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Rethink your business for digital age

Every business began before the Internet now faces the same challenge: How to transform to compete in a digital economy? Globally recognized digital expert David Rogers argues that digital transformation is not about updating your technology but about upgrading your strategic thinking. Based on Rogers’s decade of research and teaching at Columbia Business School, and his consulting for businesses around the world, The Digital Transformation Playbook shows how pre-digital-era companies can reinvigorate their game plans and capture the new opportunities of the digital world like Hokuapps . You can take a look about Hokuapps Review . Britannica understood that customers’ behaviors were changing dramatically with the adoption of new technologies. Rather than trying to defend its old business model, the company’s leaders sought to understand the needs of its core customers—home users and educational institutions, increasingly in the K–12 markets. Britannica experimented with various

Who should lead your digital transformation?

We agree with many of the things that are mentioned, but the question is: how do you find this digital leadership? They mostly seemed to assume that all CxO’s need to work together for this, but not every company is blessed with a digital savvy management team. Without someone really taking charge of something, we all know it usually doesn’t lead to many results, as everyone is very busy with their jobs. So to take charge of the digital transformation, we believe that you need someone new: a Chief Digital Officer who becomes a permanent part of the team. He or she doesn’t need to be a digital guru, but rather a digital general manager with all the skills to manage a lot of internal and external change. Later on in the post, we describe what this CDO should be like, but first, you might be wondering whether this role is even needed. What about your existing leadership? Explaining that makes this a long post, but picking the leader for your Digital Transform

Get your right Digital Transformation

Becoming a digital organization requires fundamentally changing how you do business. Answering these nine questions can help break through the inevitable barriers. Is there a more anxiety-inducing term in today’s corporate lexicon than “digital transformation”? Probably not, given the high stakes involved. New technologies and business models are upending entire sectors, threatening incumbents with an unprecedented wave of disruptive forces. Corporate leaders understand the need to raise their Digital Quotient,1 but many are struggling with how to do it and Hokuapps is helping them out. Digital experiments such as innovation labs and new digital products have yielded notable successes. But how do you transform your organization from an enterprise that engages in digital to a digital enterprise? This is no small challenge for companies with thousands of employees, assets worth billions, and established business models. Practices such as committed leadership, targeted communic

Want to get all info about digital transformation? Stop thinking about problems

Organizations looking to truly embrace digital transformation must stop focusing on their own internal problems and systems and concentrate on meeting their customers’ needs. Speaking at the joint CMO, CIO magazines and ADMA Executive Connections event, entitled ‘Mastering Digital Transformation’, former Lonely Planet executive director and innovation consultant, Gus Balbontin, shared the challenges of digital disruption at the travel publishing business and the customer, operational and strategic lessons that must be learnt to cope in a digital age. Once heralded as the first point of call for any traveler to plan their journey, Lonely Planet struggled to maintain its competitive edge and profit margins as digital disruption triggered a major shift in the media industry. At the same time, the need for change was compounded by socio, political and economic forces, he said. “Taking a look at our website in 2002, we had been going at it for six years and were clearly ahead compare

Check out Which are the most important factors to look at when undertaking a digital transformation?

Experts tackle the obstacles and essentials companies must keep in mind with regard to digital transformation to Enterprise Management 360 Gone are the days, when companies used to decide strategy and then execute it for the next five years as planned. Today the company’s life on the S&P 500 is just 15 years and it is further going down. Digital businesses like Uber, Airbnb did not exist before 2008 but now they are multi-billion-dollar poster children for digital disruption. Many organizations today have realized that digital transformation is essential for their survival & success. But many of them forget that the focus of a digital transformation is not digitization or even technology, it is “THE CUSTOMER”. Here are various aspects every business needs to consider when undertaking a digital transformation as like Hokuapps check this Hokuapps Review : Set a clear vision: Oftentimes, companies that are successful have painted a clear picture of what they want or n

Healthcare Is Going Through Its Own Digital Transformation

Healthcare is entering a second wave of digitisation, which moves beyond electronic medical records (EMRs) with technology that touches every step of the patient journey. Nicole Hill, leader of the healthcare division at global networking and communications provider, ALE explains why now is the time to capitalise on these by creating a strategy for the digital transformation of healthcare providers. How Hokuapps is helpful for adapting Digital transformation Check this out The worldwide healthcare systems has been witnessing paradigmatic shift from acute and reactive care to patient-centric care that characterizes increased patient engagement. The various functional aspects under connected healthcare are telemedicine, home monitoring, assisted living, eHealth services, and mHealth. The growing adoption of connected healthcare technologies by patients and their caregivers across the globe are aimed at significantly improving healthcare outcomes and boosting patient welfare. The proli

Big Data & Data Mining: two interlinked concepts with operational distinctions

Big Data Analytics Big Data, as the name suggests, refers to a huge volume of data that may be structured, semi-structured or unstructured. This data can be procured from diverse sources and then analyzed with a view to obtain relevant and essential insights from it. It is a rather complex procedure as it involves a great volume of data, the source of which is often uncertain. Moreover, it may not always be available in a uniform, structured manner. Big data analytics is an essential discipline closely linked to business development. With the help of Big Data analytics, businesses are able to determine certain factors that may directly affect their profits, consumers, strategies and products. One of the most significant aspects of Big Data analysis is that more often than not, it is linked to marketing exercises. Determining consumer preferences, recognizing patterns, making relevant and timely correlations among the vast amounts of data and drawing predictive conclusions is where