In business it is all about speed. How fast you make decisions, how fast you deliver and how fast
you scale up. There’s one factor though, that determines how fast you go- technology. If CEOs had
embarked on a path of digital transformation of their businesses before, in the post-pandemic world
they have begun taking giant strides towards fulfilling that vision to maintain business continuation
in challenging times and hopefully aim for growth.
However, there is a problem. As a business owner you are acutely aware of the value of investing
in a solid technological strategy, but roadblocks in terms of people, planning and approach keep
slowing down the deployment process.
When it comes to change, people and their mindsets
pose some of the biggest problems. Gather your
function heads, stakeholders and thought-leadership
and have open discussions. If automating certain
processes requires restructuring your organisation,
then it is better to have those conversations beforehand
to avoid any dissent in later stages.
Specifying the technological scope and drafting a
blueprint is crucial. Re-engineering and digitalizing
your business may be your holistic objective, but then
it is time to look through the microscope to identify the
exact business problems and requirements that you
expect technology to solve. Then simply break down
your project into achievable milestones.
Over the years, integrating the lean concept of
transforming businesses while eliminating waste of
resources, time and budget has proven to be a successful
approach towards digitalization. Developing a lean
outlook entails a number of benefits like leveraging the
right technology to address the right problem, enhancing
customer experience when they engage with your brand
and helping you design more sustainable practices for
your company in the future.
Cloud, AI, robotics and third-party applications- modern
technology is as effective in solving your business
problems as it is baffling! While staying updated on the
latest trends is a good idea, your key responsibilities
might not leave you with time for that. With the right
consultants and experts working with you, formulating
and deploying the right technological infrastructure for
your business is really easy.