Understanding the Three Horizons of Digital Transformation PPT

This PPT slide, part of the 21-slide Digital Transformation: Value Creation & Analysis PowerPoint presentation, outlines 3 distinct horizons of digital transformation: Digital Norm, Digital Storm, and Digital Form. Each horizon represents a different stage of digital evolution across various industries, highlighting their unique challenges and opportunities.

In the Digital Norm stage, industries like music retailing, consumer electronics, airlines, and hotels have already undergone significant digital transformations. These sectors have adapted their business and operating models, leading to permanent changes. Success in this phase requires organizations to understand the long-term trajectory of their current models and make strategic decisions to align with evolving market dynamics. The focus here is on incremental improvements, such as cost reductions through technologies like Robotic Process Automation.

The Digital Storm horizon includes industries such as retail banking, property and casualty insurance, and mobile telecommunications. These sectors face intense competition from digital entrants and must evolve their business models to remain relevant. Organizations at this stage need to invest in their digital capabilities and may need to reallocate capital from traditional distribution channels to enhance their digital presence.

Finally, the Digital Form horizon encompasses industries like grocery retailing and apparel. Despite the introduction of digital innovations, these sectors experience slower sales growth due to entrenched consumer behaviors and the social nature of shopping experiences. The limitations of current digital technologies mean that they cannot fully replicate the in-person shopping experience. As technologies like virtual reality advance, these industries may see a more significant transformation.

Overall, the slide emphasizes the varying degrees of digital transformation across industries and the strategic imperatives necessary for organizations to thrive in their respective environments. Understanding these horizons can guide executives in making informed decisions about their digital strategies.

This slide is part of the Digital Transformation: Value Creation & Analysis PowerPoint presentation.

Download the Full Presentation

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Digital Transformation Big Data Shareholder Value Mobile Strategy Robotic Process Automation Cost Reduction Value Creation Consumer Behavior Sales Innovation

Are you familiar with Flevy? We are you shortcut to immediate value.

Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations

Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.

Flevy is the world's largest knowledge base of best practices.

Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.

Read Customer Testimonials

"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

– Moritz Bernhoerster, Global Sourcing Director at Fortune 500

"As an Independent Management Consultant, I find Flevy to add great value as a source of best practices, templates and information on new trends. Flevy has matured and the quality and quantity of the library is excellent. Lastly the price charged is reasonable, creating a win-win value for

... [read more]

– Jim Schoen, Principal at FRC Group

"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."

– Royston Knowles, Executive with 50+ Years of Board Level Experience

"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."

– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)

"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."

– David Coloma, Consulting Area Manager at Cynertia Consulting

"I have found Flevy to be an amazing resource and library of useful presentations for lean sigma, change management and so many other topics. This has reduced the time I need to spend on preparing for my performance consultation. The library is easily accessible and updates are regularly provided. A wealth of great information."

– Cynthia Howard RN, PhD, Executive Coach at Ei Leadership

"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

... [read more]

– Michael Duff, Managing Director at Change Strategy (UK)

"Flevy is our 'go to' resource for management material, at an affordable cost. The Flevy library is comprehensive and the content deep, and typically provides a great foundation for us to further develop and tailor our own service offer."

– Chris McCann, Founder at Resilient.World