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.
The Importance of Culture for Digital Transformation Success
Strategy holds its own importance, but it should never overshadow the role of culture. Peter Drucker's statement ‘Culture eats strategy for breakfast’ emphasises that an organisation's culture, encompassing its values, norms, and behaviours, greatly influences the implementation of its strategy. Even a well-crafted strategy can stumble within a toxic culture, while a positive and robust culture can drive success, even in the absence of flawless strategic plans.
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.