Digital Transformation

By Author: Amal
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Digital transformation services aren’t new. Business leaders have been using them for years now. More than 40 percent of organizations across the world will use EA solutions by 2021 to implement emerging technologies and new business innovations. The growth looks promising to us enterprise architects who help digital transformation leaders use point of sale machine new business and technology ideas to improve services, customer experiences, and create new revenue streams, but it also worries most of us because a large number of companies who chase the window cahier machine digital transformation dream still lack a clear digital vision. In most cases, they overemphasize technology.

No matter if it’s artificial intelligence (AI), automation, or chatbots; technology issues are easier to work through. What hurts a digital transformation project is the lack of focus on non-technological aspects. These things if not addressed can make the organizational transformation shallow as the transformation doesn’t reach the areas where it is most required.

A good digital transformation means you are able to achieve the ...
... right balance between your transformation goals and continuous operational efficiency. Amplify outlines a guide for IT and business leaders on how to establish a clear digital vision for 2020 and beyond.

Create the right mix between change and efficiency

It’s challenging to establish the right balance between digital transformation and operational efficiency. Digital transformation leaders are expected to focus on these two distinct parts equally. For the first part, where the transformation goals remain the point of focus, business leaders or the enterprise architect responsible for the project must work as a change agent. For the second, they need to work as a quality agent while delivering operational efficiency across the organization.

Focus on these 4 key areas

The good news is that a large number of companies that chose digital transformation are now getting even more progress than expected based on their project objectives. When analyzed, these companies did something very different from the rest. For their digital transformation objectives, they focus on four key areas where transformation is critical.

Business leaders who plan to reinvent their business need to carefully consider changes in the four major aspects of their business. These key points are the profit model, customers, value proposition, and business capabilities. When you talk about change in your company, people at each level hear it and experience it. There should be a strategy to address passive resistance and the whole organization should be on the same path to better understand what change initiatives and investments are needed to pursue a better digital future.

Be prepared to challenge and change

To drive transformation while maintaining continuous operational efficiency effectively, business leaders must be prepared to challenge and validate their assumptions, decisions, and choices. Your future-focused transformation initiatives are the engines that will drive innovation, but to make sure that they will work for your organization in the way you want, you need to bring much-needed clarity into the transformation journey.

Experiment to capture some quick wins

Certain things in business can only be seen when you experiment and take risks. To develop a clear vision for your digital transformation path, you need to rethink the core elements of your business model. As discussed above, there are four key areas where change initiatives must be planned carefully, however, there are certain things which you can see only after you experiment. This may seem potentially risky and costly, but smart companies use tactics that help eliminate the risk and the potential negative effects of such experiments.

To minimize risk, progressive organizations focus on small transformation initiatives that can help them determine whether they are capable of gaining a competitive advantage. In this way, they eliminate the risk of planning change initiatives that can turn into costly mistakes in the long run. Breaking up a business model is what many business leaders and enterprise architects do to rethink the entire business model and its several aspects from different viewpoints. Testing a business model by spreading a wide range of initiatives across the organization can help avoid the disruption experimental initiatives could cause.

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