eBooks/eGuides

Retail-ebook

Issue link: https://insights.oneneck.com/i/1337644

Contents of this Issue

Navigation

Page 8 of 12

Contact Us Connect The strategy for success Chapter 6 Taking a business- outcomes approach Now that you know the capabilities you need to enable, the next step is taking a strategic, outcome- oriented approach that matches the general requirements for digital transformation to your specific business needs. For more than 30 years, Cisco has partnered with retailers to provide innovative technologies to help achieve a truly unified omnichannel experience. Based on a business-outcomes approach, today's digitally transformed organization can reap the benefits of digitization and prepare to compete now and in the future. Step 1: Define the capabilities to transform. Technology must be aligned to, and support, business goals. In order to define the appropriate technology capabilities that will support your business goals, you have to first determine your business initiatives, then identify the capabilities that deliver against those priorities. With a thorough understanding of the market and your customers' needs, you can create a strategy that focuses on execution of business initiatives using technology as a critical enabler. Step 2: Determine impacted metrics and value. Defining your strategy, outlining the impact of those initiatives, and quantifying that impact will ensure that you not only make a successful transformation, but also that you can measure and optimize your approach at scale. Taking the time to quantify the impact will enable you to prioritize the rollout of technologies based on the return your organization will realize from those investments. Technology that enables multiple business priorities will be more easily identified and prioritized to ensure a successful enterprise deployment that accelerates results against the bottom line. The five steps of a business-outcomes approach

Articles in this issue

Links on this page

Archives of this issue

view archives of eBooks/eGuides - Retail-ebook