Cracking the Code of Digital Transformation: Expert Secrets from D4M Leaders
About the Interview
One of the first things businesses ask themselves when they decide to go down the route of digital transformation is, “Where do I start?” This significant topic highlights how important it is to develop a solid plan of action to deal with any challenges that may arise. In this interview, CEO Chuck Stahl, COO Jean-Yves Durocher, and Senior Account Executive Alan Roy of D4M examine and define the initial starting point of a digital transformation journey.
As the conversation begins, the interviewees agree that the first step is to assess current operations and identify key areas where digital technology can have the greatest impact. But considering the wide range of options and costs, Alan wonders, “How do we know which technology is right and which is unnecessary?” Jean-Yves breaks down the solution into three key elements:
- Think about what raw material you already have in your inventory
- Think about the business goal and objective and try to boil down what would be the most relevant
- Think about what the prerequisites are (especially for AI)
Chuck wraps up the interview by discussing the origins of business objectives and how to determine the primary focus needed to achieve them. He emphasizes the importance of examining your data, understanding how your processes have evolved over time, and using key performance indicators (KPIs) of large manufacturing organizations as reference points.
In conclusion, launching a digital transformation project requires a thoughtful planning approach. Businesses can benefit from D4M’s insights by learning how to prioritize tasks and addressing the challenges posed by digital transformation.
