Roadmap & Monitor
Digital Shift is not a big bang - it is a journey built on an iterative approach & specific success factors to achieve sustainable growth in the digital era
Successful strategic transformation requires well-defined long-term ambitions, as well as a concrete roadmap with short-term measures. The roadmap-development process comprises six fundamental steps that build on each other and address the questions of what, why and how.
8 key success factors need to be addressed as part of the digital transformation roadmap development process.
To measure the success and monitor the progress of any digital initiative, individual KPIs need to be developed - yet this presents a number of challenges that need to be overcome.
Unclear level of digitalization maturity of a company or function
Difficult selection of appropriate digitalization initiatives
Hardly assessable tangible results due to digitalization
Rising IT and digitalization costs outreach benefits
Quantify the degree of digitalization
Track positive effects of digitalization and control measures
Objectively correlate digitalization and performance in a seamless manner
Detect and avoid ‘digitalization excess’