Digitalization improves
your Business Models
Fourth industrial revolution, artificial intelligence, data science, digital technologies, robotic process automation - the possibilities of digital transformation are nearly limitless, especially for the economy. By now, many companies understand that they have to face the challenges of the new digital world to have their finger at the pulse of time and stay competitive. They must overthrow their legacy processes and develop new digital business models.
Endless opportunities for digitalization, but where to start?
Digital technologies more than ever influence the ways and means to fabricate products and put them on the market, or to provide services. Digital change spares no sector and no business department. From production to logistics, IT, sales, marketing and HR, up to accounting - all departments are affected by the digital age. Every company must try to use the opportunities of the changing digital environment for its advantage. Companies that turn their back towards the digital transformation risk being left behind by their competitors. It is essential to not only make digitalization a matter for top-level management, but also to involve all employees in the process. Only this will make the transformation of old working principles and the establishment of new business models a success.
Whilst the technical parameters for digital transformation are continuously improving, businesses on the other hand have to overcome inflexible organizational and processual structures that hamper the digitalization. Not without a reason, the call for quickly adaptive processes is getting louder; it is posing many questions to decision makers: Where lies the highest potential for digitalization? How can I fulfil the rising expectations of customers and employees towards digital processes? What do I have to keep in mind during the development and management of business models? How can I best involve stakeholders?
A process-oriented approach paves the way for the digital transformation
To all solution approaches, services and technologies in the field of digitalization applies: digital transformation is never a finished product, but always a process. Decisive for a successful digital transformation is thus not only the target, but most of all the way to reach it. Due to old operating cycles and hardly enforceable process changes, many companies will have a rocky ride. Not for nothing necessitates digital change a fast adaptation and agile business processes.
It is highly important for the digital transformation of your organizational structures and workflows to develop an understanding of the processes that are best geared for digitalization. The use of digital technologies and the introduction of digital procedures is not only a matter of opportunities, but also of risks. It is thus important to closely observe all relevant business processes. A transparent view at your organization is imperative for a successful digitalization strategy. Additionally, all persons involved in processes must be on board to enable the acceptance of new digital workflows and their correct execution. No matter which area you want to digitalize, you should choose a process-oriented approach for the successful digital transformation of your organizational structures. This not only ensures that you keep an eye on all opportunities and risks, it also ensures a high transparency for all persons involved.
Effectively realize your digitalization aims with BIC
The processes in companies may be as diverse as possible, but the digital transformation of existing workflows is always based on a profound digitalization strategy. A process-based organization and IT analysis is fundamental. BIC is the ideal planning tool to effectively implement your digital ventures. The potential of digital transformation is easily discovered and evaluated in the software. Companies can plan their digitalization projects in BIC and draft digital "pathways" towards the most diverse transformation endeavors. This leads to a more transparent digitalization strategy, making it easier to prevent risks. To successfully establish digital processes and understandably communicate process changes, BIC offers an integrated process portal. Involved persons can inspect new organizational structures with a single click of a button. This allows a quick and transparent communication of transformational processes. With the collaboration feature, all stakeholders can be involved in good time and suggestions for improvement can be directly exchanged. This not only ascertains a high acceptance for digital transformation in your company, it also ensures the successful implementation of new, digital processes.
However your projects for digitalization may look like, with BIC you design a digital roadmap and reach your defined target. Purposefully analyze structures, IT and business processes and use new digital technologies with the software. Fully exploit the potential of digital transformation and be at least one step ahead of your competition.
BIC is the roadmap towards a digital future for these companies
Further resources
We have the information you need to unleash your full process potential. Take a look at our resources and start improving your business performance today.
