We understand that digital transformation is a journey involving a complex ecosystem of capabilities. Matt, Hess, & Benlian, 2015, developed a digital transformation framework to guide companies holistically when developing and defining a digital transformation … The Digital Imperative sets out Why Singapore should pay attention to the digital economy. H.E. 751 0 obj <> endobj Funding the Journey 17 2. A digital transformation framework sets an overall direction and certain boundaries of the transformation campaign. response to digital transformation – to help our businesses and workforce prepare for and embrace these possibilities. �QL �Q�c��*Y�m��Ē$ gI�X�u(@]8��� cv$�$fZ$��X�*k��]py�� Digital transformation framework vs strategy. endstream endobj startxref endstream endobj 752 0 obj <>/Metadata 38 0 R/Pages 747 0 R/StructTreeRoot 43 0 R/Type/Catalog>> endobj 753 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/TrimBox[24.1784 24.178 476.974 675.53]/Type/Page>> endobj 754 0 obj <>stream Digital transformation, as this is commonly called, has immense potential to change consumer lives, create value for business and unlock broader societal benefits. Leading Transformation 63 5. It's also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. iʩQ�Iho\�X! terhouseCoopers’ framework defines six phases of DT (PwC, 2013). 8 DIGITAL TRANSFORMATION That’s the essence of what we mean when we talk about changing the core of the business—the set of capabilities that allows the entire business to run effectively. It allows stakeholders to focus on the core issues irrespective of the particular strategy they choose. The entire digital ecosystem is disrupted due to disruptive innovation. Digital transformation is upon us, and every industry and every business is part of it. The African Union Commission organized Virtually the 9th Industry Stakeholders Strategic Retreat. This living document – A Framework for Action in the Digital Economy – seeks to provide a guide for us to do so. analytics. It is the strategic framework for delivering on Africa’s goal for inclusive and sustainable development and is a concrete manifestation of the pan-African drive for unity, self-determination, freedom, progress and collective prosperity pursued under Pan-Africanism and African Renaissance. Building Capabilities 97 Part III: Distinctive Types of Transformation 7. Digital transformation is about applying technologies to radically change traditional processes, products and services into data-driven, highly connected solutions that can be monetized through extreme efficiency gains and entirely new business models. To set a digital transformation on the right course a company must place it at the core of its agenda, and understand the magnitude of that undertaking. In the next section, you see the six basic building blocks that make digital transformation possible: Strategy, Process & Innovation, Culture, Technology, Customer Engagement, and Data Analytics. 0 Digital Transformation Framework for Smart Factory 4 and the adapted Smart Factory architecture reference model. It is academically peer-reviewed and taught in many leading universities. FIX digital transformation framework in pdf and ppt. It is the strategic framework for delivering on Africa’s goal for inclusive and sustainable development and is a concrete manifestation of the pan-African drive for unity, self-determination, freedom, progress and collective prosperity pursued under Pan-Africanism and African Renaissance. Mr. Moussa Faki Mahamat, Chairperson of the African Union Commission, on the attacks in Niger and kidnappings in Nigeria. Together, they form a foundation on which companies can rapidly develop and scale their digital offerings: According to the Digital Transformation Realization Method, the current enterprise architecture was described for the first time. The World Economic Forum launched the Digital Transformation Initiative in 2015, in collaboration with Accenture, to serve as the focal point for new opportunities and �]���(�����Oz�M֞�#鑎l��#9����x����# )�Mi�}i��������7i�0�"�W���x6\�������z Agenda 2063 is the blueprint and master plan for transforming Africa into the global powerhouse of the future. 804 0 obj <>stream A company’s core is the value proposition of its business grounded in strategy as … The disruptors will be among the first digital organizations that define what a “digital enterprise” really looks like. Digital Transformation 115 8. Addis Ababa, Ethiopia Economic Integration & Private Sector Development, Programming, Budget, Finance & Accounting, Other Mission and Special Liaison Offices, Key Transformational Outcomes of Agenda 2063, Constitutive Act, Charters, Privileges & Immunities, Agriculture & Environmental Management Treaties, Treaties on Trade, Economic Integration & Development, Treaties on Refugees, Migration, Labour & Employment, Treaties on Education, Science & Technology, Executive Council Decisions and Declarations, Digital Transformation Strategy for Africa (2020-2030) (EN), Digital Transformation Strategy for Africa (2020-2030) (FR), Digital Transformation Strategy for Africa (2020-2030) (AR), Digital Transformation Strategy for Africa (2020-2030) (PO), African Union and Digital Entrepreneurship, Day 3 Presentations: The First Ordinary Session of the African Union Specialized Technical Committee on Transport, Intercontinental and Interregional Infrastructures, Energy and Tourism, Day 2 Presentations: The First Ordinary Session of the African Union Specialized Technical Committee on Transport, Intercontinental and Interregional Infrastructures, Energy and Tourism, Day 1 Presentations: The First Ordinary Session of the African Union Specialized Technical Committee on Transport, Intercontinental and Interregional Infrastructures, Energy and Tourism, Factsheet: Mobilizing Africa’s Workforce for Development, Factsheet: Interfaith Dialogue on Violent Extremism (iDove), Statement by H.E. 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