Digital Maturity Compass and Enterprise Transformation

Digital Maturity Compass for Enterprise Transformation

• The Fourth Industrial Revolution is driven by digital technology, impacting life at its core with continuous, real-time data connectivity globally.
• Enterprises need to understand and respond to this digital revolution as an opportunity for renewal and continual transformation, from Innocence to Excellence.
• Five interconnected layers of an enterprise - Strategic Enterprise Operations, Leadership, Culture, Resilience, and Skills - are crucial in facing the digital onslaught.
• Enterprise management principles have evolved from Command and Control to Principles Driven Policies & Procedures, with the advent of Industry 4.0 enabling a more democratic approach.
• The transformation of enterprise structure, synergies, and systems is necessary to adapt to new concepts of technology applications and their cascading impact on culture, capabilities, and configuration.
• Enterprise strategy involves continuous improvement driven by innovation, customer-focused strategy, and trend-driven strategy.
• Sales & Marketing entail the fusion of life, enterprise technologies, real-time data fusion, unified real-time customer ecosystem, and conceptualization to commercialization in a continuum.
• The state of product/service management in an enterprise is described by attributes such as mobile applications & social media, real-time data fusion, and conceptualization to commercialization in a continuum.
• The journey of enterprise transformation requires mature resources and a clear origin and destination.
• The digital economy intertwines the five layers of an enterprise more than ever, democratizing structure and systems for innovation.
• The path of enterprise transformation journey is from Innocence to Excellence, and it needs to be understood as an opportunity for renewal and continual transformation.
• The principles of enterprise management have evolved over time, and with Industry 4.0, a more democratic approach is necessary to adapt to new technology concepts and their impact on culture, capabilities, and configuration.