Digital Transformation: A Strategic Structure for Implementation

Digital technologies have brought about significant changes in the industry and business environment, leading to a holistic socioeconomic and industrial transformation. To cope with the accelerated speed of global digitization, a multi-dimensional strategy is needed to accept, adopt, and adapt the digital transformation process across society and business. This book provides a strategic structure that covers Digital Challenges for Industries, Applicability for Digital Transformation, Digital Transformation Framework, People and Organization Structure, Capability Delivery Activities, and Life Cycle Benefits. It emphasizes the importance of aligning digital transformation goals and strategies being in line with a company's business objectives and the role of employees in overcoming structural tension between old and new. Companies need to orient as learning organizations to provide opportunities for growth in an ambidextrous environment.

Format: Paperback / softback
Length: 108 pages
Publication date: 07 June 2022
Publisher: Taylor & Francis Ltd

The advent of digital technologies has brought about a profound transformation in society, reshaping the very fabric of our existence. In the past decade, digital technologies have revolutionized the industry and business landscape, ushering in fundamental changes that have had a lasting impact on the global economy. The holistic socioeconomic and industrial changes that have occurred are a result of the broader aspects of digital transformation, which possess rare and inherent capabilities of self-transformation to bring long-term benefits to the entire business environment.

After the steam engine, electric generator, and printing press, the recent development of digital transformation has created a new opportunity for disruption and renovation. However, the most significant difference between digital transformation and the previous general-purpose technologies is the pace at which it has spread across the globe. To cope with the accelerated speed of global digitization, it is essential for society and businesses to embrace, adopt, and adapt the digital transformation process using a multi-dimensional strategy.

This book serves as a valuable guide, providing a strategic structure that encompasses various aspects of digital transformation. It explores Digital Challenges for Industries, the Applicability of Digital Transformation, the Digital Transformation Framework, the People and Organization Structure, Capability Delivery Activities, and the Life Cycle Benefits. By delving into these topics, the book offers insights and practical strategies for businesses to navigate the complexities of digital transformation and create a framework that aligns with their specific needs and goals.

Digital transformation is not just about adopting new technologies; it is about embracing a mindset shift and a culture of innovation. It requires organizations to reevaluate their business models, processes, and strategies to leverage the power of digital technologies to drive growth, efficiency, and competitiveness. This transformation involves a shift from traditional business practices to digital-first approaches, where customer experiences, data-driven decision-making, and automation are prioritized.

One of the key challenges facing businesses in their digital transformation journey is the need to invest in digital technologies. This investment requires a significant amount of capital, resources, and expertise, as well as a willingness to embrace change and adapt to new technologies. However, the benefits of digital transformation are immense, and the potential for growth and innovation is limitless.

By embracing digital transformation, businesses can gain a competitive advantage in the market, improve customer satisfaction, and enhance operational efficiency. Digital technologies such as cloud computing, artificial intelligence, and the Internet of Things (IoT) enable businesses to streamline their processes, reduce costs, and increase productivity. They also provide valuable insights into customer behavior, market trends
trends, and operational performance, which can inform decision-making and drive innovation.

In conclusion, the advent of digital technologies has brought about a transformative shift in society. Society is reshaping itself radically, and businesses must adapt to this changing landscape to remain competitive and relevant. By embracing digital transformation, organizations can unlock the full potential of digital technologies and create a sustainable and prosperous future for themselves and their stakeholders. This book serves as a valuable guide.

Dimension: 229 x 152 (mm)
ISBN-13: 9781032220192