The need to fund digital transformation is critical, but even with proper funding, these projects are at risk without a strategy in place to enable the individuals who need to execute them with the right skills. Organizations should ask themselves what the skill set looks like to successfully ex...
The DLE talent development initiative aims to ensure that leaders in Malaysia's public and private sectors are equipped with the skills necessary to steer their respective organisations down the accelerated path of digital transformation. Aligned with MCMC’s National Policy Objectives to develop industry...
With some effort, they condense it into a vision-mission statement and communicate it to internal and external stakeholders. But if one looks at everyday practice, one will not find many employees who keep the vision-mission statement alive. Looking at the process of digital transformation, we ...
Take LifeScan, for example, an operation of Johnson and Johnson. With a long history in the medical devices field, its blood glucose monitoring (BGM) line is one of the most-prescribed brands in the industry. LifeScan is taking the conventional BGM device full-bore into the digital e...
and partners on how to fully engage with and improve a digital operating model. Practices associated with digital transformation, including design thinking, agile program management, DevOps, continuous improvement,digital innovation, automation, and data-driven organizational practices, can no longer be ...
Olmstead, Levi.“Digital Transformation in Pharma (+Examples, Challenges).”Whatfix.10 Oct. 2023. Freedman, David H.“Hunting for New Drugs with AI.”Nature.18 Dec. 2019. Liu, Angus.“Eli Lilly, spurred by AI analysis, starts pivotal study of arthritis med Olumiant in COVID-19.”Fierce...
Digital technologies are transforming operations, products and services in organisations large and small. The digital transformation of organisations is extolled as a solution to organisational challenges related to both efficiency and effectiveness. To date, there has been limited consideration of the chall...
Digital transformation is inevitable, but as a Times Higher Education gathering heard, getting it right is complex and fraught with challenges
The below graphic from the report demonstrates that budget commitment is the major challenge with digital transformation. The problem with budgeting for digital transformation is that most organizations are entering new territory and will have difficulty determining what to spend and where to spend it....
Talent deficit: There is often a notable lack of professionals with the necessary expertise for digital transformation, which presents an organizational talent challenge. Assessing outcomes: Determining the ROI of digital transformation initiatives is intricate, as the advantages might not be instantly visi...