How Does Digital Transformation Enhance Productivity?
Several organizations are getting up to speed and integrating various technologies to optimize operations as digital transformation becomes necessary, not just a nice-to-have feature. It plays a crucial role in the way businesses are run, the kind of customer experience we offer, and most importantly, employee performance and engagement. Contrary to popular belief, digital transformation is less about introducing technological interventions and more about changing the company culture positively, yet subtly, and enhancing it.
When done right, digital transformation initiatives trickle down to the way people think and work at your organization, which is why it’s essential to get them on board. A lack of enthusiasm from the employees regarding the digital transformation initiatives can become one of the biggest hurdles to a successful expansion. Moreover, digital transformation is not a real transformation unless it actively helps employees become empowered, successful and productive.
If you delay the initiative, you could put your workers at the risk of losing their skill set because they don’t adapt and learn to use new technology as quickly. If you truly want to make an impact, you don’t have to opt for a complete digital makeover, but a timely intervention is imperative to beat out the competitors.
Small and medium-sized businesses (SMBs) plan to restructure their businesses to operate in a digital future, with 75% of those polled agreeing that digital technology is changing how they do business.
Some of the reasons you want to enhance digital productivity at the workplace include the following:
– Due to COVID-19, you must meet new printing and scanning criteria.
– As you resume operations, you’re looking for methods to save money without reducing shortcuts.
– You want to innovate ways to protect employees’ health when using printers.
Here are some of the benefits of digital transformation in enhancing workplace culture and productivity.
Encourages teams to collaborate
Digital transformation initiatives are meant to bring different teams within your organization together and allow them the space to work collectively and cohesively. This is the perfect opportunity to let each function work together toward one goal and enable digital solutions to make it easier. Loop them in to get more insight about what works within the organization and what doesn’t to encourage more conversation around areas of improvement. This helps the employees to think more openly about the impact they make on the enterprise and how to implement the best solution.
Despite the pandemic, direct investments in digital transformation are expected to be more than $6.8 trillion by 2023. Despite this, $112 million is lost for every $1 billion invested in digital enterprises that fail. Several companies may understand the importance of seamless interactions across time, projects, people, and profit by fully embracing digital solutions. Leaders may collaborate on resourcing procedures and allow project and resource managers to discuss the best resources for projects.
Easier project management
Project management is crucial to digital transformation because it creates the right synergy between cultural benchmarks and technological intervention. You no longer want to spend excessive time on too-difficult-to-understand project tracking software, but instead, project managers can use live resource inputs in real-time. This allows them to communicate with different teams easily and manage them easily. They can also execute projects more efficiently and serve their customers.
Automation has become a vital stop on the way to digital transformation to stay competitive. Thanks to automation software, businesses gain greater results for less effort, making everyday processes easier and more effective. Project managers can breathe a sigh of relief since project time monitoring software can take care of heavy labor, analyze real-time data, and recommend the best options. This helps individuals make difficult judgments and respond to problems before they arise.
HR departments might use automated hiring technologies to make the best hiring decisions. For a business, automation is essential: “When it comes to enterprise firms and where digital transformation begins, the hiring process is where it all begins. Enterprise recruiting teams are more streamlined and efficient in hiring the best personnel due to digitally transforming HR. It’s critical to have the correct applicant tracking system (ATS) in place to help you engage with prospects and employees both before and after they’re hired. The average time to hire a company using a historical applicant tracking system is over 42 days. In contrast, the time to recruit for a company using a more modern applicant tracking system can be cut in half simply because of the built-in automation and integrations these newer products have.
Remote workforce and management visibility in real-time
Recently, many service-oriented organizations have developed regulations regarding remote working. However, putting together an efficient remote workforce is more difficult than it seems. A remote project manager has numerous obstacles, ranging from delayed decision-making to managing global resource pools and lacking responsibility to productivity issues. Project and resource managers can establish a productive remote workforce while preserving and securing firm data with the correct project time tracking, analytics, governance, and practice-centrics digital technologies. Embracing digital transformation at the right time will help your business transition successfully into the future and beyond.