driven. The virtuous data cycle is one of the continuous improvements and is constantly
evolving performance and customer satisfaction.

Know what your customers wantAdopt continuous delivery

In todays internet-enabled world, it is no longer optional to be customer centric.

Companies such as Facebook, Amazon, Google and Twitter have delivered a high-quality user
experience to todays consumer. Quality becomes paramount in an era when a customer of
several years can be lost overnight if an app crashes or there is no continuity between the
physical and online store.

In e-commerce companies, communications must be even more personalized and relevant to

increase the chances of opening emails, clicking on links and engaging in conversation, much
less in creating conversion. Choose one or a few projects that oer a mix of both, least eort
and great value to your customers.

Planned & thoughtful Digital Strategy:

The organizational transformations and the digital strategy required for your enterprise are not
only a business plan with digital added in, its a digital operating system for your business.
Hence, it has to focus, not just on technology or marketing, but on the whole range of people,
processes, and policies that will allow you to operate your business successfully in a digital
world.

The digital transformation journey often marks a pivot or a move into unfamiliar territory for
most existing organizations. As the digital market is moving so rapidly and in such
unpredictable ways, its essential to get strategic advice from experts who have helped other
organizations disrupt themselves protably.

Ultimately, your digital strategy will come into focus when you dont just ask, What will digital
do for my company? but rather, How will digital add value to my customers?

Possible Challenges in your Digital Transformation Journey

Why is a change needed? Creating a vision for the digital transformation journey

enterprise leaders need to share and buy into that vision

the cultural transformation required to get the entire enterprise focused around the
execution of that common vision.

need for new skills and competencies (such as data scientists and analytics professionals)
that are in short supply.

The pursuit and embrace of revolutionary gains in eciency and automation have long been
cornerstones of business success. The ability to keep up with the rapid and sometimes disruptive
pace of change often determines the degree to which an organization both thrives and ensures
its pertinence into the future. Companies must compete against similarly-sized counterparts, and
also against larger enterprises able to fully leverage economies of scale and smaller industry
players capable of the nimblest of operations.

To meet these challenges, many organizations are considering digital transformation strategies
that maximize the use of technology across the enterprise. Its imperative that the shift towards a
fully digitized and automated environment must be approached with careful consideration to
ensure long-term sustainability, full-scale user adoption and maximum return on investment
(ROI).

Without a doubt, enterprises that have digital DNA embedded in them have turned out to be
leaders in the past year. However, the pace of transformative changes will continue to sweep the
market and only the toughest and the most digitally innovative will survive the onslaught. Not
having a digital blueprint is a risky game to play right now. Youre encouraging disruptive
competition into your business. Remember, those born in the cloud will always do it
economically. If your approach to transformation is to launch disintegrated initiatives that dont
adhere to a single vision or blueprint, it will never get o the ground.

The journey to Digital Transformation demands enterprises to take immediate action while also
planning a strategy for sustained improvement down the road. Thinking through the key shifts
mentioned above, taking the time to educate the business and then creating a clear
transformation vision and guideline will be the key to delivering organisation-wide
transformation success.

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