EdgeVerve; ... Powering Radial’s digital transformation journey. This is a reality in many companies, because they lack the right transformation tools and transformation management capabilities. It is described in this 348 page reference book which refers to countless external resources. It includes stakeholder management, benefit realisation, dependency management, transition management/change acceptance and integration with corporate strategies. A digital transformation manager leads an organisation’s constant adaptation of new technologies, their implementation within the business and the overall digital processes. “70% of siloed digital transformation initiatives will ultimately fail due to insufficient collaboration, integration, sourcing or project management.” Organisations need to ensure that their digital business transformation leaders do not fall into the pitfall of placing an unbalanced emphasis on technology, process and some project management, while paying lip-service or light touches to the other transformation management disciplines. The risk function, which ha… Organizations must first determine the right mix between digital optimization and transformation. The Business Transformation Management Methodology (BTM²) is a four-phase holistic and integrated business transformation management methodology developed. You have access to the course and exam for 12 months. Any digital transformation includes the following core ingredients: Strategy — aligning vision, customer experience, processes and technology. The MSc in Digital Transformation Management & Leadership is an ideal platform for those interested in working in digital transformation and technology projects and settings, in both corporate and startup scenarios, including financial services, consulting, FMCG, manufacturing, marketing and other professional services affected by digital transformation. If you are ready to start helping senior executives steer their organizations into the digital economy, this course is for you. In the context of business transformation, Strategy Management primarily addresses the Envision phase of the transformation life-cycle, during which a strategy is developed. Business transformation is an umbrella term for making fundamental changes in how a business or organization runs. This is not to mention the fact that the people and business areas that will inherit the new world, are ill prepared. The first step in understanding which areas will be impacted and what the effects of digital transformation on your business will be, is to understand on what basis this changes the way you run the business and … We define a successful transformation as one that, according to respondents, was very or completely successful at both improving performance and equipping the organization to sustain improvements over time. Organisational Change Management (OCM) addresses the human element If digital business transformation efforts are to be successful, all of the above nine transformation management disciplines need to be adequately addressed, and it is worth noting that technology is just one of nine disciplines in the list. Digital transformation is a very broad topic, and it … Orchestrating Digital Business Success. Years of research on transformations has shown that the success rate for these efforts is consistently low: less than 30 percent succeed. Module 6 - Enterprise: Learn how transformation must encourage, embrace and educate people from across the enterprise and build a collaborative culture of new capabilities and mindsets. Module 2 - Holistic: Learn how transformation requires a fundamental shift in multiple components of an organization. The course starts as soon as you enroll and start learning. Module 4 - Innovation: Learn that while Cloud, Mobile, the Internet of Things and Robotics, etc. Opportunities to upgrade workforce capabilities need to be identified and people made to feel safe and comfortable about innovation, success and failure. Seasoned project managers already know the importance of a sense of urgency, planning, accountability and other prerequisites for successful project management. To thrive amid digital disruption, a company’s executives must answer fundamental questions about the value they want to create – and their strategic options for getting there. Research has shown that this common error is the basis for countless failed and struggling transformation programmes throughout the world. Project management focuses on detailed specification and the “how” of implementation, along with control of activities to produce products. Master risk management. The failed BBC Digital Transformation is one example, and thousands of others are swept under the carpets of companies who thrive on operational excellence, but discover to their cost that, transformation excellence requires a very different set of capabilities. It also improves IT operations and services, and manages the IT lifecycle. Programme management focuses on high-level specification and the “why and what” of transformation. We define digital business transformation as organizational change through the use of digital technologies to materially improve performance. The Business Transformation Management Methodology (BTM²) is the world's first holistic and integrated approach to transformation, which is also integrated with the Digital Capability Framework introduced above. His place in the transformation space resulted in the launch of CXO Transform - a platform dedicated to helping seasoned professionals get better equipped to manage and lead transformation. This highlights the fact that transformation is less about technology and more about people and business. Master of Management in the field of Digital Business. In our 2016 survey, the rate of success was 20 percent; in 2014, 26 percent; a… The significant advantages of digitization, with respect to customer experience, revenue, and cost, have become increasingly compelling. Digitization has become deeply embedded in banking strategy, as nearly all businesses and activities have been slated for digital transformations. Establishing and implementing stakeholder communication and performance management strategies, and continuously receiving feedback to make improvements is key. Competence and Training Management identifies and analyses training needs and objectives, develops training measures for the identified gaps, foster the learning transfer and analyses the success of the measures. Module 7 - Roadmap: Learn how in a non-prescriptive manner, the THRIVE roadmap can help you draw upon the six THRIVE guiding principles and the body of knowledge in a way that works best for your organization. This Master’s degree programme is designed to equip students with the knowledge and skills required to guide their organisations through the complexities of digital transformation. The 3 pillars of digital transformation. And the Wikipedia definition, while vague, touches on how the effe… This BTM2 online course is an affordable and convenient way to upgrade your own capabilities, to better manage and lead transformation. Yes, by completing this course you can submit three (3) Leadership PDUs, two (2) Technical PDUs, and three (3) Strategic/Business PDUs by self-reporting in PMI's Continuing Certification Requirements System (CCRS). The most important digital transformation trends of 2021 save companies money and offer tangible business benefits. Module 5 - Value: Understand that transformation happens to create value, and so value needs to be measured, which means transformation leaders need to ensure they are gathering the right data to measure both the tangible and intangible value of digital business transformation, and reporting it to executives. To succeed, organizations must be adept at accessing, preparing, cleaning, managing and governing data. What is digital transformation in business? Business Process Management defines the scope of process changes needed for the expected improvements in performance. Everything about digital transformation and disruptive business models seems to go against the traditional IT concepts of risk containment and controls. That said, every senior manager or leader involved in transformation should have a solid understanding of the concepts taught in this course. Because despite increasing talk and attention around the. Digital transformation is about moving fast, challenging the status quo, and developing and scaling new technologies and operational mindsets. Watch the webinar to explore The definition of digital business and the crucial role data quality plays in both tactical and strategic success. How does Digital Transformation support Business Continuity post Coronavirus Pandemic? Digitalisation is fast becoming the driving force in business. Business Process Management. Most organizations are doing digital projects, but this does not mean they are a digital business. IT service management (ITSM) provides a structured process, approach and common language along with the governance needed to undergo transformation and maintain it effectively, often in auditable environments. There are four phases in the of BTM² transformation lifecycle, which are: BTM² consists of nine transformation management disciplines which are: The illustration above shows a very high level of BTM². However, in general, digital transformation is the process of a company changing its business model and transforming it operational processes, which are carried out using digital technologies. This post serves as an introduction to an intensely documented approach to holistic business transformation management, which addresses the transformation journey from strategy through to business benefit realisation and everything in between. Risk management provides fundamental guidance to the planning, development and effective execution of a business transformation. Programme management aims to support the implementation of the transformation strategy in order to achieve the business benefits described in the business case. Digital transformation offers organizations the potential to compete, stay relevant and reduce the cost of delivering services to customers and running business processes. 22. Module 1 - Transformation: Learn the fundamental difference between change and transformation, and how transformation is about creating a new future, without the constraints of the past. This can change over time, but a clearly defined digital ambition … Strategy Development involves the selection of appropriate team members, collection of data, analysis of transformation needs and readiness, design of a business vision, and a business model and the definition of an integrated transformation plan. This will immediately add credibility and weight to your CV/Resume, LinkedIn profile, job interviews, internal promotions, and separate you from the crowd. When we add business transformation and digital transformation into the equation, there are even far more pieces to be mapped, enhanced and connected and more ‘holistic’ bridges to be built, including on the business … The momentum to adopt the new technologies and operating models needed to capture these benefits continues to build. The MSc in Digital Transformation Management & Leadership is specifically designed to help participants prepare for key roles in the management of business innovation, allowing them to meet the increasingly important yet complex business challenges related to digital transformation … For instance, the digital transformation and project management experts at Digicoop.io, developers of the work management platform Kantree, have … It deals with the people who have to change their ways of working and involves setting up a foundation for effective OCM with respect to governance and assessing organisational change readiness. In the context of business transformation, Value Management involves defining the business benefits and changes needed to realise them, evaluating the feasibility of making the changes successfully, and producing an evidence-based, rigorous business case and supporting benefits realisation plan. This white paper discusses lean digital manufacturing and guides the readers to understand the best practices and steps to start their digital transformation journey. How to Become a Certified Digital Leader How to become an effective digital leader is something that many in senior positions are asking themselves. However, tracking your digital transformation progress, controlling current digital operations and working on organizational change all at once can be a challenge. The process involves creating new digital products or adapting existing ones … In business process transformation we need to look at several components as well. Module 8 - Exam: Prepare yourself using the revision tests in the seven previous modules to pass the final multiple choice online exam and become certified. In too many cases, business leaders fill this knowledge gap with highly-paid consultants who deliver the hype of digital transformation instead of measurable business value. This course equips seasoned project managers with a framework that complements their existing knowledge and experience, to help them orchestrate transformation from a 360° holistic perspective. Seasoned project managers ready to build upon their core expertise should take this course. Business transformation can aid cyber resilience and help organisations through uncertain times. BTM² was the world's first holistic business transformation management methodology that provides a framework with clear phases, deliverables and corresponding methods. From strategy through execution and value realization, you will gain a broad knowledge of transformation that no digital economy executive can afford to ignore. The program was initiated by GBS together with the House of IT and teaches fundamental and in-depth management skills against the backdrop of digital transformation. In over 100 bite-size lessons, you will learn how to orchestrate digital business transformation at companies with workforces that range from several hundred to several hundred thousand. Providing you answer at least 80% of questions correctly in the 60 minute online multiple choice exam, you will be awarded the Foundation Level Digital Business Transformation Management Certificate. Incubating Emerging Offerings. The next level down is shown in the chart below and a detailed body of knowledge resides within each of the many components. Rob is host of the 'Leading Digital Transformation' podcast and has published hundreds of articles on the topic of transformation. The identification of end-to-end business processes and the assignment of responsible process owners is a major task. Competence and Training Management provides qualification and enablement with respect to the competences required for business transformation, and the strategic core competences vital for the company's future success. To make the transformation effort a continuous success, business processes have to be considered from a strategic perspective. can bring about the most rewarding business transformation when used strategically, only through the innovative convergence of digital technologies can companies truly transform through new business models and ways of working. While change simply creates a better version of the past. Data fuels the technologies that enable digital transformation. Consulting Services. Manage the complexity and broad scope of digital transformation with the Digital Transformation Management Software, powered by the Corporater Business Management Platform. While he addresses executive audiences at conference halls throughout the world, Rob’s digital footprint and strategic partnerships have enabled him to contribute to the careers of thousands of transformation professionals in over 60 countries. If digital business transformation efforts are to be successful, all of the above nine transformation management disciplines need to be adequately addressed, and it is worth noting that technology is just one of nine disciplines in the list. You will learn the characteristics of digital organisations, develop strategies for digital business models and learn how to … This includes personnel, processes, and technology. IT Transformation Management evaluates the impact of current IT processes, competencies and systems on business transformation, and vice versa. It is a generic framework, which can be applied to different business transformation use cases, and is not specific to one business function, technology or industry. By answering these questions, they set the strategic direction, the execution of which will require significant changes across many aspects of the business. This means they have a significant head-start over others who aspire to manage and lead transformation. Digital Transformation Course One digital transformation course and certification programme that has soared in popularity since 2017 is CXO Transform’s online course based on, Digital Transformation Certification By Rob Llewellyn Twitter Linkedin Digital transformation certification is now separating amateurs from professionals in a discipline that has swept through, THRIVE Digital Business Transformation By Rob Llewellyn THRIVE is a practical digital business transformation framework, which provides leaders with a body of knowledge and, What We Need In Our Programme Manager By Rob Llewellyn Programme management involves the coordinated organisation, direction and implementation of a dossier of, Meta Management (Leadership, Culture, Values, Communication), Strategy Management (Transformation Direction), Value Management (Transformation Direction), Risk Management (Transformation Direction), Project and Programme Management (Transformation Enablement), Business Process Management (Transformation Enablement), IT Transformation Management (Transformation Enablement), Organisational Change Management (Transformation Enablement), Competence and Training Management (Transformation Enablement), BTM² is based on extensive academic research and commercial knowledge, BTM² helps its adopters build credibility among their business peers, BTM² is an objective, unbiased framework to identify and solve business challenges, BTM² is a ideal tool for regular and quick assessments of business transformation, BTM² addresses both the rational and irrational aspects of business transformation, BTM² distinguishes managers/leaders who use a proven approach to transformation, BTM² is not focused on any particular technology or company, BTM² is open for any organisation to use without having to engage a partner, BTM² provides guidance, support and structure for transformation programmes. So this article can serve only as a short introduction to the mission critical subject that many organisations still struggle to get right. – Be able to suggest new business solutions enabled by advanced digital technologies, and recommend approaches to infrastructure and data governance to support digital transformation. It is important to understand that process management does not equal process modelling, but rather the relationship between IT, Business and People related tasks. 6. Our always-on learning agenda drives their continuous improvement. Governance, mindsets, business models, innovation, digital use cases, etc. The innovative Digital Transformation MBA at GBS is the only MBA program in Germany with a dedicated, industry-wide focus on digital transformation. Doing business in a digital world means coping with the torrent of structured and unstructured data pouring in from seemingly infinite sources. View the video modules below to get an introduction to your instructor, Rob Llewellyn and experience the topics and lessons within the course. These transformations help organizations compete more effectively, become more efficient, or make a wholesale strategic pivot. In the master specialisation “Digital Transformation Management” you will deal with theoretical, strategic and technological aspects of digital change in companies. of business transformation. So manufacturers can confidently define a path towards enhanced optimization and flexibility in the world of production and manufacturing. BTM² is a leading holistic and integrated business transformation methodology which is based on academic and business research and has been used and validated in multiple business cases. Module 3 - Response: Learn how to help organizations respond strategically to the opportunities and threats they are presented with - both inside their organization, and externally in the market. From strategy through execution and value realization, you will gain a broad knowledge of transformation that no digital economy executive can afford to ignore. It is vital that business transformation managers to manage the risks that relate to the process of transforming their organisation towards a desired future state and those risks that relate more to the possibility that this desired state becomes either obsolete or sub-optimal. Value Management relies heavily upon the engagement of stakeholders in the preparation of the business case and benefits plan to create the knowledge and commitment required to realise the benefits described in the business case. It is an increasingly critical role that requires various skills including problem-solving, critical thinking and logic. Impartial and internationally respected, Rob has enabled some of the world’s best known firms generate commercial value from people, processes and technology, and helped turn managers and leaders into transformation masters. AMPS: The newest digital technologies Digital leaders are companies that manage to harness the power of digital information and technologies to improve business performance. It assesses and enables solution readiness of the business, defines and assesses the gap between the as-is and to-be of IT, deploys IT operations and services, and implements IT governance. Also learn how to encourage appropriate leadership mindsets, workforce culture and capabilities required to transform strategy into reality. User-Centered Design — mobile first and personalized. Digital transformation is a buzzword – and one, that we ourselves use to define our entire identity with. Budgets and timelines are frequently exceeded and stakeholders get tired of the noise excreted from the project, programme or portfolio due to inadequate transformation orchestration. Digital transformation has become a major focus and challenge for organisations all over the globe. The colourful benefits on display in the business case begin to fade as it becomes clear that the planned return on investment is diminishing as more time and resources are sucked into the initiative. Data management. – IDC. A definition from The Agile Elephant emphasizes all the ways businesses may need to adjust their existing practices: [Digital transformation] involves a change in leadership, different thinking, the encouragement of innovation and new business models, incorporating digitisation of assets and an increased use of technology to improve the experience of your organisations employees, customers, suppliers, partners and stakeholders. In over 100 bite-size lessons, you will learn how to orchestrate digital business transformation at companies with workforces that range from several hundred to several hundred thousand. On the contrary when MDM is part of the digital business transformation strategy, it optimises results, reduces project risk, and enables new revenue opportunities. It is often said that strategy is three times more difficult to deploy than develop, which explains why so many strategies result in a painful execution journey for everyone involved. You innovate, digitize and transform. Platforms. It addresses individual disciplines which include guidelines, leadership, culture, values, and communication. Wider adoption of low-code, MLOps, multi-cloud management and data streaming will speed companies along on their digital transformation journeys. THRIVE equips you to facilitate a Holistic approach to transformation, and avoid the blinkered and siloed approaches that many take. In the context of business transformation, Meta Management provides the overarching frame for a business transformation and provides the linkages amongst the disciplines and also the management structure, which will allow the transformation process to be effective. ... We also empower the business with agile digital at scale to deliver unprecedented levels of performance. Before embarking on any transformation led by technology, it is important for everyone — from the CEO to middle management — to know the answer to this question. Reality is, that Digital transformation is an illusion - unless it’s backed by a genuine Business transformation, rethinking the entire company, turning its ideas, … A Framework for Digital Transformation Digital transformation frameworks are what separate successful transformation efforts from the unsuccessful. Management Platform innovation: Learn that while Cloud, Mobile, the of... 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