Transformation is more than just about digital and technology

Transformation is more than just about digital and technology

Digital transformation is more than just implementing new technology - it's about building the right capabilities and methodologies to drive innovation and growth. In order to bring your digital transformation initiative to life, there must be a significant gap between your current capabilities and what is needed. The first four elements of the capabilities dimension - design, methodology, data and technology - are standard for any digital transformation, while the last two - ecosystem and new disciplines - are specific to your industry.

Design is about deeply understanding customer/user needs and creating a product or service to address them, with four key capabilities: analytical leadership, cross-functional talent, user experience, and continuous iteration. The business innovation designer is a new and important role that combines being human-centred with being profit-centred, and focuses on executability, ambiguity, and continuous refinement. In the near future, business innovation designers will be in high demand due to the increasing number of digital transformation initiatives.

Methodology is essential for addressing new approaches to collaboration and processes in digital transformation, with Design Thinking, Lean Six Sigma, and Agile development being key methods. Design thinking is based in human-centric design and understanding customer needs, while Lean focuses on efficiency and continuous improvement, and Agile is about building adaptable software solutions. Combining these methodologies creates a powerful concept-to-code software factory.

Competitive differentiation is shifting to mass customisation and rapid learning, requiring a focus on data and technology capabilities. Data capabilities involve data management, data analytics, and data engineering, while technology capabilities include cloud, mobile, and internet of things. Ecosystem capabilities involve partnering and networking, while new discipline capabilities involve upskilling and reskilling. Building these capabilities requires the right leadership, with a focus on agile and adaptive leadership, digital fluency, and a customer-centric approach.

The National University of Singapore's Digital Transformation Leaders Programme (DTLP) will delve into more on capabilities but also on customers, business and people & leadership. It's just the kind of holistic programme you need to succeed in transformation in an incumbent company.

Don't miss out on the opportunity to learn more about driving your company's digital transformation. Join our NUS Digital Transformation Leaders Programme (DTLP) Preview on?January 12th from 4-6pm to gain valuable insights and tools to make your initiative a reality.

This workshop will allow you to evaluate for yourself how the DTLP can make a dramatic difference for change makers looking to improve their abilities in digital transformation.?

Don't wait – reserve your spot now by clicking on this link:?

The event will be held at?NUS COM III, Executive Training Room,?B1-27.?If you are driving please park at carpark 11.?

The NUS DTLP is unlike any other digital transformation programme available globally today. It has been designed to address complex business transformations that involve people, process, technology, changing customer propositions and business models.?

The NUS DTLP is unique:

  1. One of the world’s first holistic approach (leveraging taP or the allDigitalFuture Playbook) that addresses customer, business, capabilities and people & leadership dimensions, a key ingredient for transformation success.
  2. Created and taught by practitioners who have designed and implemented complex transformations.?
  3. Defines all the 19 levers needed for transformation success and hence provides a map and method that addresses the complexity inherent in most incumbent companies.
  4. Directly addresses the low success rates and prevents the causes of incumbent business transformations failures.
  5. One of the only programmes focused on “how to transform”, versus most other programmes which focus on “why transform” and “what to do” (which often results in a lop-sided focus on digital solutions, one of the leading causes of failure).

Starting a transformation without a holistic approach like taP is akin to putting a 50,000 piece jigsaw without the cover. So, it’s no wonder the odds of succeeding are so low.

Best Wishes for 2023 from Dr Dennis Khoo and Jungkiu (??? 崔晸圭) Choi

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