Digital Transformation Types: Cost Savings vs. Revenue Growth PPT

This PPT slide, part of the 32-slide Digital Transformation: Challenges in Resources PowerPoint presentation, outlines 2 primary categories of digital transformation projects: "Save Money" and "Make More Money." Each category focuses on leveraging digital technology to enhance existing business processes and offerings while remaining within the current organizational framework.

The "Save Money" projects emphasize process optimization. They aim to improve efficiency by identifying and implementing changes that lead to cost reduction and business process improvement. These initiatives are characterized by limited strategic creativity, but yield measurable results. The slide lists examples such as Robotic Process Automation (RPA) implementations in customer service and data cleansing, highlighting their role in driving operational gains and enhancing customer interfaces.

On the other hand, "Make More Money" projects are more innovative in nature. They challenge the existing setup by encouraging organizations to explore new opportunities for products and services. This requires a flexible mindset and creative exercises like Scrum, Design Thinking, and Hackathons to generate ideas. The slide stresses the importance of cross-functional collaboration, suggesting that teams should include both technology and business members. This collaboration ensures a comprehensive understanding of technological feasibility and business requirements.

Overall, the slide serves as a framework for understanding how organizations can strategically approach digital transformation. It emphasizes the need for both incremental improvements and innovative thinking to drive value creation. This dual focus can help organizations navigate their digital transformation journeys effectively.

This slide is part of the Digital Transformation: Challenges in Resources PowerPoint presentation.

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Digital Transformation Design Thinking Customer Service Process Improvement Robotic Process Automation Business Process Improvement Cost Reduction Value Creation Business Requirements Creativity Scrum Creativity

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