Strategies for Digital Transformation and Business Competitiveness

𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐂𝐡𝐚𝐧𝐠𝐞: 𝐇𝐨𝐰 𝐊𝐨𝐭𝐭𝐞𝐫’𝐬 𝟖 𝐒𝐭𝐞𝐩𝐬 𝐂𝐚𝐧 𝐆𝐮𝐢𝐝𝐞 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 In the rapidly evolving landscape of digital transformation, effective leadership is more crucial than ever. Here is how leaders can navigate these changes using 𝐊𝐨𝐭𝐭𝐞𝐫’𝐬 𝟖-𝐒𝐭𝐞𝐩 𝐂𝐡𝐚𝐧𝐠𝐞 𝐌𝐨𝐝𝐞𝐥, underpinned by recent trends and statistics in the realm of digital transformation. 𝟏. 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐢𝐧𝐠 𝐚 𝐒𝐞𝐧𝐬𝐞 𝐨𝐟 𝐔𝐫𝐠𝐞𝐧𝐜𝐲 ▪Digital transformation is a top priority for 𝟖𝟕% of executives. ▪Market value of digital transformation to reach $𝟕𝟔𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 by 𝟐𝟎𝟐𝟔. 𝟐. 𝐂𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐆𝐮𝐢𝐝𝐢𝐧𝐠 𝐂𝐨𝐚𝐥𝐢𝐭𝐢𝐨𝐧 ▪Embrace Partner Ecosystems for collaborative innovation. ▪Form a diverse team for a culture of co-creation. 𝟑. 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐚 𝐕𝐢𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 ▪Focus on Connected User Experience across applications. ▪Craft a user-centric digital strategy. 𝟒. 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐡𝐚𝐧𝐠𝐞 𝐕𝐢𝐬𝐢𝐨𝐧 ▪Use data to highlight benefits; digital maturity correlates with 𝟒𝟓% revenue growth. ▪Ensure clear, compelling communication of digital goals. 𝟓. 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 𝐟𝐨𝐫 𝐁𝐫𝐨𝐚𝐝-𝐁𝐚𝐬𝐞𝐝 𝐀𝐜𝐭𝐢𝐨𝐧 ▪Address IT labor shortages and digital skills gap. ▪Invest in employee upskilling and reskilling. 𝟔. 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐒𝐡𝐨𝐫𝐭-𝐓𝐞𝐫𝐦 𝐖𝐢𝐧𝐬 ▪Celebrate milestones in customer experience and tech advancements. ▪Showcase early successes to build momentum. 𝟕. 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐧𝐠 𝐆𝐚𝐢𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐌𝐨𝐫𝐞 𝐂𝐡𝐚𝐧𝐠𝐞 ▪Leverage trends like XaaS and Multi-cloud Utilization for growth. ▪Use initial successes to drive further digital initiatives. 𝟖. 𝐀𝐧𝐜𝐡𝐨𝐫𝐢𝐧𝐠 𝐍𝐞𝐰 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐮𝐥𝐭𝐮𝐫𝐞 ▪Integrate digital approaches into company culture. ▪Continuously develop digital capabilities; 95% of digital leaders have significant cloud capabilities. Leadership in the digital age, guided by Kotter’s 8-Step Model and informed by current digital transformation trends, is about creating a vision, empowering and skilling the workforce, and embedding new technologies into the organizational culture. By doing so, leaders can not only navigate but also thrive in the ongoing digital revolution. Source: https://lnkd.in/gj8FjTTY https://lnkd.in/g63bGd_Y https://lnkd.in/gufp6p8D #AI  #GenerativeAI #ArtificialIntelligence #DigitalTransformation #ML #ExecutiveLeadership #NiteshRastogiInsights  --------------------------------------------------- • Please 𝐋𝐢𝐤𝐞, 𝐒𝐡𝐚𝐫𝐞, 𝐅𝐨𝐥𝐥𝐨𝐰, 𝐂𝐨𝐦𝐦𝐞𝐧𝐭, 𝐒𝐚𝐯𝐞 if you find this post insightful • Follow me on LinkedIn https://lnkd.in/gcy76JgE to stay connected with my latest posts.  • Ring the 🔔 for notifications!

𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐚𝐧𝐝 𝐀𝐈 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: 𝐒𝐨𝐥𝐯𝐢𝐧𝐠 𝐑𝐞𝐚𝐥 𝐏𝐫𝐨𝐛𝐥𝐞𝐦𝐬 & 𝐄𝐱𝐭𝐫𝐚𝐜𝐭 𝐕𝐚𝐥𝐮𝐞 𝐷𝑖𝑠𝑐𝑜𝑣𝑒𝑟 𝑡ℎ𝑒 𝑘𝑒𝑦 𝑡𝑜 𝑖𝑚𝑝𝑎𝑐𝑡𝑓𝑢𝑙 𝑑𝑖𝑔𝑖𝑡𝑎𝑙 𝑎𝑛𝑑 𝐴𝐼 𝑖𝑛𝑖𝑡𝑖𝑎𝑡𝑖𝑣𝑒𝑠 – 𝑖𝑡'𝑠 𝑛𝑜𝑡 𝑗𝑢𝑠𝑡 𝑎𝑏𝑜𝑢𝑡 𝑡ℎ𝑒 𝑡𝑒𝑐ℎ𝑛𝑜𝑙𝑜𝑔𝑦. 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗣𝘂𝗿𝗽𝗼𝘀𝗲 ↳ Problem-Centric Approach ↳ Avoiding Technology for Technology's Sake ↳ Aligning with Business Goals ↳ User-Centric Design ↳ Iterative Development and Feedback Loops 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗦𝘁𝗲𝗽𝘀 𝗳𝗼𝗿 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 ↳ Identify and Analyze the Problem ↳ Define Clear Objectives ↳ Evaluate the Role of Technology ↳ Prototype and Test Solutions ↳ Iterate Based on Feedback ↳ Implement and Monitor ↳ Foster a Culture of Continuous Improvement #digitalbusinesstransformation #aitransformation #ai #data #businessstrategy #problemsolving

This is a good article demonstrating what my conversations with many customers are showing me. 1️⃣ Purpose-Driven Transformation GenAI is a tool, not the end goal. Start with a clear vision of your business transformation and then determine how GenAI fits in. Sometimes, predictive AI or regular process automation might be what you actually need. Avoid implementing GenAI in isolation. 2️⃣ Conversational or Not? Understand what you're replacing and why. In some scenarios, like call centers, one-shot GenAI responses are more effective. In contrast, sales teams might benefit from deep, conversational AI assistants to strategize and close deals. Always ask: How many clicks do I eliminate? Will the output require a follow-up? This will guide your technical strategy. 3️⃣ Short-Term Wins for Long-Term Success Justify your long-term transformation with short-term ROI. Quick wins like one-shot GenAI deployments and small-scale pilots can pave the way for larger, transformative initiatives. If you don't achieve any quick wins within a month, it's time to reassess and change your strategy. 💡 Many companies might struggle with this alone. Build an internal AI practice but don't hesitate to seek help from other departments and system integrators. #AI #DigitalTransformation #Innovation #BusinessStrategy https://lnkd.in/gfWmD34Y

As more and more PE-owned organizations aim to digitally transform, executives need to reflect on their leadership style and potentially update it. A 2025 integrative study in Administrative Sciences (Sacavém et al.) analyzed 34 peer-reviewed articles. The key insight? Transformational leadership is what separates digital transformation success from expensive failure. Based on the research, successful leaders excel at four things: 🔹 Inspire innovation. There is no right way to do this but consider exploring the following tools in the toolkit: - Starting small: Book club or training series with thought provoking content, small, focused projects solving specific pain points - Bigger commitment: Internal hackathons, innovation-focused teams, skunk works 🔹 Digital upskilling. Start with yourself. Leaders who build digital literacy set the tone for learning across the org. Then upskill your team across all seniority levels and functions with structured and unstructured trainings. 🔹 Manage uncertainty. Update your decision-making heuristics and models to account for the dynamic environment we all operate in today. Ensure you ringfence risk with guardrails and have agile processes to update goals and objectives with higher frequency than annual planning. 🔹Empower teams to take calculated risks. Building agile governance models is one way to do this. You will need dynamic, real-time dashboards to be able to rapidly iterate and identify what is working and what not. Also, being clear about the desired goal (e.g., strategy on a page) and communicating it across the organization helps align and organize teams. What else have you found useful when guiding your organization through a digital transformation? #SciencemeetsStrategy #DigitalTransformation #Leadership Full article: Sacavém, A., de Bem Machado, A., dos Santos, J. R., Palma-Moreira, A., Belchior-Rocha, H., & Au-Yong-Oliveira, M. (2025). Leading in the digital age: The role of leadership in organizational digital transformation. Administrative Sciences, 15(2), 43. https://lnkd.in/eKSpaxjy

The Keys to Successful Digital Transformation Digital transformation is essential for companies wanting to thrive in the 21st century. Leveraging new technologies like artificial intelligence, big data, and the Internet of Things can lead to increased productivity, better customer engagement, and new revenue streams. However, many digital transformation efforts fail to live up to the hype. Based on research and expert insights, here are the most important things to keep in mind for successful digital transformation: Get Leadership Alignment Any major business transformation needs commitment and support from senior leadership. Executives need to fully understand and buy into the vision for digital transformation. They must be willing to invest appropriate resources and actively communicate support to the entire organization. Focus on the Customer Experience At its heart, digital transformation is about using technology to deliver better customer experiences. Keep the customer journey at the center of your digital roadmap. Leverage data and feedback loops to fully understand pain points and identify areas for innovation. Embrace Agility and Speed Digital transformation requires a focus on speed and agility. Companies today need to act fast to keep up with the competition. Take an agile approach based on rapid iteration and continuous improvement. Be flexible and willing to experiment often. Build Digital Skills and Talent Digital transformation efforts will stall without the right talent and skills. Identify capability gaps across areas like data science, design thinking and digital marketing. Recruit digitally-savvy talent and invest in upskilling the existing workforce through training programs. Leverage Data to Drive Decisions Data is a powerful asset in digital transformation. Leverage big data, analytics and AI to extract real-time insights that can inform decision making. Data should drive your digital efforts. Communicate and Manage Change Any organizational change brings challenges. To gain buy-in and reduce friction, establish clear communication plans for your digital initiatives. Help employees understand the reasons for change. Have a thoughtful change management strategy. While the technology side of digital transformation is exciting, it is not enough on its own. Paying close attention to leadership, culture, people and processes is just as crucial for true transformation. With a strategic, customer-centric approach, companies can unlock innovation and value through digital. #digitalbusinesstransformation #transformation #digital

[Case Study] Digital Transformation Initiative for Mid-size Retailer This case study examines the scenario: The organization is a mid-size retailer specializing in high-end home goods, facing market share erosion due to the rise of e-commerce and changing consumer behaviors. Despite having a solid brand and loyal customer base, the company's traditional brick-and-mortar operations have not kept pace with digital trends, resulting in a decline in foot traffic and sales. To remain competitive, the retailer must identify and strengthen its Key Success Factors in the digital age, especially around customer experience, operational agility, and omnichannel integration. The initial review of the retailer's situation suggests that the core issues may stem from a lack of digital integration and a failure to adapt to evolving consumer preferences. Hypotheses include: 1) The company's in-store experience is not effectively connected to its online presence, leading to missed opportunities for cross-channel synergy. 2) There is a significant gap in leveraging customer data to personalize experiences and drive loyalty. 3) Operational inflexibility hinders the organization's ability to respond quickly to market changes. The strategic overhaul of the retailer's business model can be systematically approached through a 5-phase consulting methodology, ensuring a comprehensive transformation of its Key Success Factors. This process will not only address immediate concerns but also lay the groundwork for sustained competitive advantage. Assessment and Benchmarking: Begin with an in-depth analysis of current operations, customer feedback, and market trends. Key activities include competitive benchmarking and identifying digital maturity levels. Common challenges often involve resistance to change and data silos, which can be mitigated through stakeholder engagement and transparent communication. Customer Experience Redesign: Focus on understanding and mapping the customer journey to identify pain points and opportunities for enhancement. Analytics play a crucial role in this phase, with insights leading to a tailored customer engagement strategy. Deliverables include a customer experience blueprint and an implementation roadmap. Read the full case study here: https://lnkd.in/eVDBv6hA

As Senior Vice President of Global Sales at a digital engineering services company, I've had a front-row seat to the evolving US industrial and manufacturing sector. Today, I'm excited to share insights into the ongoing transformations shaping the industry and offer a perspective for senior executives. 1. Digital Resilience Matters: The industrial sector is embracing digital transformation to bolster resilience. Industry 4.0 brings connectivity, automation, and data-driven decision-making. But remember, digital resilience is about aligning tech innovations with your strategies. 2. Collaborative Advantage: Innovation often happens at the crossroads of disciplines. Encourage collaboration between engineers, designers, data scientists, and domain experts. Breaking silos enables fresh perspectives and solutions. 3. Agile Beyond Software: Agile methodologies aren't just for software. Apply iterative problem-solving and adaptive planning to manufacturing. This approach accelerates product development and responsiveness to market needs. 4. Sustainability as a Driver: Sustainability isn't just ethical—it's a competitive edge. Incorporate sustainable practices into core operations. Align sustainability with your business goals to develop strategies that resonate with stakeholders. 5. Future-Ready Workforce: The skills landscape is evolving. Invest in upskilling and reskilling to bridge the gap between expertise and emerging demands. Future-proof your workforce for AI-driven maintenance, data-driven optimizations, and more. In conclusion, the industrial landscape is shifting due to technology and market dynamics. Embrace digital resilience, foster collaboration, adopt agile practices, champion sustainability, and invest in workforce development. These strategies will empower your organization to navigate change effectively. Stay tuned for the next article in this series, where we'll explore actionable steps stemming from these insights.

Transform with purpose: Technology drives change, but people power success Don’t commit one of the 𝐒𝐞𝐯𝐞𝐧 𝐃𝐞𝐚𝐝𝐥𝐲 𝐒𝐢𝐧𝐬 of digital transformation! 𝐅𝐨𝐜𝐮𝐬𝐢𝐧𝐠 𝐨𝐧 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐨𝐯𝐞𝐫 𝐩𝐞𝐨𝐩𝐥𝐞: While technology is certainly an important aspect of digital transformation, it’s arguably more important to consider how the changes will impact employees. Strong leadership and good change management will help ensure employees are inspired, motivated, and aligned with the digital strategy. 𝐍𝐞𝐠𝐥𝐞𝐜𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞: Customer experience must be at the heart of digital transformation. Process optimization and cost reduction will help improve the business, but they won’t change the game. Leveraging high-quality product, customer, and market data allows companies to create new business models that provide better product/service performance, customer experience, and business outcomes for customers. 𝐃𝐨𝐢𝐧𝐠 𝐢𝐭 𝐚𝐥𝐨𝐧𝐞: Adopting and implementing a variety of new technologies that need to cohesively work together while simultaneously modifying processes and managing cultural changes is a tough undertaking. Very few companies, if any, have the expertise and experience in-house to pull it off. Partner with experts you trust! 𝐍𝐨𝐭 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐢𝐧𝐠 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲: As organizations adopt new technologies, it's important to consider the security implications, both for the organization and for the customers. Cybersecurity is too important to be considered an afterthought in the digital transformation process. According to Microsoft’s Digital Defense Report 2022, Manufacturing at 28% had the highest ransomware incident and recovery engagements of any industry. 𝐍𝐨𝐭 𝐛𝐞𝐢𝐧𝐠 𝐚𝐠𝐢𝐥𝐞: Very few large-scale transformations go exactly as planned. In addition, technological advancements and market conditions are changing so fast that failure to react and adapt quickly can be catastrophic. Embrace digital and cultural agility to foster an environment of continual innovation. 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐚 𝐜𝐥𝐞𝐚𝐫 𝐯𝐢𝐬𝐢𝐨𝐧 & 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲: A good digital transformation strategy should describe what success looks like, how it will be graded, and how the combination of technologies will be integrated across all systems and processes to transform the business. 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 & 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭: Digital transformations are designed to be disruptive and can often be costly. Company leaders not only need to agree on the digital strategy, but they also must be fully committed. Otherwise, digital initiatives will run the risk of goal and priority misalignment, high levels of resistance, and loss of funding. To read the full article: https://lnkd.in/eJF383Yi

In the increasingly digitized and AI-driven world, businesses, particularly large corporations, have been undertaking digital and AI transformations. However, these transformations have not necessarily resulted in expected revenue lift or cost savings. This article attempts to shed light on how businesses can ensure they are gaining value from these transformations and steps to beat the competition. 📊 Only 31% of the expected revenue lift and 25% of expected cost savings have been captured by businesses undergoing digital and AI transformations. 🚀 These transformations must provide value and confidence to business leaders for them to commit to the necessary changes for success. 🔍 Detailed research and data analysis show that digital transformations create value and how businesses can gain a competitive advantage. 🏛 Evidence from the banking sector suggests that digital leaders are generating more shareholder value than laggards. 📈 The key to successful transformation lies in redefining end-to-end business processes, attracting high-quality digital talent, and implementing change management strategies. This article unpacks these key insights and provides a roadmap for businesses looking to gain a competitive edge through digital and AI transformations. The challenge is significant, but so too is the potential reward. #DigitalTransformation #AI #BusinessInnovation #DigitalLeaders #DigitalLaggards #DataDrivenBusiness #CompetitiveAdvantage #FutureofBanking #OperationalEfficiency #RevenueGrowth #CostSaving

It's amazing how many orgs would describe themselves as 'digitally overwhelmed'. This sense of being digitally overwhelmed generally encapsulates two states of disarray... First, an avalanche of data with no real idea of what to do with it. Second, a deluge of conflicting information on digital transformation, leaving orgs at a loss as to where to begin... (this is the more common problem) Whenever we are in a meeting with a client and it has become painfully clear that they are digitally overwhelmed, we stop, take two steps back and re-group. Because, oddly, the solution to both dilemmas is one and the same... The solution is always the same -- a clear, robust Digital Strategy. You'd be stunned, countless organizations are without a concise, 3-sentence digital strategy statement, addressing the 'why' of their digital transformation and the 'what' of their plan to make data their primary commodity... Being digitally overwhelmed is not a terminal diagnosis -- not fixing it, is death by a thousand papercuts, however. With a strategy-first approach, followed by a sound open architecture, leveraging the right technology, the situation is reversible... Focus on systematically and additively capturing digital events. then solve problems iteratively... Whether you're overwhelmed with data or unsure of where to start your digital transformation journey, the remedy is simple — establish a sound strategic foundation and start small. Make the first move... Always ensure you are serving the strategy -- and the rest will fall into place... Gilad Langer #DigitalTransformation #DigitalStrategy #Industry40 #IIoT