Digital Transformation – Next steps and further readings
The paper “Digital Transformation During a Lockdown” provides actionable insights and benefits for various key groups and stakeholders, enhancing their understanding and implementation of digital transformation strategies. Here’s how specific groups can benefit:
- Business Leaders and Executives:
- Benefits: Insight into the strategic importance of digital readiness which can facilitate quick adaptation during crises.
- Actionable Insights: Prioritize investments in digital infrastructure and training to enhance organizational resilience and competitive edge.
- IT and Digital Transformation Managers:
- Benefits: A framework to advocate for and implement necessary digital tools and systems within their organizations.
- Actionable Insights: Develop comprehensive digital strategies that encompass not just technology but also people and process adaptation.
- Policy Makers and Government Officials:
- Benefits: Better understanding of the challenges businesses face during emergencies, influencing policy development.
- Actionable Insights: Create or refine policies that support digital innovation and infrastructure improvements across industries.
- Human Resource Professionals:
- Benefits: Knowledge on the importance of digital skills in modern work environments.
- Actionable Insights: Implement ongoing digital literacy and skill development programs to prepare workforces for future disruptions.
- Entrepreneurs and Startup Owners:
- Benefits: Insights into building a business that is digitally mature from the start.
- Actionable Insights: Integrate digital strategies into the business model from inception to ensure agility and adaptability.
- Industry Analysts and Consultants:
- Benefits: Enhanced ability to advise clients on digital transformation strategies based on current and future trends.
- Actionable Insights: Use case studies and data from the paper to help clients understand the urgency of digital adaptations.
- Supply Chain Managers:
- Benefits: Understanding the role of digital tools in creating more resilient supply chains.
- Actionable Insights: Employ digital solutions to enhance visibility, efficiency, and responsiveness in supply chain management.
- Investors and Venture Capitalists:
- Benefits: A deeper look at how digital maturity can affect a company’s resilience, influencing investment decisions.
- Actionable Insights: Evaluate potential investments based on their digital strategy and execution capabilities.
Further References
Brøgger, M. (2020). The risks posed by shadow IT during lockdown. Business Cloud. 30th
April https://www.businesscloud.co.uk/opinion/the-risks-posed-by-shadow-it-during-lockdown.
Cole, B. (2020). 7 simple steps for good decision making during a crisis. Forbes. 14th April
https://www.forbes.com/sites/biancamillercole/2020/04/14/follow-these-7-steps-for-good-decision-making-in-a-crisis/.
Deloitte (2016). Digital future readiness: How do companies prepare for the opportunities and
challenges of digitalisation. https://www2.deloitte.com/content/dam/Deloitte/ch/Documents/consumer-business/ch-cip-en-swiss-transformation.pdf.
Fenton, A., Fletcher, G., & Griffiths, M. (2020). Strategic digital transformation: A results-driven approach. London: Routledge.
Mack, O., Khare, A., Krämer, A., & Burgartz, T. (2016). Managing in a VUCA world.
Heidelberg: Springer Cham.
McIndoe, R. (2020). Why are people panic buying toilet roll? Whether there is a toilet roll
shortage and which supermarkets are limiting supplies. 18th MarchThe Scotsmanhttps://
www.scotsman.com/health/why-are-people-panic-buying-toilet-roll-whether-there-toilet-roll-shortage-and-which-supermarkets-are-limiting-supplies-2445943.
Saleh, A., & Watson, R. (2017). Business excellence in a volatile, uncertain, complex and
ambiguous environment (BEVUCA. The TQM Journal, 29(5), 705–724. https://doi.
org/10.1108/TQM-12-2016-0109.
Wallace, M. (2020). Digital Risks on why the best business continuity plans are usually the
simplest. 15th MayInsurance Business Magazinehttps://www.insurancebusinessmag.
com/uk/news/technology/digital-risks-on-why-the-best-business-continuity-plans-are-usually-the-simplest-222533.aspx.