Digital Transformation and Innovation
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Digital Transformation and Innovation Course
Introduction:
The rapid advancement of digital technologies has intensified disruption across industries, leading to heightened uncertainty and anxiety. The business landscape is witnessing an exponential emergence of new technologies, increasing competition, and challenging the dominance of established leaders.
To equip professionals with the necessary knowledge and skills to navigate this digital era, the Digital Transformation training course offers a comprehensive understanding of the pace of digitalization and its impact on the business landscape. This course guides professionals through frameworks that identify key areas for digitization, including strategy, core processes, and technology.
Ideal for professionals seeking to harness the potential of digital technology and data management practices, the Digital Transformation and Innovation course provides an opportunity to master various avenues for transforming businesses in this digital age.
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?
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 Businesses’ 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