Digital Transformation

According to Theodore Levitt, a brilliant American economist the Creativity is thinking about new things but Innovation is doing new things. Communications around transformation gives us the feeling that it is a fad or at best an umpteenth technological development. It’s wrong! The digital transformation is the word that has been given to a profound change in the way of doing business today: the network economy, sluggish growth, repeated crises, environmental and social challenges are complicating the managerial mode of companies and intensify competition in a market dominated by predation. Of course, there are still sectors of activity more or less protected from monopolistic or other positions, but not for long. Indeed, liberalism and disruptive technologies are undermining major accounts and even multinationals that has not taken the measure of the revolution that is underway.

Yes, it's a revolution, the word is out!

It’s a revolution that affects all departments of the company: strategic, operational and human. The digital transformation is a deep and substantial evolution of the company to make it in line with its environment and capable of meeting the challenges it encounters. Digital is just one means among many others. The stakes are huge: Transform or perish.

If you are convinced that something is happening and you need to prepare for it, start by acting on mentalities:

• Start by changing the culture of your company, its leaders and all its employees. The digital transformation starts there: everyone within the company must share the same mission and the same vision. The strategy will be processed later.
• Secondly, train your employees, or rather set up a capacity building program so you can act on the individual, institutional and systemic level.

Once mindsets have changed, skills have been acquired and the business has been a high level of culture and maturity, you need to reaffirm the mission and the vision and focus on the strategy. You have to answer important questions that will shape and condition your transformation:

• How to distinguish itself from competitors?
• On which value position to focus? Cost leadership, Product leadership or Customer partnership?
• Which tradeoff between global integration and local responsiveness?
• Continue competition in existing market place or create uncontested market place?

The strategy you are going to adopt will involve a profound transformation of your business. It will affect your organization, your processes, and your relationship with your customers, suppliers, and subcontractors. An operation so heavy and so important that the choice of a partner for your digital transformation will prove crucial.

Remember the quote from Patrick Louis Richard: “It is better to live alone than in bad company, but with good company, life is so much more magical”

Several international firms, academics, laboratories have proposed more or less successful framworks for a successful digital transformation. MIT, Deloitte, Cap Gemini and many others have looked into the issue and have come up with mostly incomplete solutions. Himilcon, offers one of the most complete and relevant frameworks on the market.

Details of our framework and its advanced aspects will be communicated as soon as possible.