3. Resources: Do your framework conditions fit?
While a lack of budget was the bottleneck for many years, today, human capital - i.e., IT specialists, data, and digitalization experts - is becoming the limiting resource. In addition, the digitalization of production is a change project that affects not only technologies but also people, namely those who work with the new systems. Non-cooperating employees worsen the ROI and, thus, the digitalization success. A smooth transformation also needs communication, a culture of error, a spirit of innovation, and accompanying change management.
4. Strategy: Which prioritization makes sense?
To ensure you use your budget and human resources efficiently in the plethora of technical possibilities, you must prioritize: What is the logical next step? With which project can you solve an acute problem or achieve quick monetization successes that motivate and release energy for further transformation? And which steps should you take today, even without quick wins, to avoid missing the boat? There is no "one-size-fits-all approach", but flexible and modular frameworks with which you approach your vision in learning loops are ideal.
5. Team: Where do you need support?
Planning and implementing a Digital Transformation requires a large ensemble of competencies. Successful digital projects, therefore, involve many employees and are characterized by cross-departmental cooperation and precise coordination. External experts can also help in various roles to compensate for missing skills and relieve employees - for example, as external CDOs, IT architects, security specialists, implementation partners, change managers, or in strategic sparring during the development of business ideas.