The 5 success factors for your digital transformation strategy

The tremendous emergence of new digital technologies is creating new opportunities to improve the processes of your organisations. However, there are a number of factors that determine the success of your organisation's digital transformation strategy.

The tremendous emergence of new digital technologies is creating new opportunities to improve the processes of your organisations. With the aim, for example, of meeting your customers' needs even better. However, there are a number of factors that determine the success of your organisation's digital transformation strategy. In this blog, we share the 5 most important success factors.

Success factor 1: Roadmap

Many organisations make a comprehensive plan to adopt new digital technologies. However, making long-term plans does not contribute to digital transformation success. Your digital transformation strategy should therefore be a tactical roadmap, so that you can respond quickly to new developments.

Success factor 2: The people

A second success factor lies in the people who adopt the digital transformation. The biggest challenge lies in increasing the involvement of your people. You can do this by at least providing new equipment. Research has shown that new equipment makes employees three times less likely to switch employers. Another important condition is support at management level and, if possible, commitment from the Works Council.

Success Factor 3: Technology

You must also ensure that your people are equipped with the latest technologies. However, this often requires investments for which there is not always a budget. In certain branches, where there is a lot of competition, an adoption strategy for new technology is necessary for survival. A good example is the retail sector. There, the application of the latest technology, for example through IoT solutions, is often essential.

Success factor 4: Processes

The fourth success factor lies in the processes you put in place. Your people have adopted the latest technology, but if they do not know what to do in exceptional situations (such as a data leak), cyber criminals still have free rein. So having an asset management system in place is just as important as training your staff in data security.

Success factor 5: Flexible company culture

Finally, it is important that you have a flexible corporate culture that drives innovation. This is the way to stay ahead of the competition with your digital transformation strategy by making changes that customers need. For example, it is important to have smaller multidisciplinary teams with more independence. In addition, knowledge sharing within the organisation should be central by having teams collaborate with each other.

How does Eurofiber Cloud Infra help you with your digital transformation strategy?

Eurofiber Cloud Infra makes digital transformation possible by storing data securely in the cloud. We also ensure good connectivity, which is essential for the continuity of your business operations.