What is Business Transformation? [Intro to Business Improvement and Growth]
Business transformations are sought after by many organizations. They seek ways to increase innovation and profitability, aiming to develop capabilities they currently lack. These transformations often involve the implementation of technologies and other strategies to drive change. Today, I will discuss the major components of business transformation and provide insights on how to lead a successful transformation.
Read MoreLearning from Mistakes That Cost Digital Transformation Project Managers Their Jobs [Career Advice]
One of the roles we frequently work with among our clients is project managers. Our primary focus is advising project managers, along with other individuals, to ensure their success in digital transformations.
However, project manager turnover is significant in complex and challenging digital transformations. Today, I aim to discuss the common reasons why project managers often struggle and fail in their roles. My goal is to provide guidance, input, and career advice to help you avoid the pitfalls and mistakes frequently made by project managers.
Read MoreWhat are the Best Alternatives to SAP S/4HANA? [Top ERP Systems to Compare to SAP]
A large subset of our client base evaluates SAP S/4HANA as part of their digital transformation strategy for the 2020s and beyond. However, many clients often inquire about alternative options beyond SAP. These inquiries primarily come from larger organizations, multinationals, and complex organizations aiming to scale and standardize their operations. They often perceive SAP as their best or only option. Therefore, today, I would like to discuss the top alternatives and options comparable to S/4HANA that you should consider as part of your digital transformation strategy moving forward.
Read MoreLearning From 3 Digital Transformation Strategies [Detailed Examples and Case Studies]
I will summarize three key areas: business process management, organizational change, and technology. The technology aspect encompasses not only enterprise applications but also solution architecture, business intelligence, and analytics. I will discuss these three areas and provide a few examples based on real scenarios with some of our current clients. While I won't mention the organizations by name, I will describe their situations and the strategic considerations and variables involved.
Read MoreUnderstanding How Human Psychology Leads to Resistance to Change During Digital Transformation
When assisting clients in their digital transformation journeys, we are often requested to help manage change, particularly addressing the human aspect of change and resistance to it. This involves ensuring employee adoption, buy-in, and understanding of the transformation objectives and goals associated with the project. However, it is common for organizations and their employees to resist change. Despite envisioning a utopian future, when it comes to implementing the change, people inevitably resist it. Today, I will discuss a basic psychological framework that explains why people resist change. Additionally, I will explore strategies to mitigate risks and overcome psychological challenges within organizations.
Read MoreWhy Digital Transformations Are Failing at an Alarming Rate
Digital transformations are failing at an accelerated pace. In fact, the failure rate has reached epidemic proportions within the industry. It is important to understand why these failures are occurring more frequently over time and explore potential strategies for mitigating the associated risks.
Read MoreDefining Future State Strategies and Business Processes in Digital Transformation
When assisting clients with their digital strategies, one of our initial inquiries is to understand their desired outcome and future state for their organization and operations. We must clearly articulate and define our desired future state for the organization, operations, and people involved in the digital transformation. That's what we will be discussing in this article.
Read MoreTop 10 Lieferkettenmanagement Systeme (SCM)
Lieferkettenmanagement war ein heißes Thema, als ich meine berufliche Laufbahn in den 1990er und frühen 2000er Jahren begann. Unternehmen aus den Bereichen Produktion und Vertrieb legten den Schwerpunkt auf die Auslagerung von Funktionen an andere Standorte auf der ganzen Welt, was zu einer großen Nachfrage nach Geschäftsprozessmanagement und der Verbesserung globaler Lieferketten führte.
Read MoreDigital Transformation: How To Convince Executives and Leaders to Start the Journey
Selling digital transformation to executive teams is of great importance. Occasionally, digital transformations are initiated by the executive team itself as a top-down approach. However, more often than not, the need or desire for digital transformation is identified at lower levels of the organization and eventually presented to the executive team for approval.
The issue arises when many project teams and employees within organizations recognize the need for digital transformation but lack the knowledge on how to effectively convey the idea to their executives. They may struggle to communicate in a way that resonates with the executive team and highlights the most crucial points. Therefore, in this article, I will discuss the key strategies that we have observed to be most successful in selling the idea and demonstrating the value of digital transformation to executive teams
Read MoreUncovering the Biggest (and Most Underestimated) Cost of Digital Transformation
When undergoing digital transformations with our clients, they often struggle with a decision regarding how to optimize implementation time, cost, and risk. However, this focus on time, cost, and risk does not always consider the potential cost, risk, and time associated with disruption if the digital transformation goes poorly. To provide some context, our research indicates that between 52% and 54% of organizations experience significant operational disruptions when they go live with new technology.
Read MoreStrategies for Successful ERP Software User Training and Adoption
Today, I aim to discuss what software training and adoption entail, how they should be approached, and the key considerations in defining your training and adoption strategy for digital transformation. Throughout this video, I will emphasize the importance of early planning when it comes to training. Defining your training strategy and understanding your training needs should commence during the planning phases of your project. This point is critical and will be reiterated throughout.
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