Every company is affected by the digital transformation and nowadays there is a lot of talking about digitization. It is necessary to modernize, optimize and automate obsolete processes - in other words, to digitize them so that they remain competitive in the future. No business model will be the same in the next 10-15 years as it is today. So there is a need to take action.
The digital transformation affects many areas of a company. It is the leap from an analogue to a digital world that affects many technical processes. Above all, it is accompanied by a cultural change.
Digitization is such a complex construct that the question quickly arises where to begin. Below you will find the 3 areas you should keep in mind.
A digital business model is a transaction that is processed using digital technologies and does not require any operational human intervention as it takes place only between digital systems. First of all, it is important to understand that a blanket 1:1 transfer of existing business models does not work. You need to better understand and analyze your own business model. As soon as you have a clear picture, you should improve the individual elements through digitization.
Analyze your business processes and optimize them. The goal is to become faster and more efficient. A simple example would be, to move away from paper to cloud/online processes. If you rethink your business processes and adapt them to new circumstances, you are on the right track.
Analyze your relationship with customers. Is there still room for improvement? Definitely! You can usually work even more customer-oriented if you include digital techniques, processes, etc. Think, for example, about your customer communication. Do you still contact them by post or e-mail? Why not simply use new, customer-friendly processes and send a personal SMS to your customers? This is communication on a new level, with the passage of time.
Keep moving and be innovative. Because outsiders lose the battle! Just think of former successful companies like Nokia or Kodak, which apparently failed the digitization and can no longer match those successful days from the past.
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