When Is It Time To Consider Digital Transformation?

Technology is a core part of every organization these days, from the computer workstations for day to day operations to equipment like printers, phones, and cameras. The concept of digital transformation refers to investing in and adopting new technology, hardware or software, to add value to the organization, optimize operations, and achieve automation to free up manpower and resources for other programs.

Unfortunately, there is no clear sign of when digital transformation is necessary because operations can still be successfully carried out with some degree of manual effort and insufficient technology. However, There are Three situations stand out the most for when it might be time for your organization's digital transformation:

  1. Unfamiliarity: This is a situation where you simply aren't aware of what technology is available in the present, how you could benefit from it, and perhaps don't even think you need an upgrade. However, technology constantly develops and there's never a reason to stick to old tech if newer ones can do more and do it better. Once you learn to search for these and understand how to analyze what's the better option, your organization can overcome this situation.

  2. Complexity: This is a situation that's common to most organizations faced with the large selection of technology choices. What works for me? Do I need this? How will it work? are common questions when searching for technology and the answers might not always be given in a clear and simple way. Without concise answers, it becomes hard to make a decision and eventually the topic gets sidelined by new and important priorities. Eventually, the topic of choosing technology comes up again and the cycle of indecision repeats, resulting in lost time and money for the organization.

  3. Misidentification: This is a situation marked by having invested in technology that is neither being used completely nor effectively. This could result from adopting the wrong kind of technology, only using a small part of it despite paying for the whole thing. Not only is this an ineffective situation but it could be an unnecessarily costly one where your organization is paying way more for features it doesn't need and never uses. This usually forms when technology is brought in piecemeal and insufficient research is done, resulting in tolerating the inefficiency since it technically works, but the consequences and vulnerabilities slowly build up.

These are not the only situations, but they encompass the most common situations affecting every type of organization. The reasons for these situations can range from budgetary limits to simply not knowing about what's other there. However, digital transformation is critical for any organization looking to operate effectively into the future and the numbers speak for themselves:

  • 34% of companies have already undergone digital transformation (Smartinsights.com)

  • 40% of all technology spending is for digital transformations (CIO.com)

  • 56% of CEOs said digital transformation led to revenue growth (Garnter)

Digital transformation is becoming a vital, if not necessary, investment for organizations to adapt to the future and improves their processes. For-profit businesses gain revenue growth but government offices and non-profits can also benefit through reducing expenses and increasing productivity, allowing budgets to last longer and freeing funds for more programs.

Styremont has years of experience and can help your organization identify which situation it's in, lay out a plan for how to get out, and make sure your decision-maker(s) and team know how to maximize the benefits of the digital technology available. Considering Contacting Us to tell us about your current operations, what you're looking for, and we can help your organization transform.

Don't settle for inefficiency when you might have better choices. The earlier you act and plan, the earlier you can trim expenses and ensure more productivity in your organization's operations.