What digital transformation means for your business
- Andrew
- February 7, 2022
- 9:22 am
Introduction
Many organisations are embarking on digital transformation programmes. Regardless of post-Covid or a desire to be more competitive, it is important that executives understand digital transformations and their role in a successful transformation.
This guide will give an overview of digital transformation and describe the role executives can play to make it a success.
Why is Digital Transformation Important?
It is likely that an organisation will run many programmes in a year. Though it is likely to be important initiatives, however, transformation and digital transformations can be critical to ongoing viability of an organisation. If this wasn’t true, then the programme probably isn’t transformational.
There are many examples of these types of ‘transform or die’ programmes. For instance, Netflix used new technology to transform from a physical rental model to an online streaming service. As a result, this has become an example of a successful transformation in killing its competition at the time, Blockbuster.
There are many drivers for transformation programmes such as:
- New competitors
- New technology
- Change in customer behaviours, for instance, move to online shopping
- Mergers
- De-mergers
- External events forcing a change in business model – for example, the Covid pandemic or Brexit
Therefore, transformation can be critical to the ongoing survival of an organisation. As a result, this is why transformations need to be properly managed, sponsored and challenged.
These days most transformations are digital transformations. For instance, transforming an organisation by, wherever possible, replacing manual or labor-intensive processes with efficient digital technologies and systems.
To access the full guide please click on the following link: An Executive Guide to Digital Transformation.
Who is Andrew Fox?
Andrew is the founder and managing director of The Project Bureau and has successfully delivered some major projects and programmes for many organisations for more than a decade. He holds a masters degree in project management, a chartered project professional, a certified practicing project director, a Praxis, MSP, Prince2 & PMBoK certified practitioner as well a registered project manager.
He is also a project management assessor and lectures in project management at the Australian National University on the Masters of Project Management (MPM) degree.
Who is Andrew Fox?
Andrew is the founder and managing director of The Project Bureau and has successfully delivered some major projects and programmes for many organisations for more than a decade. He holds a masters degree in project management, a chartered project professional, a certified practicing project director, a Praxis, MSP, Prince2 & PMBoK certified practitioner as well a registered project manager.
He is also a project management assessor and lectures in project management at the Australian National University on the Masters of Project Management (MPM) degree.