The most digitally mature companies lead all other companies in value creation. They also have proved much more resilient during the crisis. Companies aiming to accelerate their digital transformation and create value should learn how the most digitally mature companies charted a path to success in areas such as operational efficiency, shareholder value, and top-line growth. We have identified four accelerators that are strongly tied to the ability of these companies to translate strategy into outcomes—and market dominance.
The Digital Index evaluates digital capability across 5 clearly defined business dimensions to create a holistic view of digital maturity across the organisation. Providing an experience where customers view the organization as their digital partner using their preferred channels of interaction to control their connected future on and offline
Completness of Vision
Companies that are characterized by strategic activities due to digitalization of products and services as well as the definition of new digital business models. Leading companies create complex digital ecosystems to achieve new services for their clients.
Operational Excellence
Companies can be characterized by a strong ability to operationalize a digital strategy considering their core value chain and available resources. Leading companies build upon digital capabilities, set up IT backbones and increase the intelligence of their business functions.
Digital transformation has taken a top spot on leaders’ agendas for several years, but the current economic backdrop has accelerated its urgency. Companies cannot go back to business as usual. Future competitiveness and resiliency will depend on maximizing the value from digital transformations. Regardless of where a company is on its digital journey, the four accelerators can help continue the vital work of transforming it into a bionic company.
Attaining the bionic company level is driven by four key accelerators:
- a) Investing Significantly in Technology, Data, and Human Capabilities
- b) Putting AI at the Core of the Digital Transformation
- c) Establishing Governance and Adopting a Platform Operating Model
- d) Connecting Technology and Human Capabilities
Determine where your company stands in its digital transformation
Assess the current maturity of digital capabilities, evaluate the status of existing digital initiatives, and review long-term transformation goals.
Discuss the opportunities for and the value of applying the four accelerators
Consider how each of the four accelerators can help the company’s unique journey on the basis of its current capabilities, initiatives, and goals.
Start pilots and agree on a roadmap to accelerate the digital transformation.
Depending upon how the company wants to leverage the four accelerators, design pilots that can advance the digital journey and attain the desired goals.
Platforms
Salesforce
ServiceNow
Clouds
AWS
Azure
Location
Australia
US
India