Digital Transformation and Innovation
Select Other "city & date"
Digital Transformation and Innovation Course
Introduction:
Although disruption has long been a threat to some industries, the rise of digital technologies has accelerated the pace of disruption in virtually every industry, creating immense ambiguity and unease.
Meanwhile, uncertainty continues to accelerate in the broader business environment as the rate at which new technologies emerge increases exponentially - all while competition becomes increasingly fierce. The dominance of established leaders has never been more under threat.
The Digital Transformation training course is designed to offer professionals a comprehensive understanding of the pace of digitalization and the imperative it creates in the business landscape. This comprehensive Digital Transformation training takes professionals through the frameworks that help them identify the key areas to digitize including strategy, core process, and technology.
The Digital Transformation and Innovation course is ideal for professionals with a strong desire to gain mastery of the various opportunities for digital technology and data management practices to transform their businesses.
Course Objectives:
Successful completion of the Digital Transformation and Innovation course will help you to:
- Gain a comprehensive understanding of the underlying economics of innovation, technology, and market disruptions
- Identify the key areas to digitize including strategy, core process, and technology
- Understand and weigh the impact of current digital technologies driving advancements
- Explore the critical aspects of building a digital-ready business
- Gain mastery of the most comprehensive framework essential for a successful business transformation
Who Should Attend?
The Digital Transformation and Innovation Training course is ideal for:
- Managers/Consultants working to deliver strategic objectives
- Program and Project Managers
- Product Managers
- IT and Business professionals at a senior and middle level
- Service Managers
Course Outlines:
Living in a Digital World
- What is Digital Transformation?
- Tradition Linear Value Chain
- Homing and Switching Costs
- Two Sided-Networks
Digital Transformation Domains
- Customers
- Competition
- Data
- Innovation
- Value
Overview of Customer Networks
- Customer Network Paradigm
- Marketing Funnel
Introduction to Digital Customer Behaviors
- Access Strategy
- Engage Strategy
- Customize Strategy
Platform Business Models
- Overview of Platforms
- Platforms Types
- Platform Business Model Map
Artificial Intelligence (AI) in Business
- Basics of Machine Learning (ML)
- How to Apply AI and ML in Business
Basics of Big Data at Work
- New Unstructured Data Sources
- Unstructured Data Tools
- Templates of Value
Business Innovation Through Experimentation
- Principles of Experimentation
- Convergent Experimental Method
- Divergent Experimental Method
- Value Proposition Adaptation
Planning & Preparing for Transformation
- Taking stock of a business’s current position
- Defining the End State
- Building a Plan
- Delegate Self-analysis
- Key principles; Do’s & Do Not’s
- Building the Guiding Team
Aligning Goals, People, and Systems
- Getting All on Board
- Dealing with Resistance
- Managing People through Change
- Project and Program Management
- Monitoring & Control
- Sustainment
Executing on Digital
- How to execute your digital strategy
- Strategic agility
- Data culture
- Resource accumulation
- Executing on AI strategies
