Saturday, October 9, 2021

g-f(2)554 THE BIG PICTURE OF THE DIGITAL AGE (10/9/2021), Forbes, 10 Attributes Of Successful Digital Business Transformation

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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageDigital Transformation, Successful Digital Business Transformation (10/9/2021)  g-f(2)426 


10 Attributes Of Successful Digital Business Transformation, Forbes 

    • ​Transformation is not something you can do to clients or for clients, but only with clients.
    • The best clients are those who recognize the need for digital business transformation, embrace the idea that we’re on a transformation journey together, and make the executional choices to make that journey and it’s intended outcomes visible and achievable.
    • Over the years, we’ve observed a number of consistent components of successful digital business transformations (and our best clients).

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                        The list of 10 attributes of successful digital business transformation, Forbes

                        1. Understand the Ultimate Goals of Digital Business Transformations (the DBT BHAGs) are not just about technology
                        2. Align their Team Around a Shared Vision
                        3. Have C-Level Buy-In
                        4. Anchor in Shared Outcomes and Behaviors
                        5. Seize Their Quick Wins and Communicate
                        6. Move Fast
                        7. Are Thoughtful About Your Governance Choices
                        8. Choose Partners Who Will Co-create and Are a Fit for The Team
                        9. Keep Your Teams Small and Cross-functional
                        10. Consider New Approaches to Funding That Match the Way Projects Work

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                                Lessons learned, Forbes 

                                • Our most successful clients understand that they are actually setting out to do two things: 1) Create an organization that can continually change at pace with the changes around it, and 2) Constructing the capability to identify and realize value for your customers and business through digital.
                                • The clarity of direction when making decisions is one of the most powerful benefits a client can provide to their teams so they are able to look beyond the work right in front of them and understand how it connects to the transformation of the business.
                                • Aligning your core team is critical. 
                                • When a client has senior leadership invested in what they’re doing to reshape the company, it creates an incredible amount of momentum across their broader teams. 
                                • Creating clarity on the business outcomes you are solving for is one of the most critical components of a successful transformation.
                                • People want to see where they fit into the change, but they also want to see how their leaders are reacting to it. It’s not just about what you communicate, but how. Authenticity is everything.
                                • Rapid prototyping enables you to build out some of your most ambiguous (or ambitious) ideas to see how they translate in real life and what they actually enable.
                                • In a lot of ways, setting out to transform your business is like building a start-up. The team needs to include people who balance critical expertise with a belief in the vision you are creating together.
                                • Today’s partner ecosystems are composed of partners who fill capability gaps and also play a critical role in co-creation.
                                • Small, multidisciplinary teams provide a way to break through those silos and create progress faster. 
                                • As your company becomes more sophisticated in its digital capability, the faster it will need to move.
                                • Programs certainly can’t wait for annual budget cycles and likely will need to move more quickly than quarterly as well. One option is a VC-funding approach where teams pitch ideas on a more frequent basis to gain funding for phases of work. 

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                                • Category 2: The Big Picture of the Digital Age
                                • [genioux fact deduced or extracted from Forbes]
                                • This is a “genioux fact fast solution.”
                                • Tag Opportunities those travelling at high speed on GKPath
                                • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
                                • Type of validity of the "genioux fact". 

                                  • Inherited from sources + Supported by the knowledge of one or more experts.


                                “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)554, Fernando Machuca, October 9, 2021, Corporation.

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