It explains Digital transformation and the Difference between Digitization, Digitalization and Digital Transformation.
Also, explore the digital mindset and the digital transformation journey.
the digital transformation usually passes 5 phases which are Initiation, Planning, Execution, Checking and Acting based on the evaluation.
it contains 35 practical Tips that guide you to implement Digital Transformation successfully.
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How To Implement Digital Transformation Successfully .pdf
1. How to implement Digital Transformation
successfully?
Date
Dr. Hosam Abou ElDahab
2. األسواق وتنمية فتح
SPEAKER BIO
• Hosam AbouElDahab is a Fintech expert who led several strategic
Fintech and Digital Transformation programs in Africa and Gulf
areas, with 20+ years in the IT industry he was able to
successfully roll out initiatives in Digital Financial Services and
Financial Inclusion and to be an international Fintech advisor.
• Currently, in AlexBank, He is leading the Digital Demand Office to
support the strategic business projects inside the bank, this
through leading the Business Analysis, the IT Governance &
compliance and the IT security teams.
4. األسواق وتنمية فتح
Difference between Digitization, Digitalization and Digital Transformation.
• Incremental change.
• Digitization is the conversion of analog or physical information to a
digital format.
• Digitalization is the use of digital technologies and digitally-enabled
approaches to enable or improve business models and processes.
• Deep change
• Digital transformation is the coordinated digitalization change efforts at
scale, including all business aspects such as information, people,
processes and technologies.
7. األسواق وتنمية فتح
Do you know why others are failing?
Trying to innovate by either internal or external
teams using existing traditional work processes
As-Is.
11. األسواق وتنمية فتح
Initiation [Tips]
Clear objective
Define what is the added-value
Imagine the future of the product/service market
Measure ROI On Digital Transformation
Start from where others stopped
Get top-management support
Picking the right team.
Build leadership buy-in to boost adoption.
Change catalysts…
12. األسواق وتنمية فتح
Plan
•“what is between the bird's-eye view and the
ant's-eye view”
• Communication, Quality, Risk, Time, Cost,
Scope, Change, Resources and Procurement
plans…
13. األسواق وتنمية فتح
Plan [Tips]
Think big but start small, Don't try to eat the elephant all at once
Perfect Stakeholder analysis
Start from well-defined processes for smoother transitions
Verify available time and funding before you start to guarantee completion
Define your KPIs, milestones and benchmarking
Define the Digital Transformation Tools and technologies
14. األسواق وتنمية فتح
Plan [Tips- Cont.]
Transform based on client and consumer digital adoption
understanding
Close The Technical Gap In Your Leadership Team
Corporate digital awareness…
15. األسواق وتنمية فتح
Do
•“Turn-on the Digital Transformation Machine”
and start the plan execution…move!!!
•Deliver Milestones.
•Incremental added-value whenever possible.
16. األسواق وتنمية فتح
Do [Tips]
Business speaking, put human at priority no. 1…
Treat employees as collaborative partners
Stick to the plan while you can ask for replanning and plan tunning
Balance between perfection and deliver in timely manner
Balance between fast delivery and know-how retention
Don’t overwhelm into the innovation and cut-edge technologies…
18. األسواق وتنمية فتح
Check [Tips]
Benchmark what you did.
Are you okay with your KPIs?
Measuring your digital transformation against metrics.
Don’t miss the lessons learned.
Don’t ignore feedback and sentiments
Review your strategy on a frequent basis