Making a Business Case
Consulting companies don’t have a problem making business cases for customers to become agile factories, for example, but getting the business case converted into budgets is where it can fall apart. Perhaps, for example, the business case involves a huge cost increase in IT, blowing the budget, while there is a cost reduction over the same period in core operations. Companies undertaking a digital transformation journey need to have alignment across the silos and not compete for resources with short-term thinking.
This brings us back to where we started, the ‘hearts and minds’ point of needing the buy-in from the whole C-suite, and the whole company. It’s important to extend innovation throughout the organisation – you don’t know where the best ideas will come from. Importantly, if your biggest asset – the human one – has the tools and the ways to innovate, and bring ideas forward, they will make a big difference.
So, how do you prove the business case for digital transformation, create a digital-first culture, and get buy-in from senior management?
Get out of “pilot purgatory” (remember, it is still an elephant). Get the connectivity and security foundations in place. And, most important of all, view your digital transformation through the lens of human transformation and human possibility.
Learn more about navigating the road to a successful digital transformation at the Management Perspectives hub. There, you’ll find insights and expertise from Rockwell Automation, our customers and our partners, helping you to unify your people, processes and technology and achieve better business outcomes.