Last week, we highlighted how digital disruption may be affecting your business. In this blog post, we outlined some of the challenges that businesses face as new technologies disrupt existing business models..
Companies looking to make the most of digitalisation and to embrace digital disruption, need to think of it as part of a much broader business revolution strategy. Digital transformation is not just about buying new hardware and software, it requires a re-evaluation of all business functions, practices and processes – from talent and basic operations to products and business culture.
Here are some of our top tips for truly taking advantage of the digital disruption trend:
Digitalisation must be a strategic priority: They say that failing to plan is planning to fail. Your digitalisation strategy must be based on a clear plan. If you only have a vague idea of what you’d like to achieve, it’ll be difficult to assess the success of your efforts.
Digital transformation must be supported by business executives: It’s impossible for anything to be successful if top level executives don’t buy into what you’re doing. Ultimately, without backing from C-suite executives, securing support funding for new digital technologies will be an uphill battle.
Assess your capabilities and align these with your strategy: Remember what we said about the significance of having a solid plan? Well, part of this planning process should entail assessing the business’ capabilities and assets and then aligning these with your desired outcome. Using what and whom you have at your disposal is critical for successful digital transformation.
Acknowledge the importance of change management: It’s inevitable that these new technologies and new processes will affect your employees. To minimise any disruptions to staff, businesses must ensure that they’re properly informed about how things are set to change and must be shown what value these fresh digital tools add to the business.
How to move faster than the rest: According to a 2017 study by Interxion and IDC, IT infrastructure is one of the key enablers of digital transformation. The report found that the companies who were making the greatest strides towards digital transformation were able to do so because they had flexible and reliable IT infrastructure. Increasingly this advanced IT infrastructure exists off-premises. This approach not only boosts reliability and affordability, it also enables flexibility and seamless scalability.
At Nebula, we believe that efficient telecoms expense and lifecycle management is one of the most important elements to include in your digitalisation and digital disruption strategy. We enable our customers to do so by automating complex tasks, increasing visibility, streamlining business processes and reducing costs, this cloud-based solution provides businesses with all the capability they need to achieve real telecoms efficiency. To stay up to date with all the latest digitalisation trends, sign up for our newsletter below.