Business Advisory Services

Defining and realizing your Digital Transformation Roadmap

 

Your digital transformation roadmap must be aligned with changing business environment and the needs of your customers, business partners, employees and shareholders. For a successful digital transformation, business processes need to be transformed using the right technology platforms and end users need to adopt the transformed processes. However, research by industry analysts suggests that this investment doesn’t typically provide the returns expected.

At IOTEK, we leverage our Running Start and Runway methodologies to help our clients define the right roadmap, accelerate value realization as well as de-risk and accelerate the realization of your digital transformation objectives. The key tenets of our approach are

  • Aligning your transformation roadmap with the business strategy
  • Involvement of senior executives at the right time to gain alignment and sponsorshipTransform your business processes and new capabilities using the right technology platforms
  • Accelerate business value realization from your transformation initiatives
  • Integrate user experience, Organizational Change Management and Learning with program execution to drive better user adoption
  • Leverage IOTEK solutions to address gaps in technology platforms as well as use our tools and accelerators to improve program execution

Value Assurance Framework – Key enabler of the IOTEK Approach to Digital Transformation

 

One of the main enablers of our approach is Value Assurance Framework which helps our clients realize expected business value from their transformation initiatives.

Value Assurance Framework (VAF) is split into three different phases, namely Discover, Design and Monitor and each phase will enable you to derive the best value from the project. Organizations need to ensure they go through with each of these phases. This helps them stay agile, scale the program, adjust to any disruptions, and change course to maximize value when needed.

  • Discovery Phase – The objective of this phase is to tap into areas that will result in values. This exercise reveals the regions that will create value for the business unit. Here you would need to focus on objectives, business case, key value drivers, and what needs to go or be replaced to bring about concrete transformative value.
  • Design Phase – The design phase ensures your solutions are tied to the key value drivers – they revolve around the benefits you hope to extract from the investment. In this phase, you’d ensure that the solution is value focused and take measures to embed the value within the business strategy.
  • Monitor phase – Once the digital initiative is deployed you need to start finding ways to measure the realization of value from it. Monitor the initiative to see if it bears fruits in accordance with your expectations. To pull this off, organizations need to start capturing, measuring, and reporting the bare minimum and maximum values they get from the project.

Customer Impact Stories

CASE STUDY

SAP S/4HANA powered modern digital platform for a major retailer

CASE STUDY

AFS to S/4 Fashion migration for a leading Fashion brand to drive operational efficiency

CASE STUDY

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