Financial ManagementProject Management

Digital Transformation

In this course, you will gain the technical and managerial skills necessary to become a successful manager…

In this course, you will gain the technical and managerial skills necessary to become a successful manager in the digital transformation landscape.

About this course

This online short course offers a holistic digital industry overview, providing participants with the key skills and knowledge across major frontier technologies such as Artificial Intelligence, Big Data, 3D Printing, Internet of Things, Blockchain, Cyber Security, and many more.

This course will provide you with an understanding of IT-enabled changes in the business environment, and teach you how insightful executives leverage IT to create value and win competitive battles. You will also be presented to fast-paced case studies and examples at the end of the course.

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What Will You Learn?

  • Manage digital transformation initiatives
  • Gain a competitive edge in the field of digitalization
  • Develop an understanding of how major frontier technologies work

Course Curriculum

1. Introduction
Welcome to Digital Transformation!

  • Introduction

2. Essentials
In this chapter, we will take a look at the basic concepts of digital transformation. We will talk about the terminology and take a look at the evolution of the four industrial revolutions. Additionally, we will discuss the main benefits and challenges of digital transformation.

3. Managing Digital Transformation
Digital transformation can be a daunting undertaking. It requires a company-wide effort and buy-in from everyone, from the C-level-management to the front line. In this chapter, we will discuss how companies can manage and organize digital transformation processes.

4. Frameworks
Digital transformation frameworks are formalized approaches to digital transformation that provide guidance on how to plan and implement digital transformation initiatives. In this chapter, we will look at three popular frameworks from MIT Solan, Solis, and McKinsey.

5. Transformative Technologies
From artificial intelligence and robotics to 3D printing and nanotechnology, the technologies of the future are already starting to have a major impact on our lives. In the years ahead, they are set to change the way we live, work and play in profound ways.

6. Use Cases
In the previous chapter, we looked at individual technologies. In this chapter, we want to take a broader view and see how they combine and supplement each other. We will discuss how automated driving, digital twins, Industry 4.0, and smart cities can transform our lives.

7. Cyber Security
Cyber Security is the practice of protecting computer networks and user data from unauthorized access or theft. It is important because it helps to protect private citizens, businesses and governmental organizations against data breaches, cyber attacks, and other threats.

8. Conclusion
Digital transformation is a journey, not a destination. There is no “end state” that organizations can achieve — instead, they must continually adapt and evolve their digital capabilities in order to stay ahead of the competition. For this reason, it’s important to keep up with the latest digital trends. As you have learned in this course, digital transformation is the integration of digital technology into all areas of a business, resulting in fundamental changes to how businesses operate and how they deliver value to customers. It’s also a cultural change that requires organizations to challenge their assumptions about the way things have always been done and to embrace new ways of working. Digital transformation is necessary because the world is increasingly digital. Customers now expect businesses to have a digital presence and to be able to engage with them on their terms. They also expect businesses to be able to use data to personalize their experience and meet their needs in real-time. Organizations that don’t embrace digital transformation risk being left behind. They will miss out on the benefits of digital technology, including the ability to scale quickly, reach new markets, and create new customer value. They will also be at a competitive disadvantage to organizations that are able to use digital technology to its full potential. When it comes to digital transformation, there is not a one-size-fits-all approach. Every organization is unique, and the digital transformation journey will be different for each one. However, there are some common elements that are essential for all organizations embarking on this journey. First, it’s important to have a clear vision and strategy for digital transformation. This will help to ensure that the journey is aligned with the organization’s business goals. Second, it’s important to build a strong foundation for digital transformation. This includes ensuring that the organization has the right people, processes, and technology in place. Third, it’s important to create a culture of innovation. This means encouraging employees to challenge the status quo and to experiment with new ideas. Finally, it’s important to focus on continual improvement. Digital transformation is an ongoing journey, and it’s important to continuously monitor and adjust the strategy as needed. Digital transformation is a complex process, but it’s essential for organizations that want to stay competitive in today’s digital world. By having a clear vision and strategy, building a strong foundation, creating a culture of innovation, and focusing on continual improvement, organizations can set themselves up for success on this journey. Thank you for taking this course and good luck with the quiz!

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