Digital is NOW. Just as a wheel, electricity & computers were once new, digital has become a key element of a competitive business model.
A Digital 1st philosophy integrates digital into all aspects of a business model
- from channels, processes and data
- to operations, incentives and culture
Revenue Risk or a Revenue Opportunity
Digital surpasses the benefits of process improvement & reengineering by creating opportunity to:
- Grow Revenue – improve the customer journey, enable new revenue streams & create customers access anywhere, anytime.
- Reduce Cost– less manual tasks that generate waste, increase error, create variance & introduce physical constraints.
- Increase Margin
The ultimate business utopia! Digital transformation delivers ROI through:
- a customer centric value stream
- balancing technology, people & culture - high tech & high touch
- management & operations clarity on streamlining the value stream
- cross functional collaboration to inform decision making & overcome politics/silos
- timely business intelligence to inform agile decision making
- more accurate forecasting and proactive management action
- removing physical constraints including distance, time, weight & space
In a global economy enabled by the Internet of Things,
digital transformation is not If but How and When.
Cost Management Specialists bring expertise in leveraging ROI from digital transformation. Contact John Cleary on +61 411 522 521 or firstname.lastname@example.org