Clear vision and strategy
Aligning with your organisation’s overall vision, goals and long-term plan
Why do I need a clear vision and strategy?
All organisations have likely embarked on their digital transformation in some way, to varying degrees of success. Despite this, there's still much confusion around what digital transformation is, and whether they really need to invest in it.
At the core, digital transformation is about finding the best way to leverage technology to deliver operational efficiencies for your staff and superior services for your customers. Ultimately, it is an insurance policy against your organisation becoming digitally irrelevant.
In short, digital transformation is an imperative. Without it, organisations risk becoming stagnant and unable to adapt to increasing customer demands.
Digital transformation will ensure that you can continue to deliver critical services now and in the future, within the fiscal, technological and resourcing restrictions every organisation faces.
But not every digital transformation strategy is made equal. Its success hangs on having a clear vision and strategy, from the outset. The strategy needs to be linked to your organisation’s overall vision, goals and long-term plan, which means having executive buy-in and sponsors.
Since implementing TechnologyOne Financials, we have seen a huge amount of efficiency gains in the finance area – the month-end close has been reduced from eight days to three and the virtually paperless approach we have adopted saves office space and time required to retrieve records.
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