{"id":4176,"date":"2018-11-29T07:43:50","date_gmt":"2018-11-29T12:43:50","guid":{"rendered":"http:\/\/flevy.com\/blog\/?p=4176"},"modified":"2020-12-21T20:32:02","modified_gmt":"2020-12-22T01:32:02","slug":"capturing-digital-transformation-path-to-digital-leadership","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/capturing-digital-transformation-path-to-digital-leadership\/","title":{"rendered":"Capturing Digital Transformation: Path to Digital Leadership"},"content":{"rendered":"<p>We are living in a Digital Age. A robust <a href=\"https:\/\/flevy.com\/browse\/business-document\/digital-transformation-strategy-2249\">Digital Transformation Strategy<\/a> is today\u2019s organization\u2019s corporate <img decoding=\"async\" class=\"alignright wp-image-4177 size-medium\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/digital-leadership-pic-1-300x191.jpeg\" alt=\"\" width=\"300\" height=\"191\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/digital-leadership-pic-1-300x191.jpeg 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/digital-leadership-pic-1-768x490.jpeg 768w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/digital-leadership-pic-1-1024x653.jpeg 1024w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/digital-leadership-pic-1.jpeg 1880w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>armaments in remaining competitive.<\/p>\n<p>Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the <a href=\"https:\/\/flevy.com\/browse\/business-document\/digital-transformation-integrated-business-ecosystems-3440\">4 critical Business Ecosystems<\/a>.<\/p>\n<p>The 4 Critical Business Ecosystems<\/p>\n<ol>\n<li>Customer Solutions Ecosystem<\/li>\n<li>Operations Ecosystem<\/li>\n<li>Technology Ecosystem<\/li>\n<li>People Ecosystem<\/li>\n<\/ol>\n<p><a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\"><img decoding=\"async\" class=\"aligncenter wp-image-4156 size-full\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer.png\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer.png 1024w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer-300x225.png 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer-768x576.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>To achieve\u00a0<a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\">Digital Leadership<\/a>, we need to master the 4 Business Ecosystems. A Digital Leader&#8217;s primary achievement is its ability to orchestrate and integrate the 4 Business Ecosystems. Yet based on the PwC survey in 2018, there are only 10% of the organizations that are Digital Leaders; Digital Leaders who have fully integrated the Customer Solutions, Operations, Technology, and People Ecosystems.<\/p>\n<h2><strong>Being a Digital Leader<\/strong><\/h2>\n<p><a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\">Digital Leaders<\/a> view digitization in ways that are far reaching and aggressively innovative.<\/p>\n<ul>\n<li>Digital Leaders successfully orchestrate and integrate the 4 Business Ecosystem layers.<\/li>\n<li>Digital Leaders create an organizational environment that takes the greatest advantage of the opportunities from digitization.<\/li>\n<li>Digital Leaders draw on internal and external partners and platforms to develop the 4 Business Ecosystems.<\/li>\n<li>Digital Leaders master the art of integration and orchestration<\/li>\n<\/ul>\n<p>Digital Leaders align their organizations around clear and coherent overall strategy that is made up of a value proposition and distinctive capabilities. While not all Digital Leaders are adept in each of the ecosystem, they advance their capabilities through the 4 Business Ecosystems.<\/p>\n<h2><strong>Taking the 6-Step Approach<\/strong><\/h2>\n<p>Mastering and managing the 4 Business Ecosystems requires following a <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\">6-steps approach<\/a>.\u00a0 The 6-steps approach is a strategic journey towards an effective digital transformation.\u00a0 Taking the step by step approach with deliberate speed will prevent our company from losing the First Mover advantage to competitors.<\/p>\n<ol>\n<li><strong>Making<\/strong> the internal assessment.<\/li>\n<li><strong>Defining<\/strong> your ecosystem vision and value proposition.<\/li>\n<li><strong>Developing<\/strong> the Ecosystem Concept and Strategic Partnership Model<\/li>\n<li><strong>Setting up<\/strong> an Ecosystem Governance, Investment, and Decision Board.<\/li>\n<li><strong>Building<\/strong> the ecosystem capabilities.<\/li>\n<li><strong>Harvesting<\/strong> the value of full ecosystem integration.<\/li>\n<\/ol>\n<p>The final steps are essential to becoming Digital Leaders as it focuses on strengthening and sustaining the Integrated Business Ecosystem. The 6-step approach is an <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\">iterative approach to Digital Transformation Leadership<\/a>. Essentially, mastering the 6 step approach is short of mastering the 4 Business Ecosystems.<\/p>\n<p>Interested in gaining more understanding on <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\">Path to Digital Leadership<\/a>?\u00a0 You can learn more and download an\u00a0<a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-path-to-digital-leadership-3455\"><u>editable PowerPoint about<strong>\u00a0Path to Digital Leadership (in Digital Transformation)<\/strong> here<\/u><\/a>\u00a0on the Flevy documents marketplace.<\/p>\n<h2>Do You Find Value in This Framework?<\/h2>\n<p>You can download in-depth presentations on this and hundreds of similar business frameworks from the <a href=\"https:\/\/flevy.com\/pro\/library\">FlevyPro Library<\/a>. <a href=\"https:\/\/flevy.com\/pro\">FlevyPro<\/a> is trusted and utilized by 1000s of management consultants and corporate executives. Here&#8217;s what some have to say:<\/p>\n<blockquote><p>&#8220;My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today\u2019s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me in a fraction of the time and money of other solutions. I strongly recommend FlevyPro to any consultant serious about success.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Bill Branson, Founder at Strategic Business Architects<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 David Coloma, Consulting Area Manager at Cynertia Consulting<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant&#8217;s toolbox.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Michael Duff, Managing Director at Change Strategy (UK)<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The quality of the decks available allows me to punch way above my weight \u2013 it&#8217;s like having the resources of a Big 4 consultancy at your fingertips at a microscopic fraction of the overhead.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Roderick Cameron, Founding Partner at SGFE Ltd<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;Several times a month, I browse FlevyPro for presentations relevant to the job challenge I have (I am a consultant). When the subject requires it, I explore further and buy from the Flevy Marketplace. On all occasions, I read them, analyze them. I take the most relevant and applicable ideas for my work; and, of course, all this translates to my and my clients&#8217; benefits.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Omar Hern\u00e1n Montes Parra, CEO at Quantum SFE<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>We are living in a Digital Age. A robust Digital Transformation Strategy is today\u2019s organization\u2019s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the 4 critical Business Ecosystems. The 4 Critical Business Ecosystems Customer Solutions Ecosystem Operations&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/capturing-digital-transformation-path-to-digital-leadership\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">Capturing Digital Transformation: Path to Digital Leadership<\/span><\/a><\/p>\n","protected":false},"author":111,"featured_media":4177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[408,81],"tags":[1388,1389,917,1385,1384],"class_list":["post-4176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management-leadership","category-strategy","tag-digital-leader","tag-digital-leadership","tag-digital-transformation","tag-iterative-approach-to-digital-transformation","tag-path-to-digital-leadership"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/4176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/111"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=4176"}],"version-history":[{"count":5,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/4176\/revisions"}],"predecessor-version":[{"id":8239,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/4176\/revisions\/8239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/4177"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=4176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=4176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=4176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}