Digital Transformation2019-11-10T21:16:19-06:00

Few topics garner as much business strategy press these days as “Digital Transformation”, from media outlets such as CNBC and the Wall Street Journal to management consultants like McKinsey and Bain.

What is Digital Transformation?

It means somewhat different things to different industries and business strategies, but generally Digital Transformation in business is the transition from traditional physical assets, logistics and customer interactions to “digital” (technology-based) assets, delivery mechanisms and customer interactions.

It involves a complete rethinking of a company’s supply chain, value chain, product/service delivery process, and business model.

Who does Digital Transformation?

Because there are limited experts with experience in the newest most disruptive technologies frequently leveraged for Digital Transformation, (Artificial Intelligence, Advanced GIS Mapping, Robotic Process Automation, Augmented Reality, Virtual Reality, the Internet of Things, etc.) most companies utilize outside consultants to aid them in setting the strategy for Digital Transformation.

Innovation Vista’s Digital Transformation Services

Because we recruit experienced C-level IT executives as lead consultants, our team brings expertise and proven track records to these engagements.  Our experts are comparable to anyone at the senior partner level at Deloitte, PwC, Accenture, E&Y, McKinsey, BCG or Bain, but we have four significant advantages these competitors cannot match:

  • Our lead consultants remain fully engaged throughout the term of our consulting projects.  When you engage one of the “Big 4” accounting firms or “Big 3” strategy firms, you may never again see the senior partner from the day the contract is signed…
  • We keep this level of engagement throughout project teams.  We utilize only skilled staff with actual real-world experience to execute projects.  Our larger competitors recruit heavily from universities and have first year associates out billing clients within a month.
  • Our bill-rates are significantly lower across the board for all seniority levels and skill-sets, as we don’t have to carry the overhead of those larger firms.  (We don’t sponsor pro golfers or tennis championships, etc…)
  • We target our services at midsize companies.  If you’re a company of this size (< $5B in annual sales), good luck getting engagement or quality staff assigned from one of the Big 4 or Big 3.

We would love to talk with you further about our services.  Please contact us to setup an initial conversation to explore how our expertise can guide and empower your company’s Digital Transformation…!

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Below see some of our recent Thought Leadership on Digital Transformation:

Best IT Strategy for a Non-IT Startup? It Depends

Tech company startups are the darlings of the press and of venture capitalists.  It certainly seems that tech companies dominate the list of "Unicorns" and top IPOs from the last few decades.  Their pace of revenue acceleration (though not necessarily usually earnings) are breathtaking - at least for the few who make it "over the hump" to reach critical mass.  But these are far from the only startup businesses where key IT decisions are needed. In non-IT startup companies, the landscape of tech choices is different, although potentially just as impactful on the company's chances of success.  Tech isn't their product, but in many cases it may make up a significant part of their engine (there is a spectrum of IT impact, of course - that's one reason why "It Depends..")  Interestingly, from the myriad books on the topic of startups pumped out of publishing houses these days, very few [...]

September 12th, 2019|

Early AI Won’t Reach Professionals’ IQ. Build it Anyway

When you teach your children how to read, you don’t hand them a dictionary. You start with one letter, then move on to the next, hoping you know enough words that describe the letter “X” and can create a system from which they will learn on their own. No one expects a toddler to suddenly pick up the morning paper and process the symbols inked onto the page into useable information—but even knowing that, they begin the long, tedious, (painful?) steps to ensure that one day their child, years down the road, can read the morning paper if they so choose. The results are worth the pain in the end. Yet when people hear about the developments of AI in business, many of them assume the process is pointless if the technology has not reached a level of newspaper-reading, so to speak. What would be the point of investing money [...]

August 1st, 2019|

Dangerous Inoculation – the Problem of Failed Early Digital Projects

Organizations run the risk of being "inoculated" against the power of innovation if their early investments in technology or "digital transformation" fails to deliver business benefits.  In fact, "Digital" is becoming a four-letter word in some companies. One risk is if the initial digital "pilot" is over-hyped by its sponsors, possibly in an effort to get approval for the initiative if it's a controversial topic.  While it may seem justifiable to over-promise a little with the idea that "they'll get excited when they see how close the team can get", in fact this is a very dangerous stretch which risks killing the chance of future projects altogether.   Better to continue to win hearts and minds to the vision using reasonable expectations than to stretch them unwisely. Inoculation can occur even if expectations aren't stretched though.  In some organizations the skeptics may lie in wait for a pilot project to fail [...]

July 14th, 2019|