How to Future Proof your Business Through Digital Transformation
What is Digital Transformation?
Often, when it comes to future proofing your business through digital transformation, there can be some confusion. For example, a disconnection between those who understand why the business exists and what the necessary client needs are. There can also be those who don't understand the technology used in their business. It can be much harder to drive value through adaptation with the business's technology stakeholders and client advocate. Such as, when the Sales, Marketing and IT departments aren’t all on the same page.
A quality Digital Transformation plan consists of educating the company on the ever-changing technological aspects of a company, the industry, as well as their products and services. It is about learning how to adapt the company culture to not only keep up with these transformations, but to stay ahead of the curve and thrive.
What a 'Future Proof your Business Through Digital Transformation' Plan Looks Like
The key to future proofing your business through digital transformation is to have a clear vision that is specific to your company. One size does not fit all, so it is important to detail and have a clear and concise outlook of where you wish your company to go in the future.
According to Forbes, today’s leaders need to be up to date on every tech trend in their industry and the greater marketplace. After all, customers don’t just develop standards based on what they experience buying a product. They develop expectations based on every single interaction they have in the digital landscape.
Therefore, it is essential that businesses stay ahead of the game, and are aware of what is trending in the present time, as well as focusing on what is set to evolve in the future.
The Problem
According to ES Magazine, a lack of a clear and unified strategy or a deficient strategy is an obvious mistake companies often make. Companies also often confuse goals with strategy.
In order to not only keep up with the ever-expanding era of today's technological advancements and digital transformation, businesses must adapt quickly to stay ahead of the market and embrace essential traits.
For example, a drive to improve client satisfaction is not a strategy; it’s a goal. And if strategies are only set by each department, i.e. Sales, and not aligned across the entire company or business, it’s no wonder that overall business value isn’t achieved.
Setting an adequate strategy correctly is a necessary step if you wish to achieve these goals and see proactive results.
The Solution
Implement Updated Technology and Available Data
So how do you future proof your business through digital transformation? Effective businesses in today’s market need to use the technology and data already available to them to make smarter, more strategic decisions. It is best to utilise cloud-based data and learn what you can from it. After all, if you aren’t using today’s available data, it will be difficult to adapt to changes in future.
No doubt, businesses today are under tremendous pressure when it comes to adapting — and thriving — in an age of chaotic and disruptive change. But at the root of it, leadership traits of the most successful businesses are the same as they’ve always been: committed to the client, focused on continuous improvement, and capable of inspiring their teams even in the face of massive change.
What it comes down to is determining goals, staying ahead of the ever-evolving world of digitalisation and fully utilising your available data to determine your business goals and client needs.
Recommended Resources
dita Documents
Spend less time searching for paper documents in a filing cabinet, or scrolling through endless desktop folders, as you'll find everything you need in one, simple location.
dita Learning
Manage training and compliance online in one easy system, for inductions, professional development, competencies, surveys and compliance tracking.
The key to document management is automation. Once a document is captured, it should work for you. It should be there when you need it and it should be accessible to those who need it when they need it.
Benefits of dita Documents
Automate the process of renewal, storage and distribution throughout your business or organisation
Increase document security with permission controls and audit trails for each document
Improve your business’s legislative compliance in one easy step by streamlining the creation of your important business documents
Benefits of dita Learning
Create learning and development programs for staff and ensure they're trained, compliant and updated
Easily assign tasks to employees, individuals or groups via the online system
Increase staff incentives and assist new employees to become valuable team members
Find out how dita can Improve your Business Processes
Process improvement isn’t a set-and-forget task. It’s something that is continuously evolving and changing, as the needs and goals of your business change.
What once worked, may cause difficulties for your business today.
In this webinar, CEO Ben Pedrazzini discusses the 5 Warning Signs to look for in your business that may suggest it’s time to improve your processes.
Don't know where to start?
We know it can be difficult to understand a new platform when you don't know anything about it.
So, why not try before you buy!
Start your free trial of dita Documents by clicking on the link provided.