Technology is the lynchpin of businesses all over the globe, it has become a staple of life both in a business and recreational sense – our reliance on it is showing no signs of slowing. Technological advancements over recent times have been revolutionary, with some even allowing us to work remotely from anywhere in the world whilst still having access to vital mission critical data – a way of working that kept the lights on for many at the height of the pandemic.
Recent times have opened many business owners’ eyes, when they realised that the way they were doing things was perhaps a little dated and not as efficient or cost-effective as it could have been. Due to this – and many company-wide transitions to remote working – the capabilities of technology have become apparent, with business owners realising that, if used correctly, it has the power to revolutionise your organisation.
What is a Digital Transformation?
A Digital Transformation is the process of purchasing, implementing, and maintaining new digital technologies with the intention of improving services or business. This is done by replacing manual processes and any dated digital tech with newer, more capable alternatives.
This doesn’t mean going out and buying the most expensive new tech you can find and hoping it does the job because ‘it cost a lot so it must be good’. Take your time, consider the impact that the new tech could have on your organisation both operationally and in regard to compliance obligations. The right Digital Transformation can propel your business forward toward success, and can improve the quality of service you can offer your customers, your staff’s performance and relationship with the technological landscape of your business, and the future prospects of your business as a whole. You must get it right for this to be possible.
Take some time out of your day to break your organisation down into its component parts, to understand what keeps the wheels turning and what can make them turn more efficiently. Once you have done this take a step back even further, have a look at competitors in your industry – particularly the successful ones – and find out how they conduct business and overcome their daily challenges. Once having done this, you will be able to make a revised decision on what Digital Transformation is right for you, your team, and ultimately your business.
The challenges you face daily
Your organisation will have its own set of unique challenges which it faces daily. Therefore, it is of the utmost importance that you take time to get to know your organisation and team in order to attain a good idea of what will benefit you and them going forward. There are, however, some daily challenges that almost all of us face. Let’s take a look at them now.
The care of sensitive information
Information – every business holds some form of data on their clients, most predominantly in the form of contact numbers, bank details, and personal addresses. These highly sensitive forms of data need to be protected by you at all costs. Data protection should be at the very top of your business concerns – cyber attacks are on the rise, you only need to leave a small dent in your armour and a cyber criminal will jump on your vulnerability, so you can’t afford to make mistakes when it comes to other people’s data - if you do you could be in serious trouble.
Regulatory and compliance obligations
Every business in the world has some form of compliance obligation that they are lawfully required to adhere to. The tools you have in place need to compliment your efforts to abide by them.
Unfit traditional IT
With the rate at which the technological landscape of the planet changes and evolves IT equipment quickly becomes dated - using this dated equipment could severely impact the rate of growth you are able to achieve in your organisation, your team could be completing tasks faster or to a better standard with better modern IT solutions. Traditional IT wasn’t catered in the same way as its modern counterparts, and most businesses are still using tools and using work processes that simply weren’t designed with their business in mind. Using an outdated or non-specialised system is simply counterproductive, will elongate work processes, and slow down production in the process.
An unequipped team
If you want an efficient capable team you need to provide them with efficient capable technology. What is the point in having IT in your organisation if it makes work processes longer and more difficult than they need to be? Isn’t the whole point of IT to make things quicker and better?
Now you know what a Digital Transformation is and the correct way of starting one, in the following article we will delve deeper into Digital Transformations and the options available on the market today.
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