Máster Universitario en Dirección de Procesos Estratégicos

Máster Universitario en BPM para la Transformación Digital

Mostrando entradas con la etiqueta Digitalization. Mostrar todas las entradas
Mostrando entradas con la etiqueta Digitalization. Mostrar todas las entradas

miércoles, 11 de enero de 2017

"Digitization" vs "Digitalization" vs "Digital Transformation"


In a VUCA world (Volatile, Uncertainly, Complex and Ambiguous), companies are forced to innovate and adapt permanently to remain competitive and succeed. Mainly in the digital revolution where we find ourselves, where disruptive businesses appear that emerge even bypassing traditional barriers between sectors, changing the essence of traditional businesses and in many cases transforming products into services. This digital revolution is an opportunity, but it is also an obligation because customers are increasingly digital, have more information, compare, seek greater value and desire a more satisfactory customer experience, which implies companies to evolve technologically and culturally, so they will create their digital strategy that will mark the path of innovation they need.
Digital innovation in companies requires reviewing all current processes to make the necessary changes to achieve their digital and corporate objectives. The current confusion lies in whether companies stay in the digitization of business processes or actually perform a digital transformation of the business. There are two terms. "Digitization" and "Digitalization", but they have different nuances that we should think about them. In addition, the terms "Digitization" and "Digital Transformation" are mixed in many texts, which also have important nuances to consider. Let's look at the differences between the three terms

martes, 15 de noviembre de 2016

Digital Transformation Life Cycle


When a company raises the Digital Transformation it encounters two main obstacles, the lack of understanding about what is Digital Transformation and not knowing how to start. The approach is already a first step, because you will have realized that you can not lose competitiveness because of your digital incompetence, and the organization is not willing to disappear in the near future if you do nothing about it.


It is important to be aware that Digital Transformation refers to the use of digital technologies to achieve new business models where the physical and digital worlds are mixed, with disruptive improvements in the organization, becoming more competitive, increasing revenues, greater efficiency and greater Customer (or citizen) satisfaction, which will produce three main changes in the organization: change in the line of products and services, change in the value chain and change in the business model.

The life cycle of digital transformation represents a journey of innovation that seeks continuous excellence to respond with agility to possible global economic changes, business competition, new regulations, new technological disruptions to arrive and mainly to respond to new customer expectations. As any management it is necessary to include a first step of DEFINITION (identify the new digital business model and define the objectives or challenges to be achieved), a second dtrp of IMPLEMENTATION (execution of the new model) and a third step of EVALUATION (monitor the achievement of strategic objectives by analyzing results and observing trends).

Digital transformation must be understood as a process of permanent innovation, which we represent as a continuous cycle. Let's look in detail at each of these three main phases of the Digital Transformation life cycle...