What is Digital Transformation Consulting?
An organization requires digitized technology to survive. To process digital technology, an organization must have adaptability. The directors and managers of the organization must be willing to change the structures of the organization. Digital Transformation consulting is a process in which technology-driven systems are installed and implemented within the framework of how an organization works. Digital transformation consulting can be within all levels of the organizational framework and does not need to be only related to IT systems within a company.
For example, a traditional enterprise with paper-based documents that implement e-documents and digitized documents is an example of digital transformation. Using a consultant to assist in implementing this model is called as digital transformation consulting.
What are the Factors that affect Digital Transformation Consulting?
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Digitization
It is not news that every organization wants to keep up with changing trends in the market. Due to this, organizations around the world want to evolve the way they work. Traditional approaches that are followed in the past are not used anymore. With the advent of digitization and introduction of Artificial intelligence (AI), Internet of Things (IoT), Big Data and Machine Learning, companies are benefitting with the increased use age of modern methods to perform simple tasks. For example,- When it comes to contract drafting and vetting traditional law firms would use human resources to complete the tasks. However, a law firm with digital transformation consulting system’s would use AI to go through the contract. By doing this, a 100-page contract can be vetted.
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Changes in working methods
Organizations around the world want to adapt to new ways of working. There are many advantages of changes in working methods. Using advanced technologies and digitization would increase the speed at which systems work in an organization. Apart from this, individuals in an organization prefer using advanced methods to carry out daily tasks. Example- Artificial intelligence technologies are used to identify accounting systems and extract relevant data. Similarly, manufacturing industries around the world prefer using 3-D printing technology methods to carry out tasks. Implementing 3-D printing in a manufacturing unit increases the amount of production.
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User Friendly Approaches
With the introduction of AI and digitization, the process in which these mechanisms are implemented within an organization makes it simple for users to access these technologies. Training an individual to use these processes also helps the organization reduce the amount of labour.
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Modernization
Modernization is an added factor that helps an organization evolve with the changing market trends. Digital Transformation consulting helps in making the business modern with the growth of the economy. No company wants to be left behind with traditional ways of working. Therefore, digital transformation consulting streamlines all the processes within the framework of the company.
Scope of Digital Transformation Consulting
Digital Transformation Consulting is carried out for the following reasons:
- It helps the company develop different strategies.
- It develops the speed at which the company operates.
- It keeps the company or organization up to date with the growing trends of digitization.
- Digital Transformation consulting will help improve the reputation in the minds of customers. Consumers have more trust in companies that use modern processes and technologies.
- Digital transformation helps in integration systems within the company. Through this process, it creates optimization within the systems present in the company and improves the speed at which individuals work.
- It helps to add value to different business functions of the company. These business functions can be the Research and Development, Human Resource department, and finance departments.
- Companies that use digital transformation consulting processes can focus on the main goals of the company. The shareholders and directors can focus on the main functions of the business.
- Digital transformation helps employees in an organization perform tasks at a rapid pace, making them more productive.
- Having Digital Transformation in an organization improves the productivity of an organization and improves the company's internal controls. A company with IT systems will have a framework for cybersecurity. The cybersecurity protocols followed in the company will have antiviruses, cybersecurity software, and other measures to prevent any form of security or data breaches.
- Collaboration is required for a successful business venture. A company using effective digital transformation consulting systems will have improved collaborations with different fintech companies. An NBFC company having digital transformation processes will have more collaboration with Fintech companies.
Kinds of Digital Transformation Consulting
Digital Transformation consulting is vital in an organization. However, there has to be effective integration between departments to synchronize processes within the company's framework. The types of digital transformation models are as follows:
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Process Transformation and Implementation
An organization should understand that the IT department is the primary key for successful integration and implementation. Some of the executives who form the basis for practical implementation are the Chief Technology Officer (CTO) and Chief Digital Officer (CDO). However, these executives only focus on implementing digital transformation strategies across the organization. The Chief Executive Officer (CEO) must implement it throughout the systems of the company.
Corporate’s focus on achieving a vast amount of work within a given period. These corporates use technological processes such as analytics, AI, and big data to help them achieve tasks at a rapid pace. Banks utilize enabling technologies such as machine learning to improve processes such as sanctioning of loans. Fast food companies also typically use these processes to change protocols in which companies work. The multinational fast-food pizza company Dominoes Pizza implemented digital transformation processes to improve food ordering systems. Through a mobile app, consumers were able to order fast food and check their order status and expected delivery time. Risk process automation is another way in which organizations can implement digital transformation. Through this system, back-office processes can be improved.
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Strategic Model Transformation
Many organizations use digital transformation consulting processes to transform traditional technologies to modern technologies. In this form, specific units or departments of an organization are focused on. A typical example of this would be how the Video Streaming Giant, Netflix remodelled its strategy from distributing movies from retail outlets to online. In India, the food delivery company Swiggy has integrated with different food outlets to deliver food in metropolitan hubs. Consumers do not have the approach an outlet to make an order. Instead, they can make an order just by using the mobile application. In this model, only the strategy is improved for the business. The traditional model of carrying out the business for the organization is still preserved.
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Transformation of the Whole Domain System
This model is predominantly focused on using existing technologies and processes to achieve a competitive advantage. Organizations use this form of the model to enter into new areas. An E-commerce company that uses traditional modes of transporting goods to customers can expand its operations to domain systems. This is possible through the use of cloud and other forms of technology. Companies with a lot of cloud space and other technologies can benefit from this form of the domain system.
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Organizational Model
In this form of digital transformation, the main focus is to implement digital systems in the company. However, the above model focuses on changing all employees' mindset regarding the use of digital methods. This can be carried out by providing training on the use of digital methods in the company. The main aim of this process is to synchronize the same level of mindset amongst all employees in an organization. This will improve the capabilities and help the companies move forward.
Enterslice Digital Transformation Model
Enterslice views digital transformation as an effective process of constant development and evolution. Through constant innovation, we provide effective digital transformation services for your organization. Our digital transformation model focuses on digital development for your organization. By focusing on this, your organization will have the highest optimum digital transformation capacity. Our model will help your organization achieve its strategic long term goals and short term goals.
Our digital transformation model will focus on the following:
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Strategy, Goals, and Mission
This will include focusing on strategy, goals, and mission as per the management's requirements. Apart from this, digital transformation strategies would be effectively implemented within the management structure of an organization. By using this method, all employees in an organization would develop effective synchronization between the goals which have to be achieved by the organization.
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Culture in the Organization
All employees in an organization must adopt similar attitudes to changing business needs. Through this, effective synchronization can be established in an organization. Corporate culture will improve the overall goals of the organization.
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Hierarchy
Hierarchy in an organization would depend on the relationship that the upper management has with the employees. The digital transformation model would depend upon the hierarchy maintained between the employees of the organization. The upper management, such as executives, would be responsible for implementing the framework for digital transformation.
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Effective Communication
The management has to effectively communicate its implementation plans throughout the organization. By doing this an organization can work on digital transformation model.
Enterslice Advantage- Digital Transformation Consulting
- Enterslice is a recognized management consultant in digital transformation services.
- IT experts at Enterslice have integrated various organizations with digital services. Our primary objective is to add value to your organization.
- We have multifaceted teams of professionals comprising of IT professionals, lawyers, and analysts.
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