AN APPROACH TO DEFINE A ROAD MAP FOR DIGITAL TRANSFORMATION OF INDUSTRIAL ORGANIZATIONS

Michael Sishi, Arnesh Telukdarie

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

A digital business strategy is a significant contemporary accomplishment, advancing a visionary enterprise. The ability to define a traditional business strategy is highly dependent on the current operational paradigms, but a digital business strategy must consider all significant contributors from the technical architecture, change management, strategic role-out plan, skills migration plan together with advanced digital tools. This research develops a digital business strategy based on a detailed landscaping process that includes a full review of all functions of the business, global best practice and the company's existing business strategy. The first priority is to define and align the digital strategy with the business strategy. Here the approach is to design for optimization (transform), replication (for growth), and sustainability (new feedstock, empowerment). The strategic digital roadmap developed herein focuses on the optimization of current processes via digital and other tools. The roadmap includes the design of systems with replication as the core of the design. The support systems and governance structures proposed include architecture, process management, service management, knowledge repository, and skills strategies (delivery through people and culture). The digital road map defined includes total business visibility, delivering on multi-dimensional visibility, and workflows enabling optimization. This research contributes to the body of knowledge by shedding light on the predicaments associated with devising and implementing digital business strategy. The research subsequently devises a novel approach to digitally transform organizations through digital business strategy that leverages various significant elements such as traditional business strategies, processes, resources, advanced digital technologies, and industry best practices.

Original languageEnglish
Title of host publicationProceedings of the American Society for Engineering Management 2023 International Annual Conference and 44th Annual Meeting
Subtitle of host publicationClimbing Higher with Engineering Management
EditorsG. Natarajan, H. Zhang, E.H. Ng
PublisherAmerican Society for Engineering Management
Pages112-121
Number of pages10
ISBN (Electronic)9798985333466
Publication statusPublished - 2023
Event2023 International Annual Conference of the American Society for Engineering Management and 44th Annual Meeting, ASEM 202 - Denver, United States
Duration: 25 Oct 202328 Oct 2023

Publication series

NameProceedings of the American Society for Engineering Management 2023 International Annual Conference and 44th Annual Meeting: Climbing Higher with Engineering Management

Conference

Conference2023 International Annual Conference of the American Society for Engineering Management and 44th Annual Meeting, ASEM 202
Country/TerritoryUnited States
CityDenver
Period25/10/2328/10/23

Keywords

  • Business Strategy
  • Digital Business Strategy
  • Digital Maturity
  • Digital Transformation

ASJC Scopus subject areas

  • Management of Technology and Innovation
  • Strategy and Management
  • Information Systems and Management

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