All You Need to Know About Digital Transformation and More

There's no place for "we've always done it that way" in business anymore. That's why digital transformation has to be a strategic priority for organizations of all sizes.

What is Digital Transformation? 
Digital transformation is the process of adapting existing business practices to new digital methods to increase efficiency and keep up with rapidly-changing market demands.

This means integrating new technologies—big data, cloud computing, artificial intelligence, machine learning, the Internet of Things—into every area of the business. It’s imperative to not just implement new technology for the sake of innovation, but to fundamentally change the company culture and increase operational efficiency by using agile project management methodologies and modern business collaboration tools and techniques.

Importance of Digital Transformation?

It's easy for IT and business leaders to get caught up in the high-level goals of a digital transformation strategy. Businesses pursue digital transformation to gain the ability to innovate rapidly, unlock new levels of revenue growth, reduce costs across the organization and increase workforce productivity. 

However, the digital transformation objectives that lead to these benefits can vary between different sides of an organization. A successful digital transformation strategy aligns the objectives of both line-of-business (LOB) owners and IT teams to pursue organizational goals. Objectives often depend on strategic maturity, but these examples below can help guide initial planning.

What is the ROI of Digital Transformation?

The ROI of digital transformation technologies depends on your workforce having appropriate levels of digital literacy while also being able to collaborate effectively and adapt to new situations rapidly. However, the ideal employees for your digital workplace may seem more like unicorns than available talent.

Especially in large enterprises, it's unlikely that you'll be able to completely overhaul your workforce with new hires. It's costly, inefficient, and unfeasible. 

That's why it's so important to create a culture of continuous learning. Rather than hunting down droves of new talent, your digital transformation strategy should include plans to increase the digital literacy of your existing workforce. Cultivate a collaborative environment in which employees are empowered to learn what's necessary to make your digital transformation strategy succeed.

Digital Transformation Training

Our Digital Transformation course provides an overview of digital transformation that benefits everyone in your organization. It explains the critical factors for any organization to consider as well as the four steps to developing a digital transformation strategy.

Enabling digital transformation throughout your organization requires more than a general understanding of digital transformation, though. Business leaders, IT leaders, and the general workforce require uniquely tailored information to ensure they're building the right skillsets. That's why we've created these three initial digital transformation learning paths:

Digital Transformation Courses & Learning Paths

These three learning paths lay the groundwork to help your organization align and implement the digital transformation strategy. We complement these learning paths with numerous other courses related to digital transformation, including agile project management, change management, design thinking, and how-to courses on today’s digital collaboration tools. Our curriculum improves digital literacy and helps foster a culture that excels at rapidly turning ideas into real market solutions. 

Talent is the heart of digital transformation and a culture of continuous learning is what will help your company adapt to any external forces.