Investigate the advantages and challenges associates with Digital Transformation. The best way to find information on...

Investigate the advantages and challenges associates with Digital Transformation. The best way to find information on this can be online through reputable articles within the past 2 years. List at least 3 advantages and 3 challenges with descriptions of each.
For each challenge you listed in question 1, provide a resolution that would potentially help an organization overcome those challenges. Be specific and justify answers.

Expert Solution

Answer:

Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers.

Advantages of digital Transformation:

1.Reduced cost: Optimising business technology and operations around digital technology means cost-per-transaction savings and increased sales.

2.Improved customer strategy: New technologies create capabilities that can help a company acquire, retain, and assist customers while simultaneously reducing marketing spend.

3.Consolidated operations: The introduction of cost-effective, customer-focused digital tasks streamlines business workflows and eliminates overhead associated with outdated solutions.

Challenges:

1.Employee pushback: By our very nature, humans like routines they make us feel comfortable. It is called the comfort zone for a reason. Things can easily start to seem grim when our routines are changed and uncertainty enters our lives. Experiencing a digital transformation is the epitome of discomfort so it may make employees feel threatened.

2.Lack of expertise to lead digitization Initiatives:It takes a combination of talent and technology to go through your digital transformation.

3.Organization structure:The digital transformation is a substantial initiative and may require changes in more than your employees’ daily routines.This may mean changing roles, changing departments or an overhaul of your organizational structure.

Overcome of these challenges:

Handling Employee Pushback During Digital Transformation
Finding the Expertise to Lead Digitization Initiatives
Don’t Let Organizational Structure Dictate Your Digital Future

venereology answered 1 year ago

IS the GDP the best way to evaluate the prosperity of a country? What advantages and...

IS the GDP the best way to evaluate the prosperity of a country? What advantages and disadvantages are there when using numbers only?

How are importants and the best way to overcome challenges that arise within a coalition/alliances is...

How are importants and the best way to overcome challenges that arise within a coalition/alliances is to establish rules on how decisions are made?

What makes something a “history”? 2.What is the best way to investigate history? 3.To what extent...

What makes something a “history”? 2.What is the best way to investigate history? 3.To what extent is history-telling subjective? 4.Is history moving in a particular direction?

what's the best way to find the p value from the test statistic?

If a message contains both positive and negative information, what is the best way to present...

If a message contains both positive and negative information, what is the best way to present the negative information (see Chapters 7 & 8)?

Digital dashboards offer an effective and efficient way to view enterprisewide information at near real-time. According...

Digital dashboards offer an effective and efficient way to view enterprisewide information at near real-time. According to Nucleus Research, there is a direct correlation between use of digital dashboards and a company’s return on investment (ROI), hence all executives should be using or pushing the development of digital dashboards to monitor and analyze organizational operations. Develop a digital dashboard for the CEO of a transportation company. Be sure to discuss and address all of the following with your other classmates....

The BEST way to ensure information security efforts and initiatives continue to support corporate strategy is...

The BEST way to ensure information security efforts and initiatives continue to support corporate strategy is by: A. including the CIO in the information security steering committee B. conducting benchmarking with industry best practices C. including information security metrics in the organizational metrics D. performing periodic internal audits of the information security program Correct Answer: C????? or D?????????????? ______________________ Note ■ Some experts claim that the correct answer is: "C. including information security metrics in the organizational metrics" ■ Other...

Health information researchers learned from the food industry (specifically cereal) on the best way to relate...

Health information researchers learned from the food industry (specifically cereal) on the best way to relate drug information in an understandable form. Another Example: “Spillover” is a book by David Quammen or “Zoobiquity” by Barbara Natterson-Horowitz. These titles reveal the need for Veterinarians to partner with Physicians as many diseases are Zoonotic. Discuss other fields/disciplines that have potential to contribute innovations to healthcare and what they would look like. Be creative.

Patient Education Find a reputable and appropriate source (digital or print) that provides basic nutrition information...

Patient Education Find a reputable and appropriate source (digital or print) that provides basic nutrition information and/or suggested dietary guidelines for patient education. Identify the source, content outline, and why you would recommend this source to patients.

From the information below I need to find the best predicted probability of having a new...

From the information below I need to find the best predicted probability of having a new client give the highest level of satisfaction. The first item you want to highlight is your customer satisfaction record. Over the past 18 months of employment you have worked with 24 clients, and according to the customer satisfaction surveys all clients are asked to take after their contract is completed, 22 of them rated you with the highest level of satisfaction. Use this information...

Question