COVID-19 is forcing many companies to speed up the timeline of their digital transformations. These 12 steps to digital transformation can help:
of companies had a digital transformation in place or were working on one, but it seems most companies were not far enough along to make Covid-19 a non-issue. There a few reasons why the Coronavirus, or COVID-19 have forced companies to visit a digital transformation faster. One Forbes contributor Andrew Filev in his
For many of you that are not used to a digital way of work, COVID-19 might have expedited your timeline for a digital transformation - and that’s not a bad thing. Digital transformation seems to be the current business buzzword. But not all digital transformations are created equally., of the $1.3 trillion spent on digital transformation in 2018, an estimated $900 billion was wasted when initiatives didn’t meet their goals. You don’t want this to be your company.
The goal of a digital transformation is to use technology to solve traditional problems, which means integrating technology into every area of the business. When done right, digital transformation allows companies to provide unprecedented value to customers. Digital transformation doesn’t have to be overwhelming. It’s not something to check off a list, but instead a mindset that becomes part of the organization’s culture and experience. When a company approaches a transformation with that in mind, it creates a much more manageable transformation. Many of you are now working against the clock, and my 12 steps might get you there faster.
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