Getting the Digital Transformation Right
Countless companies believe the secret to getting your digital transformation right is by investing time, money, and effort into technology. That is a huge part of a successful transformation, of course, but there is more to the formula than that.
To get your digital transformation right, your entire organization must be involved from the c-suite executives down to the shop floor. Here are a few factors to consider as you begin your journey to Industry 4.0:
- Bring your employees along for every step of the digital transformation – Your people are the most important advocates for creating change inside and outside your business. That is why it is best to invest and communicate with them to show how they will benefit from their own personal digital transformation, as well. Upskilling your workforce as new technology is brought into your operation is critical, as well.
- Listen to your customers and trends inside and outside your industry – Make sure the technology you implement for your digital transformation improves your customers’ experience. Making a digital transformation that alienates clients is counterproductive considering the capital investment involved. Also, be sure to keep tabs on the trends inside and outside your industry. No need to devote yourself to adopting technologies for products and services that may be obsolete by the time your digital transformation is complete.
- Get the right structure in place – One common reason digital transformation projects fail is the lack of support from leadership. If management does not define a clear goal and strategy, your digital transformation is doomed from the start.
- Invest in the right technology – Your digital transformation is not about spending money on every new technology out there – it is about spending the money on the technology that’s right for your organization. Choose systems and technology that support your long-term goals. This will force you to either build or implement a new digital platform or iterate or change your operating model to use that platform and accelerate the time to value.
The best approach to the digital transformation is to have a plan before attempting to implement any new technologies or trends. 2W Tech is a technology service provider that specializes in solutions for the manufacturing industry and can assist you with your digital transformation. Give us a call today to learn more about IoT, artificial intelligence, business intelligence or any other transformation technologies.