5 movies to make during a Digital Transformation

In a world that’s constantly marching forward and evolving, it’s only fair that your business does too. Businesses can only remain competitive and relevant if they become increasingly digital. According to a survey by Seagate, An additional 34% of companies say they’ll fully adopt digital transformation in the next year. Digital transformation is no longer the future, it has now become a grave necessity that needs to be woven into the very fabric of a business organization.

Companies are now recently understanding the need to emphasize on creating effortless digital solutions both internally and externally for their employees and customers respectively. Its time to give digital transformation its credit when due, as Aaron Levie, CEO of Box has said “The Last ten years of IT have been about changing the way people work. The next ten years of IT will be about transforming your business.”

According to a review from Gartner, By 2020, 25% of customer service operations will use virtual customer assistants like chatbots, up from 2% in 2017. It’s safe to say there is no stopping this storm of digitization of businesses. Yet, there are very few who don’t know how to move forward with it. We have narrowed it down to five ways to make your digital transformation a sure success:

Set clear objectives

Successful digital transformations are often proportionate to the focus on the track organization chooses to work on. Whether its fast innovations, improving productivity or customer experience.

Having the clarity of the direction makes the decision of investing in initiatives much clearer which comes from keeping in mind both the short term and long term scenarios.

Be bold when looking for a purpose

The most successful digital transformations are majorly holistic to the company and hardly department centric. It is a widely acknowledged fact that if the scope is bigger there might be a hefty chance for a successful transformation.

Digital companies are generally using new digital technologies to gain complete benefits from their technology investments. More often than not there are chances for a new digital business while under-going this transformation. Which is why, according to Accenture, 31% of companies have invested in AI as an effort to get ahead of the competition. Thus, it pays to be bold while setting a purpose for your digital transformation.

Create an adaptable design

The companies that are launching this digital transformation are most likely to be flexible in their allotment of transformation targets. Digital transformation themselves are not stable and thus need recurring adjustments, whether its weekly or monthly changes.

When this adaptation of frequent changes are noted in the designing of transformations, the rates for success are over the roof. Thus, it should be made sure the transformation is properly funded and not only by one department of the organization, but it should be the most prioritized project for everyone collectively.

Adopt fast-paced executions & mindsets

These organizations also hire new employees that have strong digital skills for the transformation. According to a survey by McKinsey, 53% of employees have been given training for new digital skills for the transformation.

Allotting responsibilities for the portions of transformation provides greater clarity and success while reducing the risk of wasting resources too.

Every effort made by different companies towards a successful digital transformation share a few common traits. Companies tend to look among themselves while undergoing a transformation for digitizing their operations. All of this breaks down to the simple intention of giving a better customer experience. The digital transformation itself exists to serve the customers and make their lives easier. According to Sweor, 57% of people won’t recommend a business if its website isn’t designed well for mobile use. What we derive from this is, digital transformation is the future of customer experience, and companies that don’t embrace changing technology could easily get left behind.

Making leadership and responsibility clear

There are certain roles that can steer the entire direction of the transformation’s strategy and its execution. When roles are allotted properly there is better communication for tracking the progress of transformation in the market.

Allotting responsibilities for the portions of transformation provides greater clarity and success while reducing the risk of wasting resources too.

Every effort made by different companies towards a successful digital transformation share a few common traits. Companies tend to look among themselves while undergoing a transformation for digitizing their operations. All of this breaks down to the simple intention of giving a better customer experience. The digital transformation itself exists to serve the customers and make their lives easier. According to Sweor, 57% of people won’t recommend a business if its website isn’t designed well for mobile use. What we derive from this is, digital transformation is the future of customer experience, and companies that don’t embrace changing technology could easily get left behind.