A GUIDE TO DIGITAL TRANSFORMATION IN THE POST-COVID WORLD - September-2021
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CONTENTS Introduction 3 The Changed Journey of Digital Transformation 5 Salient Considerations for Digital Transformation 8 Digital Transformation in 2021 Represents a Roadmap to Recovery 11 Digital Transformation Protocols in the Post- COVID World 13
3|Page Introduction unexpected lockdown pushed many global organizations and their Two years back, not many leaders into waters that were businesses considered gearing up unfamiliar, if not totally uncharted. competencies in crisis management, Hurried decisions to implement enterprise agility, cost digital solutions for facilitating management, workforce resiliency, remote workforce, shifting innovation, or cash-flow customer engagement from management. Today the game has physical to online, and reducing changed. operational costs was the primary motive for many. Before the onset of the COVID-19 global Pandemic, most businesses However, the positive side which we were moving steadily towards a saw during this pandemic was the digital future. Since the term incredible dedication shown by ‘Corona virus’ dominated our enterprises to adopt technology conversation, ‘Digital’ might have and tools to meet customer and been the hottest topic of our employee's needs in a virtual discussions. It took us a Pandemic to environment. Apart from that, the understand that when we apply downside showed us how much ‘digital’ to its fullest potential, the underutilized technology tools are. result is a data-driven, agile, Well, technology and its adoption customer-centric, future-proof had limitations all along, but during enterprise, that empowered people this Pandemic, it became more and made leaders capable to lead visible. Therefore, the pre-COVID teams through competitive digital transformation strategy must markets. be reimagined. Organizations that were paving the At EPC Group, we predict that way towards digital transformation successful companies will shift their with a focused strategy, need to mindset permanently and innovate reimagine their approach. ways of working that will suit the new normal. The technology COVID-19 interrupted everyone’s transformation that tool place plan to adopt digital transformation. acknowledging the COVID-19 will The unprecedented threat and last longer even after the pandemic. | Digital Transformation in the Post-Covid World
4|Page Here are some notable changes we make an advancement in the identified and are going to stay future impacting society and beyond Pandemic, people. • The exponential shift in No wonder, COVID-19 pandemic has consumer behavior is substantially accelerated the supposed to stay forever demand for digital transformation. leading to an accelerated shift in digital consumer engagement. • Actionable intelligence driving real-time visibility in financial and operational data will enhance its pace in the coming years. • Enterprises willing to move ahead with proven technology solutions will retain the reconfigured supply chain developed for addressing the disrupted global logistic demand. • The digitalized processes customized to meet the • demands of the remote workforce will stay and enhance in the future to meet the new normal. • Many organizations will continue remote or hybrid working environments and will come up with innovative ways to use offices ensuring the future of work is an impending reality. • The shift in highly critical skill sets and jobs will continue to | Digital Transformation in the Post-Covid World
5|Page The Changed Journey of changes in the ways of their working but will also change the culture and Digital Transformation entire business DNA. The unprecedented need to A carefully strategized digital transform business digitally has transformation approach will taught us that the journey to an ensure the company is future-ready. effective digital transformation will It empowers the organizations to not be easy or quick. Many innovate quickly and bring new organizations have experienced the offerings, skills, and expertise to the endless loop of doing things digitally market rapidly, successively, and at or launching customized digital scale. products and reaching nowhere. All these things are illusions – far from Fearless Attitude to Go Digital the reality of being digital. Pandemic has made it painfully clear. The journey from adopting digital to going digital is not of much hassle In 2021, if you want to hop on the although it consists of few relatively digital transformation bus, you need easy and some bold initiatives. Many to have critical changes in times, bold initiatives are hard to business/operating models and the take because the old business process has to be gradual in focused model is the primary inhibitor in stages of maturity. making the transition successful. The early stage of maturity starts Therefore, digital transformation in with companies relying on digital 2021 is going to be critical. technologies to launch new Nevertheless, it is going to initiatives and leverage digital tools accompany those having a fearless to enhance capabilities. However, attitude and capable to take risks for they do so by focusing on the exploiting and optimizing the existing business models and never current versus exploring and scaling hurting its fabric. the business models for the future. Such a fearless attitude is possible At the end of the maturity stage, business. A strategy that focuses companies get digital by reimaging future and a culture where business, operations, and customer intelligence and talent are cultivated models that are significantly and attracted. If you are not ready different from where they started. It to take a fearless initiative be ready will bring not only fundamental to lag. | Digital Transformation in the Post-Covid World
6|Page Accepting Digital The COVID-19 pandemic has forced many organizations to experience One of the major inhibitors of some degree of digital adopting digital to going digital is a transformation by allowing their poor understanding of what employees to work remotely DIGITAL is. without hampering their productivity. No wonder, digital Digital transformation rightly transformation has become a way achieved impacts the entire of life and a necessity to survive – organization. Right from value everybody is doing this. The proposition to customer question is how many of us are engagement, from core processes doing it correctly. to operations, and from talent to how work is done. For complete digital transformation, enterprises need to address all the elements by realizing the full potential of digital. Legacy IT infrastructure is considered as one of the prominent hindrances in digital transformation. It not only makes the process Digital Transformation complex and inefficient but also makes it hard to simplify processes Often the primary stage of digital and policies. A legacy IT transformation is reactive, IT- infrastructure often prevents centric, and operation-focused. Yet, organizations from eradicating not many organizations recognize it bureaucratic structures and as an important step towards the adopting effective working digital journey, instead, they focus methods. on improving efficiency by providing paperless or paper-on-request The journey to digital processes. Nevertheless, after transformation must be reaching a more developed and accompanied by strong leadership, refined stage of the digital journey, a visionary approach, and a fearless organizations ensure their efforts attitude to tackle deep issues in the are more inclined towards (technology and organizational) transparency and customer- architecture and ways of working. centricity. | Digital Transformation in the Post-Covid World
7|Page It is high time for organizations to successfully plan and implement a begin planning, evaluating risks, and thorough digital transformation. developing digital strategies to explicate their transformation Leaders familiar with digital efforts and design their digital technologies play a dominating role roadmap. in change efforts. Leadership commitment is the key to success. The best thing is many organizations Engaging a Chief Digital Officer have developed a workforce that (CDO) who is more digital savvy has relies on collaborative tools, digital more chances of achieving documents, expanded bandwidth, transformation success. and enhanced cybersecurity as employees work remotely. Indeed, People and Organization technology has changed the way Digital transformation is about global businesses used to operate, change – a change that takes place but this is only the beginning. at all levels of the organization. Salient Considerations for Digital Therefore, the impact of the Transformation transformational change on IT leaders need to access the current customers, employees, partners, situation and identify the needs and stakeholders must be suiting the current environment to considered. When you are aware of customer expectations at the | Digital Transformation in the Post-Covid World
8|Page beginning of the digital allowed their employees to access transformation journey, you can data from multiple devices and substantially improve the customer multiple systems. Addressing experience and minimize costs. policies and governance in this area Similarly, you need to understand is pivotal to achieve successful employees' concerns related to the digital transformation in 2021. change and how they see the change impacting their roles. Even if Processes and Services digital transformation is meant to To start going digital, business enhance their contribution and leaders must understand the productivity and not replace them. processes and services that are ripe It is always better to have a change for transformation. Here are some management plan ready before processes that work well with starting the journey to address all transformative technology solutions, the concerns and issues employees and stakeholders might have. It will • Processes that are already help make a transition positively. calibrated, well-documented, and follows Policies and Governance • standard operating procedures. Business leaders must be aware of • Processes that rely on the the laws defining parameters for the predictive rule or standardized digital journey. Depending on it, decisions and need minimum they must identify and implement human intervention. policies and governance strategies. • Manual and repetitive processes Besides, policies and governance having multiple transactions and must be updated in some areas run frequently (daily, weekly, supposed to be affected by monthly) and involved manual emerging technologies. For work that is prone to human example, biometric verification or errors. fingerprint verification is dominant • Processes having low exception these days. Therefore, rates, restricted variations, and implementing seamless has versatile handling authentication ensuring users can procedures. securely conduct their business • Processes with high costs but using mobile applications. string ROI potential that is Additionally, while working intended to offer cost and time remotely, organizations have savings so that workers can | Digital Transformation in the Post-Covid World
9|Page focus on mission-critical Digital Transformation in 2021 activities. Represents a Roadmap to Recovery Apart from the transformable The COVID-19 Pandemic gave us a internal processes and services crash course in managing mentioned above, business leaders disruptions. What we learned from must identify more services and 2020 will help us define our success processes that can be transformed or failure in moving ahead on the using cutting-edge technology to digital transformation journey. better meet customer expectations. Accelerating digital transformation Technology Solutions initiatives is probably the only good thing that happened during the A focused approach and diligent Pandemic. By enabling remote planning enable organizations to work, it forced many organizations choose the best and cost-efficient to shift their focus from innovation tools. Business leaders must to business survival. retrospect the automation requirements within the However, with great efforts, signs organization and then look for of economic recovery started solutions leveraging shared services appearing on the horizon. and ready-to-use applications. Considering the painful efforts However, considering emerging every organization took to survive; technology solutions like Artificial business leaders are emphasizing Intelligence (AI), Internet of Things investing in digital transformation to (IoT), and Robotic Process greet the future with optimum Automation (RPA) is a must. preparedness. Nevertheless, before integrating any product, it is mandatory to check its compliance with security, accessibility, and other standards. The way in managing data also needs to be checked. | Digital Transformation in the Post-Covid World
10 | P a g e According to a Gartner Report, 202 performing organizations plan to will witness an average 2% increase further increase spending on digital in IT spending by business leaders. infrastructure in the coming years. Whereas the board of directors plans to increase the spending on Organizations that delayed their technology by an average of 6.9%. digital transformation initiatives due to the COVID Pandemic in 2020 are These figures illustrate the hard expected to open their pockets in lessons we learned in the last year. the second half of 2021 – resulting in Gartner also reveals that an investment surge. How quickly organizations that spent an your organization ramps up with the increasing amount on digital initiates will depend on your ability innovation despite the Pandemic to maintain pace with the are more likely to emerge as top competition and that way you performers. About 69% of such top- | Digital Transformation in the Post-Covid World
11 | P a g e capitalize on anticipated economic understanding that change is often shifts. painful but always necessary, and you need a commitment to stay For example, organizations that focused on the future rather than invested in new business models or the transitional state. digital products and services to emerging from the Great recession Business leaders must understand back in 2010, we're positioned to that with monumental changes they thrive during the recovery. The need to prepare for addressing organizations that failed to make a some unique challenges. However, shift and struggled to survive all attaining transformation in those years might have been incremental stages, both knocked off existence completely or strategically and financially always by the end of this Pandemic. proves beneficial. Smaller and manageable steps simplify iteration The changes brought about by the towards larger goals. It helps Pandemic were unique in source and enterprises to remain agile enough scope. The end of the Pandemic will to react to new changes. by no means represent the end of disruptions. As a result, the first Finally, the eternal truth that we lesson we all learned during the learned in the past year – everything COVID Pandemic is – Change is IT is not true digital transformation, Constant. it spans beyond that. Although technology is a key component that Organizations acknowledging the helps an organization to identify and importance of constant evolution respond to the evolving business and responding rapidly to change and customer needs, even the will be better positioned to not only cutting-edge technology solutions survive but also capitalize on are only as effective as how they are disruptions. Digital Transformation being used. Supporting the human Protocols in Post-COVID World side of the change by establishing a To become a change-capable culture change proves epic to drive enterprise, you need to embrace the long-term adoption and mindset, processes, and tools that sustainability. empower leaders and the Therefore, when you want to set workforce to manage uncertainty. goals for the new year, it is critical To achieve business agility, you not only to embrace best practices must have a collective | Digital Transformation in the Post-Covid World
12 | P a g e for digital transformation but also to employees. However, during the learn from past experiences. pandemic, all these doubts and distrust vanished without leaving With the key identifications and any traces. understandings, you can take these five steps forward to attain digital It was nice to see organizations of transformation in the post-COVID small sizes relied on tech platforms world. and the corporate teams using them kept on delivering exceptional PROTOCOL ONE Digital results. It's not like, those tools Transformation is More Than were suddenly invented, but they Technology Adoption were already in use but used at the A sudden change that forced a fullest potential for the first time. swarm of workers to remote Previous barriers to adopt, platforms brought about many integrate, use those technology changes that were not possible tools were shoved aside and those before. Companies rethought and who moved faster experienced redesigned their supply chains, immediate results. automated manufacturing, used The COVID-19 forever altered how predictive maintenance to gain global organizations used to insights into the factory floor to operate. Organizations and IT avoid disruptions and more. All business leaders become more these changes were not temporary. trusting of how people, processes, Adaptability became a mandatory and technologies are capable, business competency and an resilient, and adaptable for a long- accelerated pace of innovation has term change. become a new normal. PROTOCOL Two The Power of People The COID-19 Pandemic accelerated the pace of digital transformation in Digital transformation initiatives are a true sense. Many organizations hard to succeed if you lack strong were complete with the technology and visionary leadership. During the adoption that previously shown COVID—19 pandemic, we resistance. Besides, before the understood the two vital onset of the Pandemic, many dimensions of digital organizations distrusted transformation – employees are as technologies, their capabilities, and valuable as your customers, and a doubted the skills of their digital-ready culture is mandatory to | Digital Transformation in the Post-Covid World
13 | P a g e survive in today’s hypercompetitive people who are going to be world. impacted the most; hence, involving them at every stage of change and Business leaders will now be tasked adoption is very much necessary. with another opportunity alongside finding new digital tools – motivate, A digital transformation process train, and inspire people to embrace must be perceived to make people’s the change that comes with the life easier and more productive. digital culture. Digital People resist the too-much-too-fast transformation in the post-COVID approach as they consider world is about working through the technology as their immediate people by providing the tools, replacement. energizing them, and listening to them. Involving people right from the start and conveying the message Investing in the latest devices and transparently throughout the most advanced technologies is transformation plays an important surely the most common role in successful digital misconception amongst business transformation. leaders. Although it brings new capabilities to the business, it won’t Adopting digital tools largely solve problems if your employees centers around employees and are not skilled to use them. It's easy customers, like workforce training to fit the needs around the and customer experience equipment but equally hard to management. empower employees. Incorporating The changed customer behavior is demos, pilots, training, practices, expected to continue even after and design processes help in COVID-19, therefore, customer facilitating a greater understanding experience management with of the new technologies. It allows “improved customer service” will receiving and offering feedback a be the epitome of digital seamless process. transformation in the post-COVID As employees interact with world. In addition to that, employee processes daily, their inputs are well-being is among the highest more valuable. They can guide on priorities for many businesses. what’s working and what’s not. With every technology adoption, it's | Digital Transformation in the Post-Covid World
14 | P a g e PROTOCOL – 3 dramatically fats-track the Prioritizing Process Automation development of machine learning models. Traditional coding The COVID-19 pandemic shook many platforms will take a back seat and businesses at its core and forced no-code platforms will witness them to deviate from their original enhanced adoption. In simple terms, status quo. Yet, businesses started AutoML will significantly amplify the prioritizing the development of impact of digital transformation new, automated processes to post COVID. address the realities of COVID-19. Many companies will stick to the In those challenging times, remote working model or adopt the businesses faced new opportunities hybrid working model after the and by re-analyzing processes, they COVID pandemic. It means almost tried to grab them. They prepared a three times the workforce is likely to new course of approach by continue working from home. deploying technologies throughout Therefore, organizations need to digitization projects to reduce costs implement new technologies and and achieve leaner operations. automated tools to support their Using technology to automate remote workforce. Support in terms activities right from copying and of intelligent automation to handle pasting content from one system to line-of-business, document another, right up to cognitive automation, and automating solutions that can ‘think’, learn, and customer experience and service. reason like humans. In the post-COVID world, Robotic Process Automation (RPA) organizations will start applying AI, was a strongly emerging technology automation, and other technologies before the pandemic. In the post- to make workflows more intelligent COVID world, RPA will gain more and automated. Henceforth, the momentum and will find a place to focus will be on automating the be embedded in several intelligent supply chain, processes, and automation suites that enable workflows. digital transformation. PROTOCOL Four No-code machine learning will Increased Investment in Cybersecurity become mainstream. In the post- COVID world, AutoML will The global COVID pandemic not only disrupted business operations in the | Digital Transformation in the Post-Covid World
15 | P a g e short term but also influenced how world expenditure and investment businesses will behave in the years in data protection, privacy, risk, that follow. The COVID-19 for sure compliance, and resilience will caused a widespread disruption in increase. cybersecurity operations, which is supposed to impact strategies, In the new normal Disaster investment, and priorities in the Recovery Planning (DRP) and post-COVID world. Business Continuity Planning (BCP) will be an ongoing focus. Remote working was a particular issue that increased the risks of Migrating on-site computing to the incidents like phishing and data cloud has become a synonym for theft. Larger corporations cybersecurity. In the coming years, it comfortably got away from the is expected that organizations will storm, but mid and small size invest more in cloud security such as companies are still fighting the dual- or multi-factor authentication hovering dilemma. Even though, and digital identity management. expenditure on cybersecurity is Henceforth, it will become a priority expected to rise in the coming to implement enterprise-wide dual- month's data privacy will continue and multi-factor identification tools, to remain a pressing issue for many encourage employees to use a businesses. certified password management tool to protect their information, Various businesses have been and reiterate the very real risks affected due to loopholes in data related to sharing passwords and security. The extent to which those digital information in general. businesses were affected varies according to industry, size, and “Defense is the best offense” – it’s geography. Mid-sized companies true here in a way. Out-of-date suffered the most due to higher cybersecurity can be one of the network and employee disruption, biggest growth inhibitors during with an equally higher number of digital transformation. cyber-attacks. Identity, access management, data protection, and privacy are considered prime areas of spending. It is expected that in the post-COVID | Digital Transformation in the Post-Covid World
16 | P a g e Errin O’Connor, Founder and CEO of EPC Group Errin O'Connor is the founder and chief architect of EPC Group. For the last 24 years, O'Connor has been assisting in managing EPC Group's corporate strategy. He architects the proven methodologies around business intelligence, collaboration, enterprise content management, and custom application development. PC Group has completed more than 5,000 Power BI, SharePoint, Office 365, and Microsoft stack-related implementations, including efforts around business intelligence (BI), custom application development, hybrid cloud strategy, Microsoft Azure, Office 365, SQL Server, Microsoft Intune, Amazon Web Services (AWS), and Microsoft Project Server. O'Connor is a frequent speaker at Microsoft Power BI, Office 365, and Microsoft SharePoint events throughout the United States and Canada. For more information about O'Connor and EPC Group, visit www.epcgroup.net. EPC Group has a long history as one of the leading Microsoft Power BI, Office 365, MS Teams, and SharePoint technology consulting and software integration firms in the country. We leverage our time-tested deep expertise through proven “From the Consulting Trenches” strategies that serve as the foundation for our solutions and services for thousands organizations. EPC Group has designed this document to help companies advance digital transformation and enhance customer experience, regardless of where the organization is on its digital transformation journey. It recognizes key considerations for digital transformation, outlines five-step process for advancing the next generation of digitization in post-COVID world, and identifies scope for technologies, resources, and trends facilitating digital transformation. For more information, contact marketing@epcgroup.net Stay Connected @2021 EPC Group, Houston, Texas, USA. All right reserved. EPC Group believes that information provided in this document is accurate as of its publication date; such information is subject to change without notice. | Digital Transformation in the Post-Covid World
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