How do you process a digital transformation?

What are the four steps of digital transformation?

To ensure the success of your digital transformation (DTX) initiative, consider the following four steps.

  • Step 1: Identify the Right Stakeholders. …
  • Step 2: Commit to All-In Strategic Planning. …
  • Step 3: Create a Strict Timeline. …
  • Step 4: Take Responsibility for Data Security.

How do you undertake a digital transformation?

5 Key Practices in Implementing Digital Transformation

  1. Define your strategic direction. …
  2. Align the organization. …
  3. Implement your strategy in an adaptive manner. …
  4. Stimulate local innovation, improvement and learning. …
  5. Stay compliant with applicable regulations. …
  6. Manage risks to implement transformation.

What is the first step for a business looking to digitally transform?

The datafication of your organisation is the first step in digitally transforming your business. The stakeholders within this process are your employees, customers and the business processes available within your organisation and supply chain.

What is the focus of KPMG’s Digital Solutions?

KPMG will offer customer-focused digital solutions including licence sale, implementation and advisory services using the platform, an official statement said. ServiceNow’s cloud-based platform integrates systems, operations and data for digitalisation of businesses.

What are the three 3 main components of digital transformation?

Executives are digitally transforming three key areas of their enterprises: customer experience, operational processes and business models. And each of these three pillars has three different elements that are changing. These nine elements form a set of building blocks for digital transformation.

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What is digital transformation example?

Bringing artificial intelligence into your service organisation is a prime example of the power of digital transformation. AI-powered chatbots that answer simple customer inquiries serve as a welcoming presence on your website, reducing the time customers have to wait to reach an agent.