Digital Transformation is being adopted across most industries, resulting in Operational and Growth Improvements.
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Digital Transformation is being embraced by organizations across most industries, as the role of technology shifts from being a business enabler to a business driver. The COVID-19 crisis has only accelerated Digital Transformation initiatives. According to McKinsey, businesses that once mapped Digital Strategy in 1- to 3-year phases must now scale their initiatives in a matter of days or weeks.This framework provides the foundation to formulating your Digital Transformation Strategy. It discusses the 8 levers to Digital Transformation--and explains how these levers drive both Growth and Operational Improvement. Only after we understand these levers, can we properly develop a holistic Digital Transformation Strategy that can leverage emerging digital technologies and behavioral trends. Additional topics discussed include Customer Experience, Demand Generation, Strategy Thinking, Agility, Business Models, among others. By downloading this document, I agree to continue receiving educational materials, newsletters, product updates, event invitations, and other information from Flevy and the author. I understand I may opt out or update my preferences at any time.
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