Maifors Studio | Podcast

PE (and other business owners) have a DX (Digital Transformation) ROI problem.

Let me translate the acronym-speak: Private equity (PE) partners and, in a similar way, boards of directors and shareholders at public companies, are struggling to see the investment return from expensive digital transformation (DX) initiatives.

Globally, companies have spent more than $1.2 trillion on digital reinvention over the last few years. The hard truth is that over 70% of those initiatives fail.

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Part 1: To make digital strategies truly succeed, employ a human-centric approach.

As a business professional, it’s pretty easy to rationalize putting your digital transformation into play today. Not only does it allow better productivity and cost-saving, but it’s also an essential strategy in the face of the current COVID-19 crisis and the resulting forced work/buy-from-home setups. However, making this shift is more than just setting up network security or ditching your printer. Your entire organization has to support the change, help everybody develop the new capabilities they’ll need, and understand the impact on the business’s culture or structure. And in this sense, successful digital transformation is 100 percent about people.

Part 2: Digital Transformation Interview Questions (with Answer Tips)

In this episode, we’ll learn about digital transformation jobs, digital transformation interview questions and answers, job requirements, and more.

Part 3: Digital transformation: 4 strategy questions to ask

Are you putting user experience first in your digital transformation efforts? Let's examine questions to ask around change management,  internal champions, training, and metrics.

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Part 1: Why do we need to know this?

Digitization, Digitalization, and Digital Transformation have different meanings. It is good to have a clear understanding of the three. Understanding what the terms entail (especially between “digitalization”  and “Digital Transformation”) exposes us to concepts that are vital for businesses to stay relevant in this disruptive economy. 

Part 2: What CEOs Need to Know About the Cloud in 2021 

Medical researchers and innovators may be the heroes who will make our world livable again, but they can’t do it without the power of technology — especially cloud computing. This critical technology has enabled the rapid development of Covid-19 vaccines that, as of this writing, we hope will be as effective as clinical trials have indicated.

Part 3: Your Company Downsized During the Pandemic. Here’s How to Rebuild. 

As companies recover from their pandemic downsizing, they have a golden opportunity — and critical need — to reset their organizations to prosper in the era ahead.

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Changes in tide overnight

We have seen many innovations and technological breakthroughs changing the tides overnight. We saw digital cameras ending the dominance of Kodak’s films. We saw Nokia’s function phones being overtaken by smartphones. We saw the uprising of online shopping portals such as Amazon seizing huge revenue pies from physical stores. Companies that do not transform in time risk becoming obsolete.

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Part 1: DevSecOps: A Complete Guide to What, Why, and How

If done right, DevOps implementation should bring fruitful results to any organization: better collaboration between teams, faster time to market, improved overall productivity, and enhanced customer satisfaction, to name a few.

Part 2: As companies up their digital game, hardware spending will be replaced by integrative software and AI transformation.  

2020 has been transformative, to say the least, and that cuts much deeper than a new generation of people discovering Fleetwood Mac.

In our daily discourse, we have conveniently coined anything change-related as digital transformation. As we happily turn the page in 2020, companies are thinking about how to leverage digital transformation in 2021 and beyond. 

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When the pandemic hit, most financial institutions entered a crisis mode of building digital capabilities that allowed consumers to the bank without branches. As we enter 2021, banks and credit unions must rethink the definition of 'digital banking,' with the application of data, analytics, technology, innovation, and people that will transform customer experiences.

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How to Become an Agile Coach in 2020

If you’d like to take your career to the next level at the same time as providing a beneficial service to such businesses, consider learning how to become an agile coach. 

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On being digital - challenges and what to avoid.

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On being digital - FAQs & main challenges and how to win them.

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