{"id":11327,"date":"2022-07-05T06:40:09","date_gmt":"2022-07-05T11:40:09","guid":{"rendered":"https:\/\/flevy.com\/blog\/?p=11327"},"modified":"2022-07-01T14:42:23","modified_gmt":"2022-07-01T19:42:23","slug":"achieving-digital-maturity","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/achieving-digital-maturity\/","title":{"rendered":"Achieving Digital Maturity"},"content":{"rendered":"

\"\"Digital Transformation is a matter of survival now for all organizations particularly businesses<\/a>.<\/p>\n

Altering organizations to cater to the progressively digital market environments and gaining benefit of the digital technologies to enhance operations are vital objectives for virtually every modern-day business.<\/p>\n

Digital Transformation is typically more difficult than any Change or Transformation program that an organization may undertake<\/a>.\u00a0 Most organizations struggle to make the fundamental alterations that are essential to bring about Digital Maturity.<\/p>\n

Digital Maturity\u2014the way organizations methodically get ready to constantly adapt to continuing digital change\u2014is difficult to achieve for most of the organizations on the Digital Maturity bandwagon.<\/p>\n

We can measure the Digital Maturity of an organization by the 7-stage Digital Maturity Model.\u00a0 To achieve Digital Maturity, our organization should be in either phase 6 (Transform) or 7 (Improve) of the model, as illustrated in the slide.\u00a0 These 2 stages capture the “Run” phase of Digital Transformation and Maturity.<\/p>\n

\"\"<\/a><\/strong><\/p>\n

Each phase can be characterized by defining objectives along both technology and KPIs.\u00a0\u00a0 By Digital Maturity, organizations are utilizing extremely sophisticated technologies, many involving Artificial Intelligence<\/a>, Data Analytics<\/a>, and Robotic Process Automation<\/a>.<\/p>\n

Attaining Digital Maturity is a continuing exercise.\u00a0 It is a process that requires time but can raise the chances of an organization\u2019s survival and progress.<\/p>\n

A small number of businesses seem to be making the deep-rooted changes<\/a> their leaders consider indispensable to attain these goals.<\/p>\n

Research comprising of a survey elucidated Digital Maturity of 3,500 business executives, managers, and analysts from organizations all over the world; 15 key informant interviews of executives and thought leaders were also conducted as part of this study.<\/p>\n

The study on identification of Digitally Maturing companies was carried out by the MIT Sloan Management Review and Deloitte research, by asking business leaders questions that represented different areas of Digital Maturation.<\/p>\n