1. Identify a digital strategy champion
Identify a person like a chief digital officer— and eventually a team—to champion the change, lead strategic initiatives and articulate how the digital strategy will support the business strategy. This isn’t about IT or new technologies; it’s about how processes, experiences, people and capabilities will be transformed using digital. This person should be a senior leader and have credibility with buy-in from the CEO and leadership team.
2. Upskill your team
Upskill your team: It all starts with your people, giving them the skills and knowledge to understand digital and how to apply it in their jobs. The first step is to evaluate your current state across each ecosystem to identify gaps and opportunities for improvement. Envision a future state for each ecosystem based on new, interconnected capabilities. As a part of this assessment, consider using our Digital Fitness App. It lets you assess your team’s digital aptitudes, skills, change readiness and other digital fitness markers, and then provides a personalized learning and development plan to address gaps. The app is focused on upskilling and enabling employees so they can use those skills to identify solutions and make more informed decisions.
3. Create a plan that builds momentum
Determine what problems you’re going to focus on. Define what investments you need, when you need them and what’s realistic. Develop an agile approach for prototyping and launching solutions early and often, driving benefits early and course correcting as needed. In this fast-changing environment, waiting or taking too long isn’t an option.
4. Develop an integrated operations model
Design an integrated operating model that spans all four ecosystems. It’s also important to consider external partnerships where you can benefit from other initiatives like cloud-based programs that may be complementary to the various ecosystems.
5. Take advantage of the new value chain
After your four ecosystems are developed, make sure you have the structures in place to get the most value from Industry 4.0 integration. Verify that you’re getting the benefits, as your digital champion should be monitoring activities, measuring results and making continuous improvements.