Digitalize Fast or Die Slowly
Everybody talks about Digital, but so often, people talk about very different things. What seems to be clear is: Becoming Digital or not is not a choice, its inevitable for a business to survive. However, there are many different ways of achieving this, and a business should position itself wisely. In order to do so, the interaction and exchange with others can be extremely helpful. New ideas, new business models, and rising star businesses are born from cross-industrial innovation hubs, roundtables, congress visits, or other forms of exchanging information outside your own point of view that promote out-of-the-box-thinking and innovate ideas. This website aims at providing an open platform to enable such exchanges and discussions.
Proven Frameworks and Approaches Help to Mature
Generally speaking, there are three components of Digital that need to be considered jointly in order to enable a business to use its capability. These are technology, process, and people. Technology includes the IT infrastructure, systems, and applications of a company and serves as the foundation to enable Digitalization, just like you need a bowl, a mixer, and an oven to make a cake. Processes are needed to achieve a defined outcome and to ensure a certain quality level over time. Having all the ingredients of the cake is not sufficient to ensure success. You will also need to know what to do with the ingredients and in which order. The third component people, does not merely refer to the digital skill sets, but also the culture, the mindset, and ultimately the intrinsic motivation. If you stir your cake batter for 15 minutes and you don’t care about the result, you might not do it effectively at all and clumps will remain. In order to establish such digital capabilities, one needs to get the concepts right. This is the foundational advice of every consultant, and is a pre-requisite for a structured digital transformation. Some of those holistic concepts will be explained on this website and should also be critically discussed and evaluated.
Big and Small Success Stories Worth Looking at
Different companies have different challenges to succeed in those capability areas. Some companies are struggling to find a way out, while some have already concurred their obstacles and are truly embracing the benefits of Digital transformation. Businesses that are open to learn from such success stories and understand what it means for their own situation will have a significantly higher chance to achieve their Digitalization goals and to create their own success stories. The market leaders often provide us excellent opportunities to understand the lessons they learnt during their way to the top.
One can learn from market leaders and from industry experts. Moreover, one can also learn from innovative startups, from students, early market adopters, and tech insiders, which are often much closer to the pulse of the market. If you are one of them, please don’t hesitate to share your ideas here, and help us all learn and benefit mutually from each other.
How to Benefit?
On this website, I would like to collect inspiring content such as ideas, concepts, hot topics, and success stories that one can learn from and that helps to think further, and that encourages discussions. I believe that your experiences, comments, and ideas will help all of us to understand, anticipate, and prepare better for the future and to ultimately manage our own Digital transformation.