Businesses go through digital transformation in response to a wide range of factors. Some seek to capitalize on emerging technology innovations and stay competitive; others are responding to changing customer expectations, regulatory requirements or business challenges. Whatever the motivation, successfully executing a digital transformation process will help businesses remain flexible and ready to adapt as market conditions change, as well as improve employee and customer experiences.
It’s important to keep in mind that digital transformation is more than just adopting new technologies; it’s a fundamental shift in how the business operates, competes and delivers value. As such, it requires a holistic approach, including organizational culture, business processes, and technology tools that work seamlessly together to achieve the desired results.
Achieving success with a digital transformation process begins with understanding why the initiative is necessary in the first place. For example, in the retail sector, customers expect their favorite retailers to have mobile apps that offer fast and efficient self-service. Similarly, a government agency may digitize its records to make it easier for citizens to access information and services. Alternatively, a furniture store might use virtual showrooms and online design tools to help customers visualize and plan the products they want to buy.
It’s also crucial to ensure that employees are involved throughout the process, especially when determining where to focus their efforts. Involving key employees early on helps to drive employee engagement and encourage the use of new systems and processes. Additionally, seeking input from employees throughout the entire organization can help to break down information siloes that can hinder collaboration and lead to a tangled mess of data.