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Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC STEPS TO PREPARE FOR DIGITAL TRANSFORMATION

5 Steps to Prepare for Digital Transformation

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Page 1: 5 Steps to Prepare for Digital Transformation

Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC

STEPS TO PREPARE FOR

DIGITALTRANSFORMATION

Page 2: 5 Steps to Prepare for Digital Transformation

Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC

Data is now more valuable than physical property

REAL TIME BUSINESS IS HAPPENING

Airbnb

Largest hotel company does not own properties

Uber

Largest taxi company does not own taxis

Page 3: 5 Steps to Prepare for Digital Transformation

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WHAT ABOUT THE LARGE & ESTABLISHED?

Decades-old brick and mortar companies cannot simply digitize overnight

To balance old, asset-intensive business models with new opportunities you must:

• Establish a Stage Approach

• Leverage Real-time, In-Memory Information

Old, Asset-Intensive Business models

New Opportunities

Page 4: 5 Steps to Prepare for Digital Transformation

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WHY START NOW?

Preparing for Digital Transformation

provides great opportunity to:

REVIEW YOUR PROCESSES

REFRAME THE BUSINESS FOR DIGITAL INNOVATION

SET YOUR PRIORITIES

Page 5: 5 Steps to Prepare for Digital Transformation

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STEPSTO PREPARE

FOR DIGITAL TRANSFORMATION

Page 6: 5 Steps to Prepare for Digital Transformation

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PRIORITIZE WHAT MATTERS

Page 7: 5 Steps to Prepare for Digital Transformation

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Focus on the data that

ACTUALLY MATTERSto ensure processes support objectives

PRIORITIZE WHAT MATTERS

“We’ve found 40% of the data maintained in transactional systems doesn’t need to be there”

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Page 8: 5 Steps to Prepare for Digital Transformation

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VIEW DATA FROM TOP-DOWN

BE RUTHLESS WHEN EVALUATING METRICS. ONLY

CHOOSE THE DATA THAT ENABLES BUSINESS PRIORITIES

What critical insights will enable you to make better decisions about growth, risk mitigation, and operational efficiency?

What’s the process for collecting and analyzing that information in your systems?

How do you measure your key performance indicators (KPIs)?

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Page 9: 5 Steps to Prepare for Digital Transformation

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START WITH WHAT YOU HAVE

SMALL

Page 10: 5 Steps to Prepare for Digital Transformation

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2

INFORMATION GOVERNANCE

SUCCESSFUL

BOILS DOWN TODIGITIZATION

Page 11: 5 Steps to Prepare for Digital Transformation

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INFORMATION GOVERNANCE2IT’S NO LONGER ABOUT

CONTROL

CONTEXTIT’S NOW ABOUT

Page 12: 5 Steps to Prepare for Digital Transformation

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[INFORMATION VALUE MANAGEMENT®]2THE BUSINESS PLATFORM FOR DIGITAL TRANSFORMATION

Delivers the METHODOLOGY

for a data management organization

Provides a content rich LIBRARY of accelerators

Drives a prescriptive FRAMEWORK for data

standards & business rules

Provides a MISSION CONTROL CENTER for business teams

collaboration

Download our free Information Value Management® Brief to learn more

DOWNLOAD

Page 13: 5 Steps to Prepare for Digital Transformation

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ESTABLISH A SIMPLE & SCALABLE OPERATING MODEL

Page 14: 5 Steps to Prepare for Digital Transformation

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DON’T REINVENT THE WHEEL3PROJECT BY PROJECT

REQUIRES DATA REWORK EVERY TIME, WASTING TIME, MONEY

AND EFFORT

PROGRAMS

CONSISTING OF A CENTRALIZED, SUSTAINABLE STRUCTURE

FOR CAPTURING, ANALYZING AND EXECUTING DATA INTIATIVES

VS.

Page 15: 5 Steps to Prepare for Digital Transformation

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CONVERT FROM

PROJECT TO PROGRAM3

COLLABORATION BETWEEN BUSINESS & IT

CHANGE MANAGEMENT

OPERATING MODEL WITH CENTRAL FRAMEWORK

PROGRAMS REQUIRE:

Page 16: 5 Steps to Prepare for Digital Transformation

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CENTRAL FRAMEWORK

THE OPERATING MODEL3APPLICATIONS ERP SYSTEMS DATA MANAGEMENT SYSTEMS

• What information is important• What “good information” looks like

WITH A SINGLE DEFINITION OF

Page 17: 5 Steps to Prepare for Digital Transformation

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LEVERAGE ASUITE OF PROVEN TOOLS

Page 18: 5 Steps to Prepare for Digital Transformation

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TOOLS & CAPABILITIES NEEDED4BEFORE HOSTING YOUR DATA INTO A SYSTEM,YOUR SUITE OF TOOLS SHOULD BE:

SAP Information Steward (IS) Data Profiling

SAP Data Services (DS)Data Transformation and Cleansing

SAP MASTER DATA GOVERNANCE (MDG)Master Data Change Management

SAP SOLUTION MANAGEMENT (SolMan)Application Lifecycle Management

SAP LANDSCAPE TRANSFORMATION (SLT) Data Synchronization

Page 19: 5 Steps to Prepare for Digital Transformation

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LEVERAGING THE TOOLS 4UNDERSTAND WHERE THE TOOLS IMPACT YOUR BUSINESS

CONSIDER THE QUALITY OF INFORMATION ACROSS THE LANDSCAPE

APPLY WORKFLOW TECHNOLOGIES TO CLOSE GAPS

STARTING WITH PREDICTIVE DATA GOVERNANCE

WILL DRIVE IMMEDIATE VALUE IN THE PROCESS

Page 20: 5 Steps to Prepare for Digital Transformation

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MEASURE READINESS

Page 21: 5 Steps to Prepare for Digital Transformation

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5MEASURE READINESS TO ENSURE BUSINESS DESIGNS ARE COMPLETE BEFORE MOVING ON TO THE BUILDING, TESTING & DEVELOPING STAGES

Page 22: 5 Steps to Prepare for Digital Transformation

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HOW TO MEASURE READINESS5EVALUATE THE FOLLOWING WITH YOUR TEAM ON A REGULAR BASIS:

DO WE UNDERSTAND WHERE OUR DATA COMES FROM?

ARE OUR PROCESS CHANGES IN LINE WITH OUR TECH ABILITIES?

IS THERE AN ORGANIZATION-WIDE APPRECIATION FOR FOLLOWING GOVERNANCE RULES

Page 23: 5 Steps to Prepare for Digital Transformation

Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC

DIGITIZATION

THE BEST TIME TO START IS

NOW!

THE CLOCK

IS TICKING

Page 24: 5 Steps to Prepare for Digital Transformation

Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC

DOWNLOAD NOW

White Paper:“Getting Started with Data

Governance”

Learn more about our software: Information Value Management®

Solution Brief

DOWNLOAD NOW

MORE RESOURCES

Page 25: 5 Steps to Prepare for Digital Transformation

Contact DATUM

Learn more at…www.datumstrategy.com

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Phone: 888-966-9920

Email: [email protected]

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