“Digital Master” Book Monthly Tuning: The Philosophy, Capability, and Status of Digital Transformation Mar. 2017

Five Dimensions of Digital Capability Business Capabilities are the abilities to produce specific goods or services for serving customers, gaining market shares, and building business competency. They are essentially underpinned by business processes that are embodied in the knowledge capital of a digital organization. Organization’s capabilities are business competency to execute its strategy and deliver value to its customers. There are both utility capability and differentiated capability which make the different level of impact on the business growth and maturity. Here are five dimensions of digital capability.Monitor the Digital Pulse of Organizations The multidimensional digital transformation provides impressive advantages in terms of the speed of delivering solutions and ability of adapting to changes. The effects of an increasingly digitalized world are now reaching into every corner of businesses and every aspect of organizations. Digital businesses nowadays are fast, always “on,” highly connected, interdependent, and ultra-competitive. Digital transformation is not a one-time project or a stand-alone initiative; it is a continuous journey to adapt to the new normal of the business world. As the business executive, how can you monitor the digital pulse of your company in order to lead changes steadfastly and manage the business effectively?
Is your Organization in the Progress, Plateau or Stagnation of Digital Transformation? Digital makes a significant impact on every aspect of the business from people, process to technology both horizontally and vertically. However, businesses evolve changes at a different speed because they are at the different stage of the business life cycle, as well as they are in the different level of business maturity. Hence, in order to lead change effectively, business leaders should do the check-up continuously: Is your organization in the progress, plateau or stagnation of digital transformation? And how to create the momentum and lead change more effortlessly?

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Published on March 12, 2017 23:26
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