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“Digital transformation” could be in the running for buzzword of the year, especially in light of the COVID-19 pandemic. Now more than ever, digital solutions should be a top priority with a renewed focus on worker, vendor and customer safety. Despite the enthusiasm and high hopes surrounding digital transformation, many people may not know exactly what it means and how to implement it. As digital technologies dramatically reshape industries of all kinds, many companies are pursuing large-scale change efforts to capture the benefits of these trends. In a new McKinsey Global Survey on digital transformation, eight in 10 respondents say their organizations started to implement digital transformation in the past five years.
WHAT IS DIGITAL TRANSFORMATION?
Digital transformation is using digital technologies to remake a process to become more efficient or effective. The idea is to use technology to transform that service into something significantly better. In order to make employees more efficient, productive and safe, prioritizing digital transformation is crucial when it pertains to industries like construction and manufacturing, who are already late to the game when it comes to switching to digital processes. Because of this, companies are losing up to $550 billion a year on disengaged workers. Traditionally, company safety programs are paper-based and more reactive —that is, actions are taken only after a worker is injured. These types of programs do not enable safety managers to improve safety on-site because the data they need is trapped on paper and in file cabinets.
HOW TO IMPLEMENT DIGITAL TRANSFORMATION
The path towards digital transformation isn’t meant to be rushed or fast-paced. A successful transformation requires patience, adaptability, and drive for change. By breaking down digital transformation one step at a time, a foundation will form where companies can rapidly develop and scale their digital offerings. These three simple steps should be the blueprint for digital transformation that can be repeated and scaled to incorporate the entire company…
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