Digital Transformation is not just about moving information from paper to a PC.
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It’s about going beyond the traditional boundaries of IT and leveraging new technologies, like cloud computing, big data, social media, mobile devices, and more.
Learn how this can help your business succeed in today’s marketplace by watching this video.
Text and Concept by Andrea Manti, CBDO at Lean Community.
π Chapters:
βΆ Intro (0:00)
βΆ Why Digital Transformation (1:15)
βΆ Digital Transformation Examples (1:48)
βΆ Digital Devices (4:10)
βΆ Digital vs Digitization (5:44)
βΆ Statistics on Digital Transformation (7:18)
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βοΈ Here is the summary of the transcript of the video
βΆ What is Digital Transformation?
Well, letβs start from what IS NOT:
It is not the digitization, the process of converting information into a digital format.
βΆ So what is Digital Transformation?
Itβs a wide transformation process that embraces the whole organization.
This transformation engages all processes and employees, and itβs built on a different strategic vision about how the organization itself should act and react, with a radical shift in the mindset of the employees
βΆ Why do we say strategic vision and implementation?
Because the mindset shift means to integrate all new technologies into all areas of the organization and the way we deliver our business.
The change should impact the way they THINK our business, how we interact with our customers, how we manage our data, how we organize our production process, how we deliver our products, how we plan future business, and so on.
γ CONNECT WITH ME γ
Hi,
my name is Mark Anderson a 20+ year Lean Expert.
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Loved the presentation quite simply to understand and clear.
The video is simple and direct. Seeing that digital transformation should be a strategic approach and with a long term perspective is really important as one of my take aways from the video.
so good i love the way you explain and give examples
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AI revolutionizing processes is thrilling. SmythOS's no-code platform for multi-agent AI is incredible, making complex workflows more efficient.
Helpful video. This video is similar but is more for engineers: https://www.youtube.com/watch?v=DlXqLMIm1Yo
I'm completely absorbed in this. I had the pleasure of reading something similar, and I was completely absorbed. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
DT is not Computerization, not sub-optimization of departments, but Optimization of the whole organization, all departments, all work processes. Business as a whole must have Objectives and Strategies to reach objectives. IT, business processes, employee skills, finance, .. are just tools to produce manageable plans to implement risky organization strategies to make customers, suppliers and partners happy, raising revenues while cutting internal costs, while the market regulations, customers, suppliers, and partners are also changing. This is a gamble that CEO and BOD are playing so deep industrial experience and willingness to intelligently choose your strategies are the key factors. Objectives and Strategies must be periodically reviewed and changed to reflect market reality.
Tools like Business Model Canvas and BSC are appropriate.
It is so rare that speakers talked about what is not DT. Thanks for your clearer presentations.
Digital Transformation is old wine in new bottles. Most of the key technologies presented in this video have been around for 10-15 years or even longer. And I canβt think of anyone who isnβt already doing most of this β¦Telling businesses that they should use eCommerce and social media is not exactly a radical paradigm shift in 2023. The only innovative aspect of Digital Transformation is the βTransform or Dieβ argument, allowing uneducated βLeanβ-consultants (who canβt even spell properly – I spotted embarrassing spelling errors in this video) to scare hapless managers into buying their seminars.
Thanks for sharing this information.
Planning to write my University thesis on Artificial Intelligence. Iβm currently in a brain storming phase and this video was very useful, with plenty of content easy explained and following an easy to follow logic.
Great video! But with RankWatch's insightful digitalization video you can unlock the power of digital transformation. It perfectly compliments this video providing expert's knowledge and additional insights.
Very informative and easy to understand video.. Well done!
RankWatch's video provides a unique perspective on the subject digitalization through software and marketing and is well worth watching!
Details of value management in Digital Transformation in 15 mins – https://youtu.be/JySseOJ-T40
Excellent video. Congrats!
This explanation of digital transformation might as well be 10 years old. Most businesses aren't moving from paper to tech–they're moving from good tech (or bad) to great tech.
this is a very good presentation with example
Thank you for this detailed explanation. Hopefully, the viewers who plan to enter the field of digital transformation will find this video helpful. Plus, the examples are well stated to further understand the whole concept of digital transformation.
Very nice and logically correct explanation β¦ so simple so beautiful