Digital Transformation for Sustainable Growth
October 29, 2024 | Blog
Overview of the Event
The market’s trajectory leans toward sustainability as everyone lessens their carbon footprints and positively impacts the environment through indirect or direct business plans. So, how can digital transformation help organizations fulfill their part and support the initiatives toward sustainability?
The simple answer? Involve the people. From experts to analysts to simple ideation and employee feedback, these are all crucial in making a sustainable and compelling business plan.
Time to Go Sustainable Through Digital Transformation
- Sustainable Business Plan
- Involving People in the Process
- Long-term investment in Technology
- The Future is Sustainable through Digital Transformation
- Let’s Venture Sustainable Growth Together
Sustainable Business Plan
Growth is not linear. Growth is a series of trial and error, where you check what works for you and what does not. Sustainable growth, however, depends on the company’s initiative. The more proactive the company is in its sustainable plan, the better the long-term outcome for its sustainable growth. Today, most businesses shift toward sustainability as part of being compliant, sustainable, and responsible organizations. Digital transformation is how many businesses increase their part and positively impact the world. By definition, “Digital transformation is the rewiring of an organization, with the goal of creating value by continuously deploying tech at scale. A clear digital transformation strategy focused on specific domains and enabled by a set of specific capabilities is critical for organizations to not only compete but [also] survive. Digital transformations are not a one-and-done project; most executives will be on this journey for the rest of their careers,” said McKinsey & Company.
Involving People in the Process
Meanwhile, Sudhanshu Duggal, a C-suite global transformation leader with a digital and business transformation track record, shared in his Forbes article the importance of involving people in business planning. “Maintaining sustainability, diversity, ethics, and inclusion as core components of the organization’s strategy is imperative for future relevance. This requires a mature understanding, making choices on enterprise digital strategy, and commitment to goals that drive future sustenance. This approach enables a future-ready workforce and value chain,” he said. “A future-ready enterprise is not an unachievable fad. The first step is conducting a comprehensive business and digital strategy assessment across key business objectives and organizational and strategic growth imperatives.”
Also read: Modernize Your Financial Management with Digital Transformation, Here’s Why
Long-term investment in Technology
Another one that will help you to go for digital transformation and sustainability is to invest and to think long-term when it comes to tech for your business. “Clarifying the shifts in the market and consumer habits makes it important to connect the dots between fast-paced digital trends and business opportunities. Embracing the necessary technologies and adopting a platform-centric approach is crucial to adopting these changes. For businesses, this means building a platform that enables meaningful engagement across diverse go-to-market landscapes, reshaping new ways of working,” Duggal added. “A future-ready enterprise is not an unachievable fad. The first step is conducting a comprehensive business and digital strategy assessment across key business objectives and organizational and strategic growth imperatives. This should include evaluating the competitive landscape, understanding the consumer landscape within the business’s domain, and identifying specific gaps in the organization’s strategic imperatives.”
Also read: GUIDE: When is The Best Time to Invest and Upgrade Software?
The Future is Sustainable through Digital Transformation
In the Intelligent CIO report, Rod Neale, CEO and Founder of Circular Computing, elaborated on the importance of the involvement of C-Levels leaders, especially the CIO, in making sure that tech and sustainability are both addressed and equally valued parts of going business green.” For multinational corporations, the focus has broadened from just carbon emissions to a circular economy model, encapsulating responsible resource consumption, recycling, and waste management. As a result, CIOs are being tasked with more than just ensuring the smooth operation of IT systems; they are now expected to drive sustainable digital strategies, helping businesses reduce their carbon footprint while concurrently optimizing operations,” he said. “All businesses, regardless of size and sector, are responsible for managing and minimizing their environmental impact, and the CIO holds the keys to a wide range of technologies that can be part of the problem – or part of the solution – depending on how they approach that responsibility.”
Let’s Venture Sustainable Growth Together
ITG has been the leading IT Solution Partner in the Philippines and the ASEAN region. ITG is your leading technology partner for system-wide innovative solutions to accelerate your business plans and goals, delivering seamless integrations and processes, from Business Management Solutions, IT Management, Integration & Automation, and Enterprise Data Management to IT Infrastructure. We are also an ISO 9001:2015 Certified company with regional offices located in Indonesia, Singapore, and Malaysia, helping 200+ clients across the region on their digital transformation journey, along with our technological partners, gaining a solid portfolio of 250+ successful projects.
Also read: Business Mindset B2B and B2C Experience: Importance and Difference
With our technological partners, such as ManageEngine, Red Hat, Oracle NetSuite, BlackLine, Workato, and EDB, to name a few, we can help you with your sustainable growth through digital transformation. Learn more about how we can help you today.
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