Digital Transformation Toolkit from ProductStack
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Productstack offers a collaborative digital strategy workshop lasting 2-3 days to help organizations build their digital strategies and execution roadmaps. The document discusses various levels of digital maturity among companies, ranging from laggards to leaders, and emphasizes the importance of having a cohesive digital strategy for competitive advantage. Additionally, a digital transformation framework is provided to assess and enhance an organization's digital capabilities.
Digital Transformation Toolkit from ProductStack
- 1. © ProductStack™ 2018 ProductStack’s Digital Strategy Workshop is a short (2-3 days), collaborative engagement where ProductStack runs facilitated workshops with your team members to help you build your digital strategy and an execution roadmap. Contact us for more details. Rahul Mohan CEO, ProductStack Email: rahul@productstack.com Phone: 704-360-8090 Ext 1 Website: ProductStack.com LAGGARDS Laggards are companies who have not invested in digital capabilities and are faced with increasing competition and reduced profitability. SHOTGUNS Shotguns are companies who have made one-off, tactical digital investments in their businesses without a cohesive digital strategy. STRATEGICS Strategics are companies who have articulated a vision for the future and built a comprehensive digital strategy to transform their business. PRACTITIONERS Practitioners are companies who are executing a digital strategy and are in the process of transforming their business. LEADERS Leaders are organizations who have a sophisticated digital infrastructure and as a result are witnessing strong profitability and customer loyalty. Digital Maturity Model Digital maturity is an indicator of an organization’s capabilities to leverage technology to transform their business. Digital Strategy Digital strategy helps an organization create a roadmap that aligns digital initiatives with its long term vision and business goals. Digital transformation is the strategic use of digital technologies by a company to build a sustainable competitive advantage in its marketplace. LAGGARDS SHOTGUNS STRATEGICS PRACTITIONERS LEADERS DIGITAL TRANSFORMATION Of CEOs feel they have 2 years to make digital transformation progress before suffering financially or falling behind competitors. Source: Progress Of CEOs in the Global 2000 companies will have digital transformation at the center of their corporate strategy. Source: IDC ASSESS THE CURRENT STATE FRAME A VISION FOR THE FUTURE ESTABLISH BUSINESS OBJECTIVES IDENTIFY & QUALIFY OPPORTUNITIES BUILD A DIGITAL ROADMAP Digital Transformation Framework ProductStack’s Digital Transformation Framework provides a structure for assessing an organization’s digital strategy and digital maturity. 85% 66% ORGANIZATIONAL CULTURE BUSINESS MODELS CUSTOMER CENTRICITY OPERATIONAL PROCESSES TECHNOLOGY INFRASTRUCTURE PEOPLE & SKILLS