I am regularly asked to summarize my many posts. I thought it would be a good idea to publish on this blog, every Monday, some of the most relevant articles that I have already shared with you on my social networks.
Today I will share some of the most relevant articles about Digital Transformation and in what form you can find it in today’s life. I will also comment on the articles.
On enterprisersproject.com: https://enterprisersproject.com/article/2021/10/digital-transformation-7-skills-prioritize
Digital transformation: 7 in-demand technology skills. Looking to boost your organization’s digital transformation progress? Consider these key technology skills. The pandemic jolted businesses across the globe, forcing them to accelerate their digital initiatives – some achieved years’ worth of digital transformation initiatives in a matter of months. And with remote work in effect, organizations also had to invest in collaborative platforms for employees and self-service portals for customers to ensure business continuity. Organizations today continue to invest in digital transformation priorities, and the demand for those with skills in cloud, rapid application development (low code), and new-age technologies is growing. As companies compete to attract candidates who are proficient in emergent technologies, candidates with extensive experience in these areas are in a strong position to drive digital transformation initiatives, optimize costs, approach complex issues innovatively, and aid in the decision-making process.
How to put people at the center of digital transformation. A collaborative culture with shared goals is key to successful digital transformation. Consider these tips to pave the way for change. Many businesses saw the COVID-19 pandemic rapidly accelerate their digital transformation plans. Going digital is imperative in the new reality, characterized by hyper-connection and an ever-increasing consumption of online products and services. Even so, many still struggle to understand and apply the concept of going digital in real life. However, some organizations have failed in their digital transformation journey as they overlooked a fundamental aspect in these times of change ‒ the human factor.
On Financeyahoo.com: https://finance.yahoo.com/news/digital-transformations-growth-more-successful-151600612.html
Digital Transformations in Service of Growth are More Successful Than Those Focused on Technology and Digitalization per New Report. Many companies still far behind in AI and predictive analytics
- High performers were more likely to measure success in terms of growth while average performers tended to focus more on achieving operational efficiencies.
- Forty percent of companies that excelled in digital transformation cited employee engagement as a top strategic objective, compared to 11% of average performers.
- Despite the emphasis over the past several years on using data to create more personalized experiences, companies still need to make significant improvements. Less than a quarter of companies are using predictive analytics or real-time personalization.
- Though COVID-19 accelerated digital transformation timelines, companies also found it an obstacle for success – 43% indicated COVID-19 as the most difficult digital transformation challenge the organization came up against.
On Mckinsey.com: https://www.mckinsey.com/featured-insights/food-security/digital-transformation-comes-to-food-banks
Digital transformation comes to food banks. The Greater Boston Food Bank’s $5 million reinvention as a digital-first enterprise has one overriding goal—to put more of its resources toward ending hunger. Companies aren’t the only organizations remaking themselves into digital enterprises to meet customers’ needs. When the COVID-19 pandemic hit, food banks accelerated their digital transformations to get more food more quickly to more people in need.
On Lightreading.com: https://www.lightreading.com/asia/the-digital-transformation-race-is-leaving-telcos-behind/d/d-id/773032
The digital transformation race is leaving telcos behind. It’s become conventional wisdom that the pandemic has massively accelerated digital transformation. As far back as April 2020, Microsoft boss Satya Nadella said the company had seen “two years’ worth of digital transformation in two months.” But not everyone has been convinced. Back in 2020 some observers argued the COVID impact had been overstated. It wasn’t an unreasonable point at the time, with a lot of bellwether cloud and consulting firms cutting staff and losing revenue. Yet the conventional wisdom is correct. A COVID-led transformation boom is underway and appears to be gaining pace.
On Ericsson.com: https://www.ericsson.com/en/internet-of-things/reports/utilities-cost-of-doing-nothing-paper
Digital transformation for utility companies (a great report to download). In this joint report between Ericsson, Anterix, Alpha Wireless, the New York Power Authority, Telit, and the Utility Broadband Alliance (UBBA), we uncover the importance of automating and modernizing communication systems to help utility companies become smarter and better able to manage their networks.
On Businesswire.com: https://www.businesswire.com/news/home/20211026005543/en/MSMEs-Call-for-Stronger-Women-Empowerment-on-Digital-Transformation
MSMEs Call for Stronger Women Empowerment on Digital Transformation. Designed in line with The La Serena Roadmap for Women and Inclusive Growth (2019-2030), the APEC Business Advisory Council (ABAC), APEC Women Connect, and DHgate have co-released the results of a survey conducted to better understand the latest situation for women in micro, small and medium-sized enterprises (MSMEs). The primary focus of the survey is on the use of digital solutions for women during the COVID-19 pandemic and how society can support women to participate in both digital transformation and economic integration.