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Follow on Google News | New Business Book Summary for Leading DigitalBy: www.bizsum.com In today's rapidly changing business environment, organizations that know how to successfully utilize digital technologies show greater profit, performance, and productivity. The roadmap to digital mastery includes the following components: *Create a compelling customer experience. The most visible aspect of digital capability is how an organization engages with its customers. Organizations must go beyond their traditional websites and mobile apps to change their customers' experiences. To do this, they must follow the four levels of digital mastery, transitioning from Beginners, Fashionistas, and Conservatives to Digital Masters. *Reinvent business models. Digital Masters have an advantage over their competitors because they rely on new business models, such as reconfiguring delivery methods, creating new products, and reinventing entire industries. *Craft a digital vision. Vision is what sets an organization's aspirations, and Digital Masters create visions that focus on customer experiences and operational processes. *Engage the organization. A vision cannot become a reality without energized employees. Digital Masters use distinctive engagement strategies to get employees excited about digital transformation. *Govern the transformation. Once vision and engagement are in place, organizations need governance to keep transformation on the right track. Digital Masters use committees, leadership roles, and shared digital units to provide strong governance. *Build technology leadership capabilities. Keeping a transformation moving forward requires a strong relationship between an organization's business and information technology leaders. By fostering these relationships, Digital Masters encourage cultures that continually create valuable digital transformation opportunities. *Frame and fund the digital challenge. Creating a digital advantage takes effort. Digital Masters put in the effort by building awareness, understanding the starting point, and crafting a vision -- then aligning the senior executive team around it and funding the transformation. *Sustain the digital transformation. It can be difficult for an organization to keep its transformation going. Digital Masters sustain transformation by building foundation skills, aligning incentive and reward structures, and continually monitoring progress. To learn more, please visit www.bizsum.com End
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