Since the ’80s, industries have utilized digital technology to enhance resource management, bolster safety, and drive efficiencies. The ongoing evolution in Digital Transformation has significantly shaped the industrial landscape over the past few decades. The advent of disruptions and global challenges like pandemics has expedited this shift, pushing all sectors to adopt a more digital-centric business model.

Digital Transformation is the act of integrating digital technology across various business functions to adapt to industry trends, market dynamics, and evolving customer expectations. It’s about optimizing business processes to achieve maximum efficiency, drawing on both digitized data and applications.

Digitization, on the other hand, is the conversion of information into a digital format. Once information is digitized, it enables automation and streamlining of workflows.

For those leading processes, a focus on digital transformation is paramount. Formulating business plans that emphasize digital endeavours can catalyse organizational growth and deliver greater value to customers.

1. To effectively implement Digital Transformation, leaders must:
2. Align strategies with overarching corporate objectives
3. Evaluate organizational readiness for transformative changes
4. Examine the existing infrastructure, identifying vital metrics, and noting areas of improvement like connectivity issues and data linking needs
5. Foster cross-departmental collaboration, breaking down silos
6. Prioritize customer-centricity in process design
7. Recognize and leverage quick wins, while quantifying the potential benefits
8. Construct a robust technological base, ensuring that technology is oriented around the insights derived from data

Arora, V. (2022, April 21). What are the steps to Digital Transformation. Retrieved December 18, 2022, from Planet Crust: https://www.planetcrust.com/what-are-the-steps-of-digital-transformation?utm_campaign=blog

Hanna, K. T. (2022, October 18). What is digitization? Retrieved from Tech Target: WhatIs.com: https://www.techtarget.com/whatis/definition/digitization

Nguyen, K. (2022, May 18). BASIC STEPS TO DIGITAL TRANSFORMATION IN 2023. Retrieved December 18, 2022, from magenest: https://magenest.com/en/steps-to-digital-transformation/