Digital Transformation goes way beyond just technology. Digital Transformation is all about leveraging technology to achieve business goals and to generate superior value by transforming the business operating model (i.e., business processes, organization, governance, tools and, ecosystems).
Either, the goal is to diversify the business, to optimize customer experience or to maximize the operating margin, the Alignment component allows to identify or confirm the business imperatives and vision that will dictate the ad-hoc milestones and path to a successful Digital Transformation.
An effective Digital Transformation requires an Architecture Design where the corporate strategy, the business processes, the information and, the multiple technology layers converge into Digital Business Transformation Blueprints.
By Blueprintring the Digital Business Transformation, companies get a clear picture of how the business processes, the organization, and the technology will leverage the business’ strategic imperatives; as well as, how new and legacy technologies will co-exist and interact to produce the expected business outcomes.
By identifying current and future Business and IT Capabilities, their maturity levels and, by defining action plans (list of initiatives) to take them to the expected end state, companies can respond to two fundamental questions:
After having identified all necessary initiatives to develop the new capabilities, it is imperative to assess their Cost-Benefit ratio individually, as well as their interdependencies. This exercise will lead to defining the sequence in which each and every initiative in the Digital Business Transformation program should be executed.
Taking advantage of technologies such as Robotic & Intelligent Automation, Business Process Orchestration Platforms, and Cloud, results in opportunities to maximize productivity, cost efficiency, and ubiquitous business continuity.
The Robotic & Intelligent Automation services cover process automation opportunity assessment, design and implementation of business solutions based on technologies such as, RPA, Chatbot/Virtual agent, OCR/ICR, NLP and/or Machine Learning to digitally emulate human task execution, communication, interpretation, and decision making.
A Results Management Office of a Digital Business Transformation program - as well as a traditional Program Management Office- monitors and measures progress, time, quality, and costs; identifies and mitigates risks; manages communication; defines governance principles among stakeholders; provides guidance and management tools.
Assures that spend on initiatives is generating business value
Assures that the initiatives support business and IT visión, and adhere to business case
Sets the correct program direction and provides processes, tools, and leading practices to assure that the program is positioned to deliver expected outcomes
Assesses the current state of initiatives relative to market conditions, assures that the initiative is continuously relevant, and identifies areas of focus or change required to respond to shifting competitive landscapes
Validates the readiness of the organization to acept and make most efficient use of initiative outcomes
Related Topics: Results Management Office
A Digital Business Transformation program assumes a large number of initiatives competing among them –and with an even larger number of initiatives from other programs- for priority and resources. Thus, becoming part of a vast portfolio of initiatives with potential for redundancy, conflict and, confusion.
Strategic Project Portfolio Management. Defines, implements and manages clear criteria, processes, governance and, metrics to optimize the Digital -or Corporate- project portfolio. It centers the attention on continuously measuring the impact and contribution levels of each and every initiative to the corporate goals.
Strategic Spend Management. Helps companies defining the right mix of Strategic Investments and Operating Expenses in IT in 4 categories to best support the Digital Continuum.
Related Topics: Project Portfolio Management; Strategic Spend Management