Digital Tranformation

DIGITAL TRANSFORMATION

By taking a?bionic ?( what is bionic ?: In order to accomplish its full potential, technology must be combined with the flexibility, adaptability and comprehensive experience of humans.) approach, blending human and technical capabilities, companies can kick their digital transformation into gear—and keep the momentum going.

Digital transformation isn’t a new imperative for business leaders, but COVID-19 has made it more urgent, with companies looking to enhance their agility, speed, and data-driven decision making.

?Yet in most cases, digital transformation remains a work in progress—with a long way to go.?Many companies have yet to apply digital technologies and ways of working at scale. Or to create a culture that embraces change, experimentation, and continual learning and improvement. Still other companies are planning end-to-end transformations but have yet to move beyond the drawing board.

So how can companies accelerate their digital transformation? The answer lies in creating a vision for the future and steadily building the capabilities—technological and human—that let you achieve it.

Drivers of a Successful Digital Transformation

Only about 30% of companies navigate a digital transformation successfully. And navigating it in the midst of uncertainty -the new reality- is especially difficult because new behaviours and?expectations take shape and evolve at fast speed.

The approach is focused on building more?bionic companies: organizations that blend digital and human capabilities—and apply them to all aspects of their business.

?THE SIX FACTORS OF A SUCCESSFUL DIGITAL TRANSFORMATION

?It won’t happen in one fell swoop. Transformations succeed when they?are sustainable, cost-effective and incremental. That means focusing on outcomes: new products, improved processes, and other use cases that, one by one, let you build capabilities, business value, and buy-in for the transformation.

?1)????Craft a Clear Integrated Strategy

2)????Commit to leadership from top to middle.

3)????Put best resources at the right places.

4)????Accepting agile governance mindset.

5)????Monitor transformation progress and ?milestones achievements.

6) Develop business led technology and data platform?

Approach to Digital Transformations

Implement outcomes.?We work with companies to identify, prioritize, and implement high-impact use cases. This lets clients create value quickly while demonstrating what digital technologies and ways of working can do for the business. The process entails three stages: innovate (build a proof of concept and validate the business case), incubate (launch a minimum viable product and test and learn with agile sprints), and industrialize (run the technology and business process at scale). After an initial wave of use cases, the process repeats with the next wave—and so on.

Manage talent and build digital skills.?Digital transformation is about evolving and augmenting—not replacing—human capabilities. We help companies develop their digital talent plans in areas like data science and human-centered design. We also help them zero in on the optimal location strategies and strike the right balance between insourcing and outsourcing. And we assist, from day one, in training, on-the-job learning, coaching, and upskilling—essential but often less successful elements of digital transformation.

Transform ways of working and the operating model.?Agile concepts?enable companies to respond quickly to change. So, helping companies adopt agile is a key pillar of our digital transformation consulting. We embed the behaviors and culture that foster cross-functional collaboration, iterative development, and a?new learnings—one that enables people to adapt and innovate at digital speed. We show leaders how they can deploy agile throughout the organization. And just as importantly, we work to align governance, processes, and organizational structure with a more platform-driven—and less siloed—operating model

Drive technology transformation.?One of the most crucial elements of digital transformation is a?data and digital platform?(DDP). A launching pad for high-value use cases, a DDP utilizes components—including a data lake, APIs, and?microservices—that allow companies to build applications in a modular, scalable way and to readily access the data they need. We help companies create DDPs as well as the governance and processes that let them deliver new capabilities—and value—at digital speed. We also assess how new technologies, ecosystems, and partnerships, in areas such as?Artificial Intelligence?and the?Internet of Things, can enhance transformation and spur new opportunities.

Govern for value.?Businesses that transform successfully leverage fast—and simplified—decision making. They use the right KPIs—often all-new ones—to monitor progress toward outcomes. And they remove obstacles quickly and effectively. We help companies develop a weekly cadence for vital decisions (no more one-month gold standard) and a robust digital value measurement system. We show them how to bring their business and tech sides together and how to lead the transformation from the top—but imbue every level with responsibility.