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   How can a business implement a digital strategy through digitalization?

   • A good example of a business implementing a digital strategy through digitalization is where Adobe transitioned from its physical design software to its Creative Cloud online cloud service. This involved both review of its business model and improving process efficiency, for example through updates to billing and software updates.

   What is a Digital strategy and how should it be structured?

   www.smartinsights.com/manage-digital-transformation/digital-transformation-strategy/what-is-a-digital-strategy-and-how-should-it-be-structured/

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   What is digitalization & how does it affect your business?

   • Digitalization is the use of digital technologies to change business processes and projects—such as skilling employees to use new software platforms designed to help launch products faster. While digital transformation might include digitalization efforts, it goes beyond the project level and affects the entire organization.

   What is Digital Transformation & Why is it Important? | Accenture

   www.accenture.com/us-en/insights/digital-transformation-index

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   What is digital strategy?

   • A digital strategy defines an organization’s priority initiatives for future investment in digital technology to make a business more competitive by digitalization of its processes and review of its business model. It has a broad scope, covering how digital technology can support business goals across the business.

   What is a Digital strategy and how should it be structured?

   www.smartinsights.com/manage-digital-transformation/digital-transformation-strategy/what-is-a-digital-strategy-and-how-should-it-be-structured/

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   What are the outcomes of digitalization?

   • Outcomes from digitalization fall into two broad categories: Optimization and transformation do not present a binary choice. The most successful digital ambitions and their resulting digital strategies include an optimum mix of both types of initiatives across functions and business units.

   Digital Transformation - Strategic Guide to IT Transformation - Gartner

   www.gartner.com/en/information-technology/topics/digital-transformation

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2. www.smartinsights.com › manage-digitalWhat is a Digital strategy and how should it be structured?

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   Feb 8, 2023 · A digital strategy defines an organization’s priority initiatives for future investment in digital technology to make a business more competitive by digitalization of its processes and review of its business model.

3. www.mckinsey.com › capabilities › mckinsey-digitalHow to build an agile digital strategy that wins | McKinsey

   www.mckinsey.com › capabilities › mckinsey-digital

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   Jan 23, 2019 · In this survey, we explored which specific practices organizations must have in place to shape a winning strategy for digital—in essence, what the operating model looks like for a successful digital strategy of reinvention.

4. Videos

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     Digital Strategy Framework: An Insider's Guide to Digital Transformation Success

     15 May 2023

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     A digital-strategy framework

     16 Mar 2016

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     Digital Transformation Explained

     8 Nov 2020

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5. www.mckinsey.com › capabilities › people-andThe keys to a successful digital transformation | McKinsey

   www.mckinsey.com › capabilities › people-and

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   Oct 29, 2018 · The 21 keys to transformation success are the practices with the highest Shapley values. the following are those that best explain the success of an organization’s digital transformation: Implement digital tools to make information more accessible across the organization.

6. www.mckinsey.com › featured-insights › themesHow top-performing companies approach digital transformation

   www.mckinsey.com › featured-insights › themes

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   Mar 23, 2024 · Their focus is never just tech—it’s also strategy, talent, operating model, data, and scale and adoption. Check out these insights to understand how your organization can rewire to capture value—or risk joining the pool of increasingly distant laggards .

7. www.accenture.com › us-en › insightsWhat is Digital Transformation & Why is it Important? - Accenture

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   Accenture outlines what is digital transformation, why is it important & how to enable the right digital transformation strategy for your organization. Learn more. Digital transformation is the process by which companies embed technologies across their business to drive fundamental change.

   • The five main ways to address digital transformation are: reimagine your growth strategy powered by technology, realign your organization to put te...
   • Think of two, similar consumer product companies. One has undergone a digital transformation, the other hasn’t. The traditional company simply prod...
   • Funding digital transformation is a complex process that is best approached one step at a time. In the short term, start with an end-to-end view of...

8. www.bcg.com › digital-strategy-roadmapDigital Strategy Roadmap and Planning for Transformation | BCG

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   Recently recognized by Forrester Research as a leader in digital transformation services, BCG brings strong digital business strategy capabilities and helps you improve your strategic planning to better understand how to layer new technology into business strategy and operations.

9. www.gartner.com › topics › digital-transformationDigital Transformation - Strategic Guide to IT ... - Gartner

   www.gartner.com › topics › digital-transformation

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   Five key phases of transformation: Ambition, design, deliver, scale and refine. Also scroll down for instant insights on targeting digital transformation vs. digital optimization, digital strategy and business models. How to plan and execute digital transformation.