Digital Transformation: Challenges in Execution (PowerPoint PPTX)

DESCRIPTION

Digital Transformation is now at the forefront of most strategic agendas, as COVID-19 has accelerated the digitization of many industries by a decade or longer. The importance of "going digital" is undisputed.

However, successful and truly disruptive Digital Transformation requires massive efforts to create strategic and organizational capabilities that enable the organization to compete successfully in the Digital Era. These efforts become increasingly complex for larger organizations.

This framework introduces 9 key challenges to large scale Digital Transformation, which can be categorized into 3 areas:

1. Challenges in Execution
2. Challenges in Resources
3. Challenges in Organization and Change

This presentation is part of a series of 3 frameworks, each focused 1 of the 3 categories of Digital Transformation challenges. We will cover the initial category of challenges; and its 3 composite challenges:

1. The Legacy Challenge
2. The Governance Challenge
3. The Innovation Challenge

This deck also includes slide templates for you to use in your own business presentations.

This PPT delves into the intricate Legacy Challenge, addressing the complexities of outdated IT systems and infrastructure. It emphasizes the necessity of overcoming these legacy systems to adopt new, emerging technologies effectively. The presentation outlines the importance of creating entirely new products and business models, rather than focusing on incremental changes. It also highlights the role of business ecosystems, integrating operations, technology, and people to provide end-to-end solutions.

The Governance Challenge is another critical area covered in this framework. It discusses the importance of establishing proper governance structures to coordinate transformational activities. The role of the Chief Digital Officer (CDO) is explored in depth, emphasizing the need for a multi-functional approach spanning strategy, communication, IT, and operations. The framework also outlines key governance objectives, such as strategic alignment, value delivery, risk management, resource management, and performance management, ensuring a holistic approach to digital governance.

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Source: Best Practices in Digital Transformation, Innovation PowerPoint Slides: Digital Transformation: Challenges in Execution PowerPoint (PPTX) Presentation, LearnPPT Consulting