The 3 pillars of digital transformation. 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. The significant advantages of digitization, with respect to customer experience, revenue, and cost, have become increasingly compelling. View the video modules below to get an introduction to your instructor, Rob Llewellyn and experience the topics and lessons within the course. Master risk management. Module 2 - Holistic: Learn how transformation requires a fundamental shift in multiple components of an organization. Digital transformation has become a major focus and challenge for organisations all over the globe. This can change over time, but a clearly defined digital ambition … can bring about the most rewarding business transformation when used strategically, only through the innovative convergence of digital technologies can companies truly transform through new business models and ways of working. Module 6 - Enterprise: Learn how transformation must encourage, embrace and educate people from across the enterprise and build a collaborative culture of new capabilities and mindsets. It includes stakeholder management, benefit realisation, dependency management, transition management/change acceptance and integration with corporate strategies. The innovative Digital Transformation MBA at GBS is the only MBA program in Germany with a dedicated, industry-wide focus on digital transformation. It is described in this 348 page reference book which refers to countless external resources. 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. 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. AMPS: The newest digital technologies Digital leaders are companies that manage to harness the power of digital information and technologies to improve business performance. Opportunities to upgrade workforce capabilities need to be identified and people made to feel safe and comfortable about innovation, success and failure. 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. The failed BBC Digital Transformation is one example, and thousands of others are swept under the carpets of companies who thrive on operational excellence, but discover to their cost that, transformation excellence requires a very different set of capabilities. In the context of business transformation, Meta Management provides the overarching frame for a business transformation and provides the linkages amongst the disciplines and also the management structure, which will allow the transformation process to be effective. In the master specialisation “Digital Transformation Management” you will deal with theoretical, strategic and technological aspects of digital change in companies. 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. Rob is host of the 'Leading Digital Transformation' podcast and has published hundreds of articles on the topic of transformation. IT service management (ITSM) provides a structured process, approach and common language along with the governance needed to undergo transformation and maintain it effectively, often in auditable environments. In too many cases, business leaders fill this knowledge gap with highly-paid consultants who deliver the hype of digital transformation instead of measurable business value. Digital transformation is a very broad topic, and it … If digital business transformation efforts are to be successful, all of the above nine transformation management disciplines need to be adequately addressed, and it is worth noting that technology is just one of nine disciplines in the list. Orchestrating Digital Business Success. 22. These transformations help organizations compete more effectively, become more efficient, or make a wholesale strategic pivot. 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. 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. Also learn how to encourage appropriate leadership mindsets, workforce culture and capabilities required to transform strategy into reality. Digital transformation is a buzzword – and one, that we ourselves use to define our entire identity with. You innovate, digitize and transform. This post serves as an introduction to an intensely documented approach to holistic business transformation management, which addresses the transformation journey from strategy through to business benefit realisation and everything in between. 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. There are four phases in the of BTM² transformation lifecycle, which are: BTM² consists of nine transformation management disciplines which are: The illustration above shows a very high level of BTM². 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 … 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. 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). In our 2016 survey, the rate of success was 20 percent; in 2014, 26 percent; a… Before embarking on any transformation led by technology, it is important for everyone — from the CEO to middle management — to know the answer to this question. Seasoned project managers ready to build upon their core expertise should take this course. Master of Management in the field of Digital Business. This BTM2 online course is an affordable and convenient way to upgrade your own capabilities, to better manage and lead transformation. Business transformation can aid cyber resilience and help organisations through uncertain times. 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. Programme management aims to support the implementation of the transformation strategy in order to achieve the business benefits described in the business case. Programme management focuses on high-level specification and the “why and what” of transformation. The Business Transformation Management Methodology (BTM²) is a four-phase holistic and integrated business transformation management methodology developed. 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. Impartial and internationally respected, Rob has enabled some of the worldâs best known firms generate commercial value from people, processes and technology, and helped turn managers and leaders into transformation masters. Digitization has become deeply embedded in banking strategy, as nearly all businesses and activities have been slated for digital transformations. Consulting Services. Most organizations are doing digital projects, but this does not mean they are a digital business. Business transformation is an umbrella term for making fundamental changes in how a business or organization runs. This is a reality in many companies, because they lack the right transformation tools and transformation management capabilities. “70% of siloed digital transformation initiatives will ultimately fail due to insufficient collaboration, integration, sourcing or project management.” IT Transformation Management evaluates the impact of current IT processes, competencies and systems on business transformation, and vice versa. 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. Value Management relies heavily upon the engagement of stakeholders in the preparation of the business case and benefits plan to create the knowledge and commitment required to realise the benefits described in the business case. You have access to the course and exam for 12 months. 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. Years of research on transformations has shown that the success rate for these efforts is consistently low: less than 30 percent succeed. ... We also empower the business with agile digital at scale to deliver unprecedented levels of performance. When we add business transformation and digital transformation into the equation, there are even far more pieces to be mapped, enhanced and connected and more ‘holistic’ bridges to be built, including on the business … The MSc in Digital Transformation Management & Leadership is an ideal platform for those interested in working in digital transformation and technology projects and settings, in both corporate and startup scenarios, including financial services, consulting, FMCG, manufacturing, marketing and other professional services affected by digital 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. 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. Incubating Emerging Offerings. Reality is, that Digital transformation is an illusion - unless it’s backed by a genuine Business transformation, rethinking the entire company, turning its ideas, … Everything about digital transformation and disruptive business models seems to go against the traditional IT concepts of risk containment and controls. Organisational Change Management (OCM) addresses the human element It is an increasingly critical role that requires various skills including problem-solving, critical thinking and logic. Manage the complexity and broad scope of digital transformation with the Digital Transformation Management Software, powered by the Corporater Business Management Platform. Digital transformation offers organizations the potential to compete, stay relevant and reduce the cost of delivering services to customers and running business processes. Business Process Management. To succeed, organizations must be adept at accessing, preparing, cleaning, managing and governing data. It addresses individual disciplines which include guidelines, leadership, culture, values, and communication. Any digital transformation includes the following core ingredients: Strategy — aligning vision, customer experience, processes and technology. You will learn the characteristics of digital organisations, develop strategies for digital business models and learn how to … Digitalisation is fast becoming the driving force in business. Risk management provides fundamental guidance to the planning, development and effective execution of a business transformation. Research has shown that this common error is the basis for countless failed and struggling transformation programmes throughout the world. A digital transformation manager leads an organisation’s constant adaptation of new technologies, their implementation within the business and the overall digital processes. THRIVE equips you to facilitate a Holistic approach to transformation, and avoid the blinkered and siloed approaches that many take. 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. Platforms. The program was initiated by GBS together with the House of IT and teaches fundamental and in-depth management skills against the backdrop of digital transformation. Seasoned project managers already know the importance of a sense of urgency, planning, accountability and other prerequisites for successful project management. Our always-on learning agenda drives their continuous improvement. Module 4 - Innovation: Learn that while Cloud, Mobile, the Internet of Things and Robotics, etc. Doing business in a digital world means coping with the torrent of structured and unstructured data pouring in from seemingly infinite sources. 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. How does Digital Transformation support Business Continuity post Coronavirus Pandemic? Wider adoption of low-code, MLOps, multi-cloud management and data streaming will speed companies along on their digital transformation journeys. How to Become a Certified Digital Leader How to become an effective digital leader is something that many in senior positions are asking themselves. 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 … The process involves creating new digital products or adapting existing ones … While he addresses executive audiences at conference halls throughout the world, Robâs digital footprint and strategic partnerships have enabled him to contribute to the careers of thousands of transformation professionals in over 60 countries. Data fuels the technologies that enable digital transformation. EdgeVerve; ... Powering Radial’s digital transformation journey. By answering these questions, they set the strategic direction, the execution of which will require significant changes across many aspects of the business. 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