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The Business Transformation Management Methodology (BTM²) is the world's first holistic and integrated approach to transformation, which is also integrated with the Digital Capability Framework introduced above. What is digital transformation in business? How does Digital Transformation support Business Continuity post Coronavirus Pandemic? 6. This post serves as an introduction to an intensely documented approach to holistic business transformation management, which addresses the transformation journey from strategy through to business benefit realisation and everything in between. While change simply creates a better version of the past. In over 100 bite-size lessons, you will learn how to orchestrate digital business transformation at companies with workforces that range from several hundred to several hundred thousand. Governance, mindsets, business models, innovation, digital use cases, etc. BTM² was the world's first holistic business transformation management methodology that provides a framework with clear phases, deliverables and corresponding methods. Project management focuses on detailed specification and the “how” of implementation, along with control of activities to produce products. Consulting Services. When we add business transformation and digital transformation into the equation, there are even far more pieces to be mapped, enhanced and connected and more ‘holistic’ bridges to be built, including on the business … Competence and Training Management identifies and analyses training needs and objectives, develops training measures for the identified gaps, foster the learning transfer and analyses the success of the measures. can bring about the most rewarding business transformation when used strategically, only through the innovative convergence of digital technologies can companies truly transform through new business models and ways of working. of business transformation. The course starts as soon as you enroll and start learning. How to Become a Certified Digital Leader How to become an effective digital leader is something that many in senior positions are asking themselves. Organizations must first determine the right mix between digital optimization and transformation. Module 1 - Transformation: Learn the fundamental difference between change and transformation, and how transformation is about creating a new future, without the constraints of the past. You will learn the characteristics of digital organisations, develop strategies for digital business models and learn how to … THRIVE equips you to facilitate a Holistic approach to transformation, and avoid the blinkered and siloed approaches that many take. The most important digital transformation trends of 2021 save companies money and offer tangible business benefits. The momentum to adopt the new technologies and operating models needed to capture these benefits continues to build. Digitization has become deeply embedded in banking strategy, as nearly all businesses and activities have been slated for digital transformations. In business process transformation we need to look at several components as well. Digital transformation is about moving fast, challenging the status quo, and developing and scaling new technologies and operational mindsets. It includes stakeholder management, benefit realisation, dependency management, transition management/change acceptance and integration with corporate strategies. Seasoned project managers already know the importance of a sense of urgency, planning, accountability and other prerequisites for successful project management. The 3 pillars of digital transformation. Incubating Emerging Offerings. It is often said that strategy is three times more difficult to deploy than develop, which explains why so many strategies result in a painful execution journey for everyone involved. Digital transformation is a very broad topic, and it … It is described in this 348 page reference book which refers to countless external resources. Our always-on learning agenda drives their continuous improvement. In our 2016 survey, the rate of success was 20 percent; in 2014, 26 percent; a… Module 7 - Roadmap: Learn how in a non-prescriptive manner, the THRIVE roadmap can help you draw upon the six THRIVE guiding principles and the body of knowledge in a way that works best for your organization. Seasoned project managers ready to build upon their core expertise should take this course. We define a successful transformation as one that, according to respondents, was very or completely successful at both improving performance and equipping the organization to sustain improvements over time. The next level down is shown in the chart below and a detailed body of knowledge resides within each of the many components. This means they have a significant head-start over others who aspire to manage and lead transformation. The innovative Digital Transformation MBA at GBS is the only MBA program in Germany with a dedicated, industry-wide focus on digital transformation. View the video modules below to get an introduction to your instructor, Rob Llewellyn and experience the topics and lessons within the course. In over 100 bite-size lessons, you will learn how to orchestrate digital business transformation at companies with workforces that range from several hundred to several hundred thousand. Module 4 - Innovation: Learn that while Cloud, Mobile, the Internet of Things and Robotics, etc. Doing business in a digital world means coping with the torrent of structured and unstructured data pouring in from seemingly infinite sources. That said, every senior manager or leader involved in transformation should have a solid understanding of the concepts taught in this course. His place in the transformation space resulted in the launch of CXO Transform - a platform dedicated to helping seasoned professionals get better equipped to manage and lead transformation. Programme management aims to support the implementation of the transformation strategy in order to achieve the business benefits described in the business case. Digital transformation has become a major focus and challenge for organisations all over the globe. Wider adoption of low-code, MLOps, multi-cloud management and data streaming will speed companies along on their digital transformation journeys. Organisations need to ensure that their digital business transformation leaders do not fall into the pitfall of placing an unbalanced emphasis on technology, process and some project management, while paying lip-service or light touches to the other transformation management disciplines. The identification of end-to-end business processes and the assignment of responsible process owners is a major task. If digital business transformation efforts are to be successful, all of the above nine transformation management disciplines need to be adequately addressed, and it is worth noting that technology is just one of nine disciplines in the list. From strategy through execution and value realization, you will gain a broad knowledge of transformation that no digital economy executive can afford to ignore. By answering these questions, they set the strategic direction, the execution of which will require significant changes across many aspects of the business. You have access to the course and exam for 12 months. Digital transformation offers organizations the potential to compete, stay relevant and reduce the cost of delivering services to customers and running business processes. The significant advantages of digitization, with respect to customer experience, revenue, and cost, have become increasingly compelling. Opportunities to upgrade workforce capabilities need to be identified and people made to feel safe and comfortable about innovation, success and failure. Watch the webinar to explore The definition of digital business and the crucial role data quality plays in both tactical and strategic success. It addresses individual disciplines which include guidelines, leadership, culture, values, and communication. Digitalisation is fast becoming the driving force in business. So manufacturers can confidently define a path towards enhanced optimization and flexibility in the world of production and manufacturing. We define digital business transformation as organizational change through the use of digital technologies to materially improve performance. This highlights the fact that transformation is less about technology and more about people and business. The Business Transformation Management Methodology (BTM²) is a four-phase holistic and integrated business transformation management methodology developed. Module 2 - Holistic: Learn how transformation requires a fundamental shift in multiple components of an organization. BTM² is a leading holistic and integrated business transformation methodology which is based on academic and business research and has been used and validated in multiple business cases. This Master’s degree programme is designed to equip students with the knowledge and skills required to guide their organisations through the complexities of digital transformation. The MSc in Digital Transformation Management & Leadership is specifically designed to help participants prepare for key roles in the management of business innovation, allowing them to meet the increasingly important yet complex business challenges related to digital transformation … On the contrary when MDM is part of the digital business transformation strategy, it optimises results, reduces project risk, and enables new revenue opportunities. 22. From strategy through execution and value realization, you will gain a broad knowledge of transformation that no digital economy executive can afford to ignore. The program was initiated by GBS together with the House of IT and teaches fundamental and in-depth management skills against the backdrop of digital transformation. This course equips seasoned project managers with a framework that complements their existing knowledge and experience, to help them orchestrate transformation from a 360° holistic perspective. You innovate, digitize and transform. Platforms. Module 8 - Exam: Prepare yourself using the revision tests in the seven previous modules to pass the final multiple choice online exam and become certified. To succeed, organizations must be adept at accessing, preparing, cleaning, managing and governing data. User-Centered Design — mobile first and personalized. Everything about digital transformation and disruptive business models seems to go against the traditional IT concepts of risk containment and controls. Business Process Management. Because despite increasing talk and attention around the. In too many cases, business leaders fill this knowledge gap with highly-paid consultants who deliver the hype of digital transformation instead of measurable business value. A Framework for Digital Transformation Digital transformation frameworks are what separate successful transformation efforts from the unsuccessful. In the master specialisation “Digital Transformation Management” you will deal with theoretical, strategic and technological aspects of digital change in companies. Yes, by completing this course you can submit three (3) Leadership PDUs, two (2) Technical PDUs, and three (3) Strategic/Business PDUs by self-reporting in PMI's Continuing Certification Requirements System (CCRS). Master risk management. Strategy Development involves the selection of appropriate team members, collection of data, analysis of transformation needs and readiness, design of a business vision, and a business model and the definition of an integrated transformation plan. Programme management focuses on high-level specification and the “why and what” of transformation. Budgets and timelines are frequently exceeded and stakeholders get tired of the noise excreted from the project, programme or portfolio due to inadequate transformation orchestration. This will immediately add credibility and weight to your CV/Resume, LinkedIn profile, job interviews, internal promotions, and separate you from the crowd. The colourful benefits on display in the business case begin to fade as it becomes clear that the planned return on investment is diminishing as more time and resources are sucked into the initiative. – Be able to suggest new business solutions enabled by advanced digital technologies, and recommend approaches to infrastructure and data governance to support digital transformation. Manage the complexity and broad scope of digital transformation with the Digital Transformation Management Software, powered by the Corporater Business Management Platform. These transformations help organizations compete more effectively, become more efficient, or make a wholesale strategic pivot. IT service management (ITSM) provides a structured process, approach and common language along with the governance needed to undergo transformation and maintain it effectively, often in auditable environments. Data management. Business transformation can aid cyber resilience and help organisations through uncertain times. This includes personnel, processes, and technology. The failed BBC Digital Transformation is one example, and thousands of others are swept under the carpets of companies who thrive on operational excellence, but discover to their cost that, transformation excellence requires a very different set of capabilities. It also improves IT operations and services, and manages the IT lifecycle. Research has shown that this common error is the basis for countless failed and struggling transformation programmes throughout the world. A digital transformation manager leads an organisation’s constant adaptation of new technologies, their implementation within the business and the overall digital processes. A definition from The Agile Elephant emphasizes all the ways businesses may need to adjust their existing practices: [Digital transformation] involves a change in leadership, different thinking, the encouragement of innovation and new business models, incorporating digitisation of assets and an increased use of technology to improve the experience of your organisations employees, customers, suppliers, partners and stakeholders. For instance, the digital transformation and project management experts at Digicoop.io, developers of the work management platform Kantree, have … Module 6 - Enterprise: Learn how transformation must encourage, embrace and educate people from across the enterprise and build a collaborative culture of new capabilities and mindsets. “70% of siloed digital transformation initiatives will ultimately fail due to insufficient collaboration, integration, sourcing or project management.” Value Management relies heavily upon the engagement of stakeholders in the preparation of the business case and benefits plan to create the knowledge and commitment required to realise the benefits described in the business case. 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