How digital transformation is changing business

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Business transformation is performed in order to achieve an increase in the key indicators of the company in a short period of time.

Before considering specific examples of business transformation, apply to digital transformation consulting, they will tell you about the prerequisites, i.e. the reasons that make owners, stakeholders and top managers decide on the need to rethink the business management model. As practice shows, these are:

  • new strategic goals of the company;
  • changes in the business structure (organizational structure, areas of responsibility), a change in management;
  • changes in the external environment, growth of competition and requirements of clients;
  • introduction of modern technologies (changes in information support of business, automation).

Normally, the transformation of business leaders expect not just single-point changes, but a total overhaul of the entire management structure and, as a consequence, significant improvements in business performance.

Updating the vision model

When there is an awareness of what your company should ideally be, the next step should be to describe what the team should then be, and what knowledge and skills employees will need in order to work effectively with new technology and respond to new challenges in a timely manner. Do they share the values of openness to new things, business transparency, and cross-functional cooperation? And are they ready for a change in principle?

To do this, it is necessary to identify the competencies that employees will need in order for the company to develop the critical capabilities and corporate values that are consistent with these operating principles.

Identifying and bridging the gaps.

The next step is directly transforming the business. In order to make the transition from the current state to the desired state, it is necessary to identify and eliminate gaps in the organizational capabilities of the company and the competencies of team members.

Digital skills are key to digital transformation. Basic digital literacy includes the basics of cybersecurity and data protection, working with information, statistics and analytics, and the ability to use modern task trackers, messengers and solutions that automate routine tasks.

To succeed in the digital world, you need to establish a process of continuous development for your existing employees. It means promptly identifying gaps in competencies and “pulling” employees up to the right level.

Implementation of Software Solutions

Modern technologies change our lives and introduce essential changes into work mechanisms. For companies striving to provide quality services, it is crucial to take advantage of high-tech solutions by incorporating them into their daily practice.

 

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