What is the Right Approach to Adapt to Digital Transformation?
27 July, 2021 by
What is the Right Approach to Adapt to Digital Transformation?
ODES

“90% of CEOs believe the digital economy will impact their industry. But less than 15% are executing on a digital strategy.” 

Digital transformations are revolutionizing the world today. Somewhere or the other while reading about modern business strategies, you always come across this word. 

It isn’t just there. 70% of the businesses have a digital transformation strategy or are currently developing one. 

So, what is this latest approach? Digital Transformation refers to changes and integration of digital technologies that affect business processes, ecosystems, and models. As it becomes the face of change of multiple industries, it becomes important to address one of the most critical aspects: how to adapt to digital transformation?


 

But first, what are some of the motivations of digital transformations? 

With more and more consumers shifting to online shopping and going omnichannel, becoming digitally capable and effectively dealing with traffic has become extremely crucial. Especially after the pandemic, where everything was suddenly changed to distant interactions, businesses are taking their first steps towards digital transformation journeys to adapt to ongoing trends and to meet customer needs effectively in the modern world. 

What is the foundation?

The essential elements of digital transformation are what drives it to deliver results. These involve the integration of digital technology, which enhances efficiency if the right technology that aligns with your business objectives is chosen. Another element of digital transformation is improving customer experience by providing more value to your customers. Digital transformation, additionally, also modernizes the culture of the company and strengthens the core of your business by a strong focus on desired objectives and vision. 

What are the challenges? 

Before looking at the ways to rightfully adapt to digital transformation, it is extremely important to understand the challenges and the problems that are faced to mainly disrupt the process. 

The Right Approach

Company Culture: Resistance towards Change

As said, “Change is the only constant.” Many times, the company culture might be resistant to change and there may be an unwillingness to adapt. Change can be scary and also raise a lot of doubts regarding job security or reasons for the implementation, which can lead to uncertainty and thus disruption of the process. 


Technology

Acceptance of technology might be another reason. This depends on the approach that each company believes in taking, which involves either waiting for better versions of software or implementing it if an exciting opportunity in the form of software arises. 

Financial Challenges

These might involve a conflict of opinions regarding technological investments which can cause unrest and time lags in the whole process or refusal to the process altogether. 


What is the solution?

Engagement at Every Level

This revolves around everyone at every level. By interacting with different stakeholders and constant communication, the idea of digital transformation can be introduced and clarity on objectives can be provided so that everyone is on the same page. This also gains input and buy-ins from different stakeholders. It makes the employees feel valued and more invested in the decision or change. 

Encouraging Employees and Increasing Willingness

By mapping out a detailed plan and the changes at an early stage and creating visibility and transparency, you can gain trust and acceptance from various stakeholders of the company. It also makes you future-proof and ready for any risks that might be expected later in the process, making digital transformation adaptation easier as a whole. Training for employees can be started earlier, so they have time to adjust and learn new skills apart from their differing existing skillsets. It all boils down to one fact: accepting that everyone learns at their own pace and respecting that with more time, so they can adopt more and without any confusion.

Slower and More Focused Changes

You can take a gradual approach to the adoption of digital transformation to avoid overwhelmed employees and lags in the overall process. This involves setting very specific and focused objectives to get them familiar with the change and not burdening them with a complete transformation all at once.  

Conclusion

70% of the businesses fail in digital transformation implementation processes. The solution lies in just a few facts: choosing the right technologies at the right time and communicating and introducing it in the right way. Businesses should maintain transparency within the organization for acceptance and encourage change

 Don’t know who to trust with your   digital transformation? 

 Don’t worry. We got you. 

 ODES, Complete Digital Transformation

 Our skilled, highly experienced professionals help you   seamlessly  set milestones on this journey and cater to your   specific business needs!

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What is the Right Approach to Adapt to Digital Transformation?
ODES 27 July, 2021
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