Harnessing the digital transformation of the Covid era
Last week we talked about the potential risks of a digital transformation initiative; in this last episode of our journey we would like to deploy the concepts we talked about so far to the current reality.
As we all know, the pandemic has pushed society to a point where embracing technology is no longer an option but a necessity. With the right steps, businesses and governments can take advantage of this crisis to build a better future.
Therefore, how to harness the digital transformation of the Covid era?
Even before the pandemic, technological progress showed trending impacts:
1. Disrupted production processes through digital platforms
2. Lowered prices for basic skills in the labor market, but created a premium for skills that cannot be replaced by robots
3. Shortened terms of work, and made it available via online platforms, making it accessible and flexible
The pandemic is enhancing these trends even more, and governments and businesses have a series of policies to resort to in order to be prepared:
1. Increasing investments in human capital and learning
2. Strengthening social protection
3. Ensuring affordable internet access.
Main Methodologies for Strategy Execution
Two weeks ago we went over 5 simple rules to translate...
5 Simple Rules for Strategy Execution
Last week we looked at the main pitfalls in Strategy Execution. Let's...
Pitfalls in Strategy Execution
Last week we highlighted how Strategy Execution is the act of...
Making a Strategy Execution actionable
Last week we gave a definition of Strategy and introduced the meaning of executing a Strategy. While the definition we gave was fairly comprehensive, today we would like to highlight one particular aspect of Strategy Execution: alignment. In fact, implementing a Strategy, in other words...
An introduction to Strategy Execution
If you have followed our Digital Transformation journey, it’s now time...
How to mitigate the risks?
Last week we talked about the potential risks arising during a...
Digital Transformation: the main risks
In our last episode, we “zoomed-in” in the value of having...
Successful partnership: how?
Last week we provided you with all the reasons why having...
The importance of the right partner
Last week we left off with the three practical steps companies...
How to accelerate the process?
Last week we described three different degrees of impact of a...