What kind of digital transformation agenda should you do? Read on to know.
Digital Transformation Agenda
When it comes to digital transformation, an agenda means planning. Digital transformation agenda is a plan by which you can achieve the goals of digital transformation
There are various reasons why you need to develop an agenda for digital transformation.
- Firstly, it helps you to set goals and objectives for digital transformation.
- Secondly, it helps you to prepare an action plan by which you can achieve the goals.
- Thirdly, it helps you to prioritize the goals and understand their importance.
- Lastly, it helps you to know whether or not your current strategy will help to achieve the goals.
As you can see, it is crucial. But how do you make one?
How to Create a Digital Transformation Agenda?
You should prepare your agenda with the help of business leaders and line managers. This is because they can guide you about the current condition of their business and the industry.
Further, there are different types of digital transformation agendas. They are:
1. Vision statement
5. Projects plan
In preparing all these, it is crucial to understand the business model of your organization.
You should also understand the preferred technology of your organization. Let us take a closer look at those five below.
How to Prepare an Agenda for Digital Transformation?
1. Develop a vision statement
This is the main part of your agenda. It helps you to set the foundation. The vision statement includes the following information:
- What is your vision?
- What are your strengths?
- Which market do you want to capture?
- What are the weaknesses of your competitors?
- What kind of business environment do you want to create?
- How will you create this environment?
2. Prepare a strategy
A strategy helps you to set goals for digital transformation. You can develop a strategy with the help of a digital transformation roadmap. Sometimes, people also use the Digital Transformation Roadmap as a strategy for their agenda. If you want to make your roadmap, then you should follow these steps: Define current situation Define target situation Define current trends and events Define desired trends and events Define action plan
3. Prepare objectives
Objectives help you to achieve goals. Then, there are different types of objectives:
- Operational objectives
- Strategic objectives
- Tactical objectives
4. Prepare a roadmap
The roadmap helps you to plan different projects that help achieve the objectives and goals of the agenda. You can develop an agenda with the help of various models like the value chain model, business function model, and more. These models will help you to identify various processes that can be improved digitally, and prepare action plans based on them.
5. Prepare projects plan
This part helps you to know how much time and money each project will take, and how beneficial they will be in achieving the objectives and goals of the digital transformation agenda. This part also helps you to identify risks involved in each project, so that management can make the right decisions based on it.