From industry disruption to ever-changing business models and customer experiences, a forward-thinking digital strategy has never been more important.
To remain competitive and stay ahead of the curve, organizations must act with a digital focus in all areas of their operations. Digital-first thinking comes with the ability to think critically and strategically about your organization and how you do business in a way that wasn’t possible before.
According to Gartner, “Digital transformation can refer to anything from IT modernization (for example, cloud computing), to digital optimization, to the invention of new digital business models.”
At Eide Bailly, we believe the last two parts of the definition are most critical: “digital optimization” and “invention of new digital business models”. These represent the real opportunity within digital transformation.
The real opportunity in digital transformation lies within digital optimization and the invention of new digital business models.
The transformations that work put improvements for people and processes first. These transformations will empower individuals and teams to be more productive, better serve customers and improve business processes, eliminating waste and inefficiencies.
A truly mature digital organization focuses on streamlining processes, improving customer experience and harnessing technology and data to drive real-time decision making.
What’s your digital transformation maturity level?
All organizations fall somewhere on the digital transformation maturity scale. Want to know where you are and steps you can take to increase your digital efforts? We’ve created a guide to help you do just that.
Strong digital transformation efforts redefine business models to be more effective in an increasingly digital economy. Those who are not prepared to embrace the true meaning of digital transformation will be left far more frustrated and unable to adapt to change.
Here’s what makes the strongest digital transformation efforts most successful.
A connected business is a smart business. Ensuring your data and systems play well together is critical to your transformation. From ERP and CRM solutions to insight in real-time, we’ll help you define the best technology strategy for the future you want.
The Fourth Industrial Revolution is all about your data. While data sources are great, if you can’t see the full picture, they’re next to worthless. Realize the full value of your business data with the help of our team of data analysts.
Checking things off your to-do list is great, but not when the big picture is out of focus. Transformation begins with an examination of your processes. By eliminating waste, dealing with inefficiencies and outlining objectives, you’ll be ready to move forward with confidence.
The organizations that will stand out in the future are the ones that can embrace adaptability and change. Data-driven intelligence, better planning and the ability to forecast will help you get ahead, rather than being left behind.
Transforming your business begins with a look at people and processes. The tech should follow. Start the conversation.