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final project execution vajv.pdf
final project execution vajv.pdf
final project execution vajv.pdf
final project execution vajv.pdf
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final project execution vajv.pdf
final project execution vajv.pdf
final project execution vajv.pdf
final project execution vajv.pdf
final project execution vajv.pdf
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final project execution vajv.pdf

  1. azEstilo P a g e | 1 Final Project Execution Version: 2023.03.22
  2. azEstilo P a g e | 2 Document Control Version Control Version Date Changed By E-mail Change 2023.03.22 2023.03.22 Victor A Jimenez Victorjimenez1@kpmg.com Initial version Stakeholder Review # Name E-mail Version Date 1. 2. 3.
  3. azEstilo P a g e | 3 Contents 1. Introduction. ........................................................................................................................................4 2. Identification of the mega trend that impacts the company......................................................4 3. Use of models to assess the areas of the company.......................................................................5 4. Description of the disruptive technology that will help the business............................................6 5. Identification of the barriers that will be presented with the use of the selected technology. 8 6. Conclusions..........................................................................................................................................9
  4. azEstilo P a g e | 4 1. Introduction. azEstilo is a traditional internet sales site, recently changed owners and the new board decided to relaunch the site with a different approach focusing more in offering global sales for local artisans with a technical differentiator from our competitors. Also, the new owners are launching new the business areas that would like to introduce to the new site. We as a company want the new site to be more focused in customers, driven by marked demand and fueled by technology, that is why we started a digital transformation program. Our goal is to increase the effectiveness of our business operations and customer relations. This is the first part of the program that encompasses the identification of mega trends that impacts our company, an assessment of our plan, identify business process that requires more attention meaning process with higher impact by the megatrends, and with a non-favorable assessment, derived from the evaluation models we used and identify the technology which could help to transform this process. Our Top Company priorities: Growth Customer/User Experience Technology Modernization 2. Identification of the mega trend that impacts the company. These are the two mega trends that may have an impact in our company: Empowered customer We need to invent our future with customers and make sure we deliver rich experiences. The first step will be to create stores that serve as showrooms with specialist in showing our catalogue based in customer´s profile and give them the possibility to be in touch with our brand and give us feedback to implement the best ideas so they feel are treated as stakeholder rather than a simple customer.
  5. azEstilo P a g e | 5 Behavioral economy As we are starting to introduce products from a wide variety of local artisans, we need to help customer finding the right product offering a wider range of filters and suggestions based on their profile and navigation history. We also want to introduce the decoy effect so customers can decide faster between two options when we present a third option that is less desirable. The options we could implement should always consider transparency, customer benefit and ease to opt out. 3. Use of models to assess the areas of the company. We used two models to evaluate our business ideas, Porter's 5 Forces and PESTEL analysis. A. Porter’s five forces:
  6. azEstilo P a g e | 6 B. PESTEL Analysis: Based in the analysis we identify two areas we need to improve: a. Empower customers by implementing digital showrooms, a process to attract innovative ideas from customers implementing a rewards program based in successful ideas implemented and be able to add the ideas as fast as possible on the website. b. Implement AI for searchability in our website and improve customer suggestions based in their historical behavior. 4. Description of the disruptive technology that will help the business. a. For empowering customers and helping us to deliver new ideas as fast as possible we want to implement a Superapp for our website. A supperapp is an app that provides customers with a set of core features, along with access to independently created miniapps. The superapp is built as a platform to deliver consistent and personalized app experiences. (Gartner)
  7. azEstilo P a g e | 7 Benefit: That will help us creating new apps that will satisfy customers approved ideas and could be easily integrated in the mail website. b. For implementing AI, we decided to go with Adaptive AI, so we can use it not only for elevating our search capabilities and customer preferences but for other processes as well. The value of operationalized AI lies in the ability to rapidly develop, deploy, adapt and maintain AI across different environments in the enterprise. (Gartner) Benefit: With Adaptive AI we can maximize our value by establishing AI engineering practices to standardize AI delivery process.
  8. azEstilo P a g e | 8 5. Identification of the barriers that will be presented with the use of the selected technology. a. Implementing a Superaap in our website would require 1 to 2 years. - We need to be very strict in implementing data privacy and security for adding miniapps that could be very time consuming and requires an investment in technology. How to avoid: We are moving our private site to AWS so we can hire security advise and implementation of security tools by subscription, so we won´t get all the infrastructure security costs. - The goal is not to implement commercial apps in our site but more of having the capability of add new features via an app or deprecate one that is not in use in an agile manner, that data could only be obtained with constant interaction with our customers. How to avoid: We are going to launch Pulse surveys with our customers regularly so we can have a constant way to listen our customers and empowered them using a rewards program for each idea implemented. b. Implementing Adaptive AI requires 2 to 3 years. - Need to prepare our staff or hire new staff with AI skills. How to avoid: To avoid this problem, we are planning to have a technology partner with experienced team that can help us in making the right progress and overcome any roadblock without trial-and-error solutions. - Need to prepare a data Infrastructure that could not be cheap. How to avoid: We agreed in collaborating and partnership with AI specialist as the lead and training our internal team so we can speed up implementation, make our AI solution stronger and cheaper.
  9. azEstilo P a g e | 9 6. Conclusions As an initiative of the new management to relaunch the website and position the business as the best platform for local artisans to sell their products worldwide, the digital transformation strategy was launched. To achieve this goal, two mega trends were prioritized: Empowered customer y Behavioral economy that are very aligned with the final strategy of increase our growth empowering the customer/User Experience and Technology Modernization. The result of the evaluation models showed the gaps we need to cover to implement our ideas using disruptive technologies as Superapps and Adaptive AI. Although the roadmap implies one to three years of effort, we detected solutions to reduce that time to adoption as migrating our site to AWS and make partnerships with vendors with expertise to reduce the curve of leaning for our internal teams and time to implement. We are going to use Agile frameworks to develop the work ahead and empower our internal team to provide a career path that could be attractive and avoid employee churn. This approach gave the company board a target and future state that helped to get their approval to start our Digital Transformation
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