What is a Digital Strategy and What to do if your Organisation Lacks One
While technology is a key enabler of a digital strategy, the strategy itself is a comprehensive plan that encompasses business objectives, customer-centricity, content and communication, data-driven decision-making, user experience, organisational culture, compliance, resource allocation, and a keen awareness of the competitive landscape. A successful digital strategy integrates these elements to drive overall success in the digital age.
What is a Digital Mindset and why is it so important for every business to foster it.
In today's rapidly evolving business landscape, a digital mindset is not just a luxury but a necessity for an organisation's survival and growth. You might fear that your organisation lacks a digital mindset, by seeing resistance to innovation or change, a lack of customer focus, or internal silos, or have conducted a Digital Maturity Assessment (DMA) that revealed this. A lack of digital mindset is not a dead-end but a call to action.
What Can a Digital Maturity Assessment Do for Your Business?
The ability to understand, adopt and ultimately align your organisation with your industry’s ongoing digital transformation is becoming crucial for competitive success. A Digital Maturity Assessment (DMA) serves as a vital tool in this endeavour, helping your business to recognise where it stands in the digital landscape.
Demystifying Digital Transformation: The Fiora Model Driving Business Success
Digital Transformation has evolved from a buzzword to a business imperative. It's the strategic, organisational change that leverages digital technologies to drive improved performance and competitiveness. However, the accelerating cycle of innovation leaves no room for delay, as businesses must adapt or face obsolescence.
Digital Transformation is really hard
It really is difficult, it can feel like re-wiring a plane while in flight. Digital transformation has become an imperative for organisations of all sizes and across all industries. It represents a holistic shift from traditional ways of doing business to a more technologically integrated and data-driven approach. However, despite the evident benefits, many digital transformations fail to achieve their expected outcomes, with estimates suggesting a staggering failure rate of from 70% - 80% according to several studies.
Evolving Business Strategies: Embracing Digital Thinking and Purposeful Transformation
In today's digital landscape, businesses are constantly facing the challenge of staying relevant, competitive, and resilient. The rapid advancement of technology has transformed traditional business models and strategies, necessitating a shift towards embracing digital maturity and purposeful transformation.
The right approach to Digital Transformation
In today's rapidly evolving digital landscape, organisations must adapt and innovate to remain competitive. Achieving digital maturity and transformation is essential for businesses to thrive in this environment, and there are numerous models and approaches to choose from. However, the Fiora Digital Maturity Model stands out from the rest, offering a unique and comprehensive approach to digital transformation built on extensive research, data, and industry insights.