The Burgeoning Digital Transformation And The Challenges Involved - PowerPoint PPT Presentation

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The Burgeoning Digital Transformation And The Challenges Involved

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Many organisations have started their ambitious journey in order to reshape their existing market and open the doors to the treasure trove. Enov8 brings down to you the key challenges faced by the organisations which need to be overcome in order to have a successful transition. – PowerPoint PPT presentation

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Title: The Burgeoning Digital Transformation And The Challenges Involved


1
  • The Burgeoning Digital Transformation And The
    Challenges Involved
  • The golden age of digital business is revolving
    around the physical-digital-physical loop. To be
    in the race of Digital Transformation, many
    companies misinterpret between "Doing digital"
    and "Being digital". Companies are investing much
    in this transformation and are enjoying the
    increased market share and a rise in customer
    engagement. For organisations, it's no more an
    option to embark on the journey to digital
    transformation but is a prime requirement.
  • A survey by Riverbed Digital Performance 2018
    says
  • "Out of 1000 business decision-makers, 98 agree
    that digital, including the delivery of digital
    services/apps, is critical for future business
    success 95 face challenges when it comes to
    achieving a more successful digital strategy."
  • With Digital transformation shaping up the IT
    industry, achieving the set goals and providing a
    seamless customer experience is no more a pipe
    dream. But wait, let us first explain the term
    Digital Transformation.

2
  • A Harvard business review quotes Digital
    transformation as "Digital transformation is an
    ongoing process of changing the way you do
    business. It requires foundational investments in
    skills, projects, infrastructure, and often, in
    cleaning up IT systems. It requires mixing
    people, machines and business processes, with all
    of the messiness that entails."
  • Many organisations have started this ambitious
    journey in order to reshape their existing market
    and open the doors to the treasure trove. Enov8
    brings down to you the key challenges faced by
    the organisations which need to be overcome in
    order to have a successful transition.

3
  • Culture Challenge
  • There are very few people who are stimulated by
    organisational change. For most of them, change
    is overwhelming. With the expansion in the
    digital landscape, there is a significant change
    in the structural, behavioural and process
    requirements of an organisation.
  • To embrace the change, companies should address
    the changes proactively, be it in terms of the
    new workflow, changes in job roles, test data
    management, and other responsibilities.

4
  • There may be employees who would be reluctant to
    welcome the changes, but organisations should
    confront these barriers. This process includes
    talking with the employees, informing them about
    the transition time, objectives and the
    commitment requirements.
  • A skill gap analysis should also be conducted so
    that new recruitments can be made or training can
    be imparted to meet future goals.

5
  • Digital Strategy and Vision
  • According to Jabil survey, 23 of manufacturers
    admit having a corporate-wide strategy for the
    digital transformation journey. To be in the race
    of digitalisation and under immense market
    pressure, the organisation focuses more on IT
    Environment Management Tools, performance
    benefits etc. Instead, they should focus more on
    the performance improvements and the internal
    alignment of the company's work structure.

6
  • They need to have a clear goal defined and a
    roadmap to reach that goal, otherwise, success is
    unlikely to happen. The company undergoing
    digital disruption knows well the core existing
    competencies and strengths. These strengths
    should be included in the new strategy, which
    will help them to capture progress towards the
    business vision.

7
  • The new IT infrastructure and lack of digital
    expertise
  • Changes in the current technology stack are
    inevitable during the digital transformation. The
    traditional technology stack may become a barrier
    in delivering polylithic applications. The
    company planning for this new journey should be
    ready to accept the new methodologies,
    dependencies and technology stacks.

8
  • Along with this, upskill employees should also be
    brought on the board. To overcome this challenge,
    the organisation should adopt a bimodal IT
    approach. Confused with the term? Let us explain
    it to you.
  • A Bimodal IT approach includes two modes, mode 1
    and mode 2. Mode 1 which encourages new
    technology and prepares an environment for the
    new process adoption and Mode 2, which continues
    to work on the existing practices. This approach
    maintains a balance and mitigates the chances of
    any risk during the transition.
  • During this, the lack of tech expertise can not
    allow the organisation to succeed. Hence
    organisations should have a good combination of
    talent and technology to nail down the
    transformation efficiently.

9
  • Organisational Structure
  • The existing organisational structure
    acknowledges only the departmental internal
    objectives, but the digital initiative involves
    changing of most of the components of the
    organisation. The current workflow, team
    visibility and the feedbacks need to be changed
    for enabling an efficient organisational
    structure.

10
  • The organisation needs to build a
    customer-focused company and should be flexible
    to include continuous improvements in the
    process. The digital landscape is continuously
    evolving, and it may happen that the workflows,
    technology stacks or the skill set may become
    outdated very quickly.
  • Hence the organisation should create a structure
    that is efficient enough to respond to the rapid
    market changes, creating new KPIs and changing
    the new workflow whenever required. The
    organisational structure should be able to
    acknowledge the loopholes and strategically
    increase productivity.
  • The digital transformation thus is not only
    digitising documents, but it involves myriads of
    challenges. Changing things on paper sounds
    easier than incorporating the changes into the IT
    test data management and the technology stacks.
  • We hope this article helps the organizations to
    overcome the performance issue and develop
    digital capabilities to effectively participate
    in the digital transformation journey.

11
Contact Us
  • Company Name Enov8
  • Contact Person Niall Crawford
  • Address Level 5, 14 Martin Place, Sydney, 2000,
    New South Wales, Australia.
  • Phone(s) 61 2 8916 6391
  • Fax 61 2 9437 4214
  • Website - https//www.enov8.com

12
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