It deals with the people who have to change their ways of working and involves setting up a foundation for effective OCM with respect to governance and assessing organisational change readiness. The process involves creating new digital products or adapting existing ones … By answering these questions, they set the strategic direction, the execution of which will require significant changes across many aspects of the business. “70% of siloed digital transformation initiatives will ultimately fail due to insufficient collaboration, integration, sourcing or project management.” So manufacturers can confidently define a path towards enhanced optimization and flexibility in the world of production and manufacturing. In the master specialisation “Digital Transformation Management” you will deal with theoretical, strategic and technological aspects of digital change in companies. Wider adoption of low-code, MLOps, multi-cloud management and data streaming will speed companies along on their digital transformation journeys. This white paper discusses lean digital manufacturing and guides the readers to understand the best practices and steps to start their digital transformation journey. It is a generic framework, which can be applied to different business transformation use cases, and is not specific to one business function, technology or industry. Research has shown that this common error is the basis for countless failed and struggling transformation programmes throughout the world. Project management focuses on detailed specification and the “how” of implementation, along with control of activities to produce products. This Master’s degree programme is designed to equip students with the knowledge and skills required to guide their organisations through the complexities of digital transformation. Because despite increasing talk and attention around the. This highlights the fact that transformation is less about technology and more about people and business. Digitization has become deeply embedded in banking strategy, as nearly all businesses and activities have been slated for digital transformations. From strategy through execution and value realization, you will gain a broad knowledge of transformation that no digital economy executive can afford to ignore. Organizations must first determine the right mix between digital optimization and transformation. The identification of end-to-end business processes and the assignment of responsible process owners is a major task. This will immediately add credibility and weight to your CV/Resume, LinkedIn profile, job interviews, internal promotions, and separate you from the crowd. This is not to mention the fact that the people and business areas that will inherit the new world, are ill prepared. 22. And the Wikipedia definition, while vague, touches on how the effe… The next level down is shown in the chart below and a detailed body of knowledge resides within each of the many components. AMPS: The newest digital technologies Digital leaders are companies that manage to harness the power of digital information and technologies to improve business performance. Rob is host of the 'Leading Digital Transformation' podcast and has published hundreds of articles on the topic of transformation. You have access to the course and exam for 12 months. Strategy Development involves the selection of appropriate team members, collection of data, analysis of transformation needs and readiness, design of a business vision, and a business model and the definition of an integrated transformation plan. Digital transformation is a buzzword – and one, that we ourselves use to define our entire identity with. It addresses individual disciplines which include guidelines, leadership, culture, values, and communication. Seasoned project managers ready to build upon their core expertise should take this course. 6. From strategy through execution and value realization, you will gain a broad knowledge of transformation that no digital economy executive can afford to ignore. Module 3 - Response: Learn how to help organizations respond strategically to the opportunities and threats they are presented with - both inside their organization, and externally in the market. A definition from The Agile Elephant emphasizes all the ways businesses may need to adjust their existing practices: [Digital transformation] involves a change in leadership, different thinking, the encouragement of innovation and new business models, incorporating digitisation of assets and an increased use of technology to improve the experience of your organisations employees, customers, suppliers, partners and stakeholders. This can change over time, but a clearly defined digital ambition … Opportunities to upgrade workforce capabilities need to be identified and people made to feel safe and comfortable about innovation, success and failure. Digital Transformation Course One digital transformation course and certification programme that has soared in popularity since 2017 is CXO Transform’s online course based on, Digital Transformation Certification By Rob Llewellyn Twitter Linkedin Digital transformation certification is now separating amateurs from professionals in a discipline that has swept through, THRIVE Digital Business Transformation By Rob Llewellyn THRIVE is a practical digital business transformation framework, which provides leaders with a body of knowledge and, What We Need In Our Programme Manager By Rob Llewellyn Programme management involves the coordinated organisation, direction and implementation of a dossier of, Meta Management (Leadership, Culture, Values, Communication), Strategy Management (Transformation Direction), Value Management (Transformation Direction), Risk Management (Transformation Direction), Project and Programme Management (Transformation Enablement), Business Process Management (Transformation Enablement), IT Transformation Management (Transformation Enablement), Organisational Change Management (Transformation Enablement), Competence and Training Management (Transformation Enablement), BTM² is based on extensive academic research and commercial knowledge, BTM² helps its adopters build credibility among their business peers, BTM² is an objective, unbiased framework to identify and solve business challenges, BTM² is a ideal tool for regular and quick assessments of business transformation, BTM² addresses both the rational and irrational aspects of business transformation, BTM² distinguishes managers/leaders who use a proven approach to transformation, BTM² is not focused on any particular technology or company, BTM² is open for any organisation to use without having to engage a partner, BTM² provides guidance, support and structure for transformation programmes. In over 100 bite-size lessons, you will learn how to orchestrate digital business transformation at companies with workforces that range from several hundred to several hundred thousand. Business Process Management. Any digital transformation includes the following core ingredients: Strategy — aligning vision, customer experience, processes and technology. Orchestrating Digital Business Success. Competence and Training Management identifies and analyses training needs and objectives, develops training measures for the identified gaps, foster the learning transfer and analyses the success of the measures. Manage the complexity and broad scope of digital transformation with the Digital Transformation Management Software, powered by the Corporater Business Management Platform. BTM² is a leading holistic and integrated business transformation methodology which is based on academic and business research and has been used and validated in multiple business cases. Impartial and internationally respected, Rob has enabled some of the world’s best known firms generate commercial value from people, processes and technology, and helped turn managers and leaders into transformation masters. Competence and Training Management provides qualification and enablement with respect to the competences required for business transformation, and the strategic core competences vital for the company's future success. Governance, mindsets, business models, innovation, digital use cases, etc. Providing you answer at least 80% of questions correctly in the 60 minute online multiple choice exam, you will be awarded the Foundation Level Digital Business Transformation Management Certificate. The risk function, which ha… Organisational Change Management (OCM) addresses the human element The significant advantages of digitization, with respect to customer experience, revenue, and cost, have become increasingly compelling. In the context of business transformation, Strategy Management primarily addresses the Envision phase of the transformation life-cycle, during which a strategy is developed. Digital transformation has become a major focus and challenge for organisations all over the globe. The first step in understanding which areas will be impacted and what the effects of digital transformation on your business will be, is to understand on what basis this changes the way you run the business and … Platforms. It is important to understand that process management does not equal process modelling, but rather the relationship between IT, Business and People related tasks. Digital transformation offers organizations the potential to compete, stay relevant and reduce the cost of delivering services to customers and running business processes. It is described in this 348 page reference book which refers to countless external resources. This includes personnel, processes, and technology. The momentum to adopt the new technologies and operating models needed to capture these benefits continues to build. Module 2 - Holistic: Learn how transformation requires a fundamental shift in multiple components of an organization. Business transformation is an umbrella term for making fundamental changes in how a business or organization runs. Organisations need to ensure that their digital business transformation leaders do not fall into the pitfall of placing an unbalanced emphasis on technology, process and some project management, while paying lip-service or light touches to the other transformation management disciplines. In over 100 bite-size lessons, you will learn how to orchestrate digital business transformation at companies with workforces that range from several hundred to several hundred thousand. This is a reality in many companies, because they lack the right transformation tools and transformation management capabilities. – Be able to suggest new business solutions enabled by advanced digital technologies, and recommend approaches to infrastructure and data governance to support digital transformation. It is vital that business transformation managers to manage the risks that relate to the process of transforming their organisation towards a desired future state and those risks that relate more to the possibility that this desired state becomes either obsolete or sub-optimal. What is digital transformation in business? The MSc in Digital Transformation Management & Leadership is specifically designed to help participants prepare for key roles in the management of business innovation, allowing them to meet the increasingly important yet complex business challenges related to digital transformation … In the context of business transformation, Value Management involves defining the business benefits and changes needed to realise them, evaluating the feasibility of making the changes successfully, and producing an evidence-based, rigorous business case and supporting benefits realisation plan. You will learn the characteristics of digital organisations, develop strategies for digital business models and learn how to … Incubating Emerging Offerings. Budgets and timelines are frequently exceeded and stakeholders get tired of the noise excreted from the project, programme or portfolio due to inadequate transformation orchestration. Our always-on learning agenda drives their continuous improvement. It includes stakeholder management, benefit realisation, dependency management, transition management/change acceptance and integration with corporate strategies. How to Become a Certified Digital Leader How to become an effective digital leader is something that many in senior positions are asking themselves. Also learn how to encourage appropriate leadership mindsets, workforce culture and capabilities required to transform strategy into reality. Yes, by completing this course you can submit three (3) Leadership PDUs, two (2) Technical PDUs, and three (3) Strategic/Business PDUs by self-reporting in PMI's Continuing Certification Requirements System (CCRS). BTM² was the world's first holistic business transformation management methodology that provides a framework with clear phases, deliverables and corresponding methods. If you are ready to start helping senior executives steer their organizations into the digital economy, this course is for you. Data management. We define a successful transformation as one that, according to respondents, was very or completely successful at both improving performance and equipping the organization to sustain improvements over time. It is often said that strategy is three times more difficult to deploy than develop, which explains why so many strategies result in a painful execution journey for everyone involved. The colourful benefits on display in the business case begin to fade as it becomes clear that the planned return on investment is diminishing as more time and resources are sucked into the initiative. The Business Transformation Management Methodology (BTM²) is the world's first holistic and integrated approach to transformation, which is also integrated with the Digital Capability Framework introduced above. Most organizations are doing digital projects, but this does not mean they are a digital business. How does Digital Transformation support Business Continuity post Coronavirus Pandemic? Master risk management. While change simply creates a better version of the past. The course starts as soon as you enroll and start learning. Programme management focuses on high-level specification and the “why and what” of transformation. Module 8 - Exam: Prepare yourself using the revision tests in the seven previous modules to pass the final multiple choice online exam and become certified. His place in the transformation space resulted in the launch of CXO Transform - a platform dedicated to helping seasoned professionals get better equipped to manage and lead transformation. Module 5 - Value: Understand that transformation happens to create value, and so value needs to be measured, which means transformation leaders need to ensure they are gathering the right data to measure both the tangible and intangible value of digital business transformation, and reporting it to executives. To thrive amid digital disruption, a company’s executives must answer fundamental questions about the value they want to create – and their strategic options for getting there. It is an increasingly critical role that requires various skills including problem-solving, critical thinking and logic. So this article can serve only as a short introduction to the mission critical subject that many organisations still struggle to get right. To make the transformation effort a continuous success, business processes have to be considered from a strategic perspective. A Framework for Digital Transformation Digital transformation frameworks are what separate successful transformation efforts from the unsuccessful. Digitalisation is fast becoming the driving force in business. The innovative Digital Transformation MBA at GBS is the only MBA program in Germany with a dedicated, industry-wide focus on digital transformation. 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