Digital transformation demands more than just upskilling, technology acquisition, and the adoption of efficient digital solutions. The process begins with a mindset transformation, for we must change how we think to prepare for the digital future. Integrating digital innovation within the heart of the business strategy demands an organization-wide approach.
How can organizations prepare for the digitally-powered future? It’s crucial to consider how disruptive technologies can transform your workplace environment, impact employee productivity, and facilitate corporate competitiveness. Executive leaders must work closely with their employees to instill the significance of technology acquisition for their professional development.
Keep reading to explore actionable strategies that help organizations prepare for the digital future.
1. Developing Digital Literacy
Organizations cannot harness disruptive technologies without upskilling and developing organization-wide digital literacy. Upskilling comes with numerous costs and drawbacks, and recruitment and selection isn’t the most efficient strategy. Besides, recruiting IT experts and data scientists isn’t enough to facilitate smooth transitions for non-IT employees.
Most businesses delay technology acquisition to avoid the financially burdensome demands of recruiting IT personnel and harnessing disruptive technologies. Such companies undermine the significance of digital literacy and upskilling their existing workforce to develop digitally savvy core competencies. Organizational leaders must help their teams embrace change by steering them towards avenues for developing digital literacy.
Employees resist digital transformation when they feel threatened by the automation capabilities of artificial intelligence (AI) and robotics. Executive leaders must lead by example and help employees harness disruptive technologies to support their personal and professional growth. Online courses and certifications offer efficient and cost-effective upskilling solutions to develop digital core competencies and marketable skills.
How will the best digital transformation skills online course serve your company’s underlying goal of technology acquisition? It will prepare you and your teams to harness sophisticated technologies in improving operational processes and maximizing profitability. An online course makes skill-based learning accessible and affordable for full-time professionals, allowing them to learn and grow at their own pace. A digital transformation course will eliminate resistance to technology acquisition, resulting in an innovative and adaptable workforce.
Entrepreneurs fixate on skills and training but neglect the significance of mindsets and attitudes towards disruptive technologies. Organizations cannot harness digital technologies without adaptable and optimistic, innovation-focused perspectives, even if they spend millions of dollars acquiring sophisticated digital products. The preparations begin with digital literacy alongside encouraging employees to harness technology for their career advancement ambitions.
2. Innovate & Upgrade your Organizational Model
The ongoing COVID-19 pandemic has sped up technology advancement and acquisition, compelling industries worldwide to innovate with digitally savvy business models. Suppose your business model doesn’t include sophisticated technologies or relies on limited innovation. In that case, 2022 is a monumental year to mark a transition towards a digitally savvy organizational model.
Executive leaders must strategize how technology can add value to day-to-day operations, profitability models, and customer experiences. Change is inevitable because any technology, be it AI or Big Data, will transform your company’s existing business model. Preparing for this change is imperative to prevent the transformation from spiraling out of control.
Here are some crucial questions to deliberate while planning technological transformations:
- Which departments can benefit from acquiring sophisticated digital tools?
- How can the company innovate its operations to enjoy significant cost advantages?
- How will digital transformation impact the existing workforce and fresh recruits?
- How will the company adjust to the upskilling and transition demands of digital tools?
- Will digital transformation improve the company’s competitive advantages and market positioning?
- How will the newly acquired technology impact the company’s relations with its customers?
These questions encourage contemplation to help executive leaders adjust their business model to approach digital transformation with scalability and strategy.
3. Acquiring Technologies that Align with your Corporate Model & Culture
Service sector businesses don’t have much to gain from acquiring robotics – a technology that finds more meaningful applications in the manufacturing sector. Did you know that some sophisticated tools can actually thrust your company towards inefficiency and mounting losses? Not all digital transformations are treated equally, for the tools we adopt must align with the corporate culture and model.
Suppose your brand thrives on its humanized elements and direct communication with customers to develop strong bonds of loyalty. In that case, innovating with an AI-powered chatbot will deny your customers the human interactions they cherish and enjoy. Most corporations and companies fall for the shiny object syndrome and acquire technologies that don’t serve their organizational goals.
The technologies and tools you acquire must serve as solutions to existing challenges, offering enhancements across multiple departments. It’s crucial to acquire digital tools that allow your team to perform day-to-day operations with increased efficiency and productivity. Most importantly, digital tools and platforms must align with consumer preferences and company culture.
Some employees will resist technology, while others will demonstrate enthusiasm to transition into digitally savvy roles. Facilitating learning is vital to ensure your business embraces digital transformation with preparedness and digital literacy. Leaders must offer their teams training opportunities and learning resources to enable adaptability and adjustment.
Preparing for the digital future doesn’t demand your company acquire every sophisticated tool, platform, and device known to humankind. Besides, this approach is problematic and undermines the true purpose of innovating to maximize corporate advantages. As the wise Matt Mullenweg notes, technology is best when it serves the purpose of bringing people together.