Digital Advisory Services
Digital Strategy Definition & Roadmap
Tech Savvy companies across the globe aim to be more digital today. Although we have embraced the term “Digital” with all bells and whistles, we need to define the frontiers of Digital based on specific business goals. Business leaders need to have a clear and common understanding of exactly what digital means to them and, as a result, what it means to their business. Business models such as online retail, for example, are the complete outcome of the digital disruption. Traditional businesses such as logistics had to climb the digital bandwagon to just be in the business. Whereas some business models had to be completely revamped to be digital, a lot of businesses were happy adopting digital strategies for a few business functions.
Once an organization is able to objectively define “Digital” (and hence the digital strategy), the next step is to create a digital roadmap. The digital roadmap outlines the plan to reach short-term and long-term goals that help organizations make better decisions around technology investments. Key components of our Digital roadmap are short-term and long-term business goals, current state analysis, future state envisioning, gap analysis and systematic scenario building.
Digital Readiness Metrics
Although there are several components of a digital readiness matrix. DigiMorph advisory takes into account three core components of the overall digital matrix. These components are People, Process, and Technology.
While consulting clients, DigiMorph takes into account the level of awareness the organization has about digital. In order to set a digital roadmap, it is important to understand if people within an organization across all levels have the required know-how to use digital technologies that are to be deployed. Based on the level of current understanding, training programs are designed to create an awareness about the changes that are going to take place within the organization in context to digital. Additionally, employees are trained to use digital tools and technologies so that they are able to make full use of the investment their organization is incurring towards digital transformation.
We perform benchmarking for digital maturity on more than 60 parameters. While benchmarking, we assign numeric values to each parameter and finally create a Digital Maturity Index for the organization. In order to benchmark an organization with the industry leaders or the closest competitor, we create maturity index for all the organizations we intend to study. At the end, we rank the organizations on the basis of Digital Maturity.
Benchmarking helps our clients in auditing current approaches to digital and identifying areas for improvement. Additionally, benchmarking helps our clients identify the best practices from more advanced adopters.
Program Management & Governance
DigiMorph’s program management starts with two prime goals.
– Defining and implementing a structure within which to execute program management and administration
– Providing active direction, periodically reviewing interim results, and identifying and executing adjustments to ensure achievement of the planned outcome (which contributes to the success of the overall digital transformation strategy).
To achieve these goals, organizations define, agree upon, and implement structures within the program effort. Active direction for the program is achieved through a combination of the right individuals, an effective structure for management and oversight, and a “set” of program roles and responsibilities. Roles and responsibilities are defined and structured, with the needed outcomes of the digital transformation program in mind, and to “fit” within the management core values and business goals.
We have witnessed the beginning and possibly the end of an era of complex enterprise applications. Companies have been investing millions in creating an infrastructure and then maintaining it. We believe that companies, irrespective of their size, can make a switch from the complex technology infrastructure to a more agile, cost-effective, contemporary, largely opensource, SMACI (Social, Mobile, Analytical, Cloud-based, IoT) capable, subscription-based architecture that is highly manageable, scalable and secure.