In his article titled “Expanding the Digital Enterprise: Trust,” Jagdish Belwal discusses the critical role of trust in the context of digital transformation. In this series written for Dataquest he discusses how enterprises can navigate the challenges of expanding their digital footprint while maintaining trust with stakeholders. Here's a summary of the key points: 1. Digital Enterprise and Expansion: - A digital enterprise aims to optimize processes, reduce costs, and improve efficiencies through automation and technology - Expansion involves extending the digital footprint from partners to customers and the broader ecosystem. 2. The Trust Challenge: - Trust becomes a significant challenge during this expansion. - Stakeholders (employees, partners, and customers) worry about the impact of digital transformation on their roles and data. 3. Digital Disintermediation: - Digital-first players often disintermediate traditional channels, concentrating power in the hands of platforms. For instance, ride-sharing services like Uber and Ola replacing travel agencies and property platforms like NoBroker.com bypassing property brokers 4. Threat of Internal Disintermediation: - Enterprises expanding their digital footprint must communicate their intent clearly to channel partners. Failure to do so may raise concerns among partners. - Effective change management is crucial to prevent unintended consequences. In summary, trust is essential for successful digital expansion, especially in a market shaped by digital disintermediation. Clear communication and managing change are key to building trust with stakeholders. You can read the full article by Jagdish Belwal here: https://lnkd.in/gnaXaXhH
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FlocknGo Co-founder | Startup Mentor | CEOs' Digital Coach | Transformation & Growth | Criticaleye Board Mentor | ClarITea Chat - Linkedin Live Host | Former CIO at GE & Tata Motors | Avid Golfer
Trust is the most neglected factor in our digital endeavours. Change Management is the other side of the coin of Trust. Not only reassuring stakeholders but also writing appropriate policies and modifying your contracts to buttress these discussions is as important. Well, I don’t want to repeat the entire article here again 😊😊 Thank you Team Vishleshan Software Solutions for reviving the articles I wrote long back and summarising these beautifully. #jcfirstprinciples
In his article titled “Expanding the Digital Enterprise: Trust,” Jagdish Belwal discusses the critical role of trust in the context of digital transformation. In this series written for Dataquest he discusses how enterprises can navigate the challenges of expanding their digital footprint while maintaining trust with stakeholders. Here's a summary of the key points: 1. Digital Enterprise and Expansion: - A digital enterprise aims to optimize processes, reduce costs, and improve efficiencies through automation and technology - Expansion involves extending the digital footprint from partners to customers and the broader ecosystem. 2. The Trust Challenge: - Trust becomes a significant challenge during this expansion. - Stakeholders (employees, partners, and customers) worry about the impact of digital transformation on their roles and data. 3. Digital Disintermediation: - Digital-first players often disintermediate traditional channels, concentrating power in the hands of platforms. For instance, ride-sharing services like Uber and Ola replacing travel agencies and property platforms like NoBroker.com bypassing property brokers 4. Threat of Internal Disintermediation: - Enterprises expanding their digital footprint must communicate their intent clearly to channel partners. Failure to do so may raise concerns among partners. - Effective change management is crucial to prevent unintended consequences. In summary, trust is essential for successful digital expansion, especially in a market shaped by digital disintermediation. Clear communication and managing change are key to building trust with stakeholders. You can read the full article by Jagdish Belwal here: https://lnkd.in/gnaXaXhH
Expanding the digital enterprise: Trust
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Make it simple, make it digital. Read: https://lnkd.in/gsdFkDYj #ManilaBookkeepers #doingbusinessinthephilippines #digitaltransformation
The Advantages of a Digital Transformation
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Talks about Sales | Account Management | Customer Success | Customer Experience | Client Solutions | Digital Transformation | Strategic Planning | Global Client Relations
Recently many organisations had to learn the hard way that their existing state of digitisation does not meet the “new normal” criteria. For example, they may have experienced service failures, slow loading times, and user experiences that simply did not work for them. Almost all of our everyday activities have now been shifted online. Digital services must evolve to keep up. This includes not only developing new digital services but also ensuring that the delivery and quality of those services can match the demands of the new normal. Digital transformation solutions can help businesses outline a structured approach for the adoption of digital technology and prepare a clear roadmap to achieve it. Today companies understand the importance of Digital Transformation and that is why they are availing consulting services to keep up with the requirements. #digitaltransformation #digitaltransformationadvantages #digitaltransformationcompany #digitaltransformationfuture #digitaltransformationservices #digitaltransformationsolution #webline
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Survey examining #technology agenda for UK enterprises highlights that business priorities over the next 12 months include increasing sales, reducing operating costs, and growth via new business areas or geographies
AI, automation, private networks top UK enterprise tech agenda | Computer Weekly
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Digital Strategist 🚀 | Board Member | Business Designer | Forbes Member | Innovator & Storyteller 📣 | Inspirational Speaker | Digital Business Models | Change Maker
This year enterprises are expected to invest $1.3 trillion (USD) in #digitaltransformation initiatives to apply #digital capabilities to improve efficiencies, increase customer value and create new monetization opportunities. Tragically, research tells us that 70% of these initiatives will not reach their stated goals. https://lnkd.in/dfunwBNy #businesstransformation
Council Post: Why Digital Transformations Fail: Closing The $900 Billion Hole In Enterprise Strategy
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Why Choice Of Tech Service Providers Becomes More Strategic With Operations Platforms Digital technologies brought the promise of an operational platform that enables companies to run their business differently and compete better in the marketplace. It is more automated, more self-service, more efficient, and more effective. And it is designed to continually evolve as business needs change. Looking at companies with mature operational platforms shows us what becomes essential to continually creating value through operational platforms. This essential understanding is explained in this blog. Read more: https://rb.gy/6fl2pk #ITOutsourcingServices #itservicemanagement #itsupportservices #itserviceprovider #OursGlobal
Why Choice Of Tech Service Providers Becomes More Strategic With Operations Platforms
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Having a system agnostic digital building advisor is increasingly important for enterprise businesses for several reasons: Flexibility and Scalability: A system agnostic approach ensures that the digital building advisor can work across various systems, platforms, and technologies. This flexibility allows businesses to integrate the advisor into their existing infrastructure without being locked into a specific vendor or technology stack. As businesses grow and their needs evolve, this scalability becomes crucial for adding new functionalities or integrating with new systems without significant rework. Cost Efficiency: Being tied to a specific system or vendor often leads to higher costs due to licensing fees, custom integrations, and limited negotiation power. A system agnostic digital advisor can help enterprises avoid these costs by allowing them to choose the most cost-effective solutions at any given time and switch vendors as needed to take advantage of better pricing or features. Innovation and Competitive Advantage: The ability to seamlessly integrate with a wide range of systems and technologies enables businesses to adopt the latest innovations more quickly. Whether it's leveraging new AI technologies, data analytics tools, or emerging platforms, being system agnostic ensures that enterprises are not left behind due to technical limitations. This agility can provide a significant competitive advantage in today’s fast-paced market. Risk Management: Dependency on a single system or vendor can pose significant risks, including service discontinuation, lack of updates, or security vulnerabilities. A system agnostic digital advisor mitigates these risks by enabling enterprises to transition services or integrate multiple solutions to ensure continuity and security. Data Integration and Insights: Enterprises often use diverse systems across different departments or functions. A system agnostic digital advisor can pull data from these varied sources to provide comprehensive insights and recommendations. This holistic view enables better decision-making and can uncover opportunities for optimization and innovation that might be missed in a siloed approach. Customization and Personalization: Every business has unique processes, requirements, and challenges. A system agnostic digital advisor can be customized and tailored to meet these specific needs without the constraints of a proprietary system. In summary, a system agnostic digital building advisor offers enterprises the flexibility, efficiency, and competitive edge necessary to thrive in the digital age. By avoiding vendor lock-in and embracing a more adaptable and integrated approach to technology, businesses can better meet their strategic goals and respond to market changes. #smartbuildings #msi #buildingautomation https://lnkd.in/g4FbfqGg
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In today's fast-paced digital landscape, streamlining communication and operational workflows is crucial for any organization. The UK's Central Digital Platform is revolutionizing how government services connect and function, significantly enhancing efficiency and transparency. Curious how this transformation is unfolding? Dive deep into the insights shared by RFPverse, a trusted source in the RFP Service Providers and Software industry. By integrating a singular digital interface, departments can eliminate redundant processes and foster real-time collaboration. This not only accelerates decision-making but also ensures that all stakeholders have access to targeted and updated information. Such advancements are essential for addressing today’s complex administrative challenges. At RFPverse, we believe in the power of advanced technology to transform public services. Explore our comprehensive analysis [here](https://lnkd.in/dA6BEV5d) to understand the broader impact of the Central Digital Platform initiative. As businesses look to replicate this model, it’s imperative to recognize the potential for private sectors. Aligning with such digital advancements ensures competitiveness and operational excellence. Learn more about how these changes can influence your organization on [RFPverse](https://www.rfpverse.com). #DigitalTransformation #Efficiency #Innovation #GovernmentTech #RFPverse
Central Digital Platform UK: Enhancing Connectivity and Efficiency
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You can’t be a leader in a modern organisation without the right level of understanding of digital and the impact of digital and tech on services. In the same way it would be unthinkable for a leader to say they don’t know how to manage people, understand customer service or read a financial spreadsheet. When we begin working with a client one of the first things we do is try and understand how their services are delivered end-to-end. And to do this we think it’s essential to get to know the landscape in which those services exist. Read more about our approach here: https://lnkd.in/e9wcsRck
Digital, it’s not just about technology but… - Perago
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Senior R&D Manager, Andersen | Global Technology Innovation | I lead a multidisciplinary project team of top tech talents
Digital transformation is the key to unlocking the potential of digital technologies in today's business landscape. To stay ahead of the curve, it's crucial to keep up with the latest developments and innovations in the industry. This article sheds light on some of the major digital transformation trends that will shape the future of the industry in 2024 and beyond. Learn how you can leverage these trends to improve your performance, satisfaction, and innovation. Check out the article here: https://lnkd.in/eRgAC3Bi #Digital #Transformation #BusinessInnovation
Implementing a Digital Transformation Strategy - DATAVERSITY
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FlocknGo Co-founder | Startup Mentor | CEOs' Digital Coach | Transformation & Growth | Criticaleye Board Mentor | ClarITea Chat - Linkedin Live Host | Former CIO at GE & Tata Motors | Avid Golfer
6moThank you Team Vishleshan for reviving this important series of articles.