Sometimes you grab onto a hot new information technology development, and sometimes that new IT grabs you. The former is preferable, of course, and that's why now is the time -- if you haven't already -- to develop a digital transformation framework for your company and get senior executives to sign on to the plan and its vision.
Digital transformation is, as TechTarget's WhatIs.com defines it, "the reinvention of an organization through the use of digital technology," that causes a "fundamental change to an organization's day-to-day business." The goal is to improve how a company serves its clients and customers, but the process of digital transformation can be unsettling, to say the least. Digital transformation is, in other words, inevitable, essential and difficult.
As essential as a digital transformation plan is, the Economist Intelligence Unit found in a 2016 survey that there's still a lag in companies implementing digital strategies. Thus, planning a digital transformation framework is not a task to put off a moment longer. What this means is that a plan is essential to reap the benefits of digital transformation while avoiding the worst of its potential disruption. Changes must be made not just to the technologies at play within the enterprise but also to how corporate teams and their leaders relate both to that change and to each other.
A key element that will have to be considered is how to handle the internet of things. Without IoT, an effective digital transformation might not be possible. IT teams and their leaders need to learn how to prioritize the elements of a digital transformation framework and how to present their plan in a way that appeals to C-level executives.
Don't be one of those enterprises lagging behind: Read this guide to developing a digital transformation framework so you'll be prepared to grab this IT bull by its horns.