Enterprise-wide Digital Transformation
Find out how our Consultants helped a Finance Company go digital in critical business areas of the enterprise over 1 year.
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A CASE STUDY
Year target to Go Digital
Years roadmap to fully Go Digital across the enterprise
Financial Services Company transforms itself to a Digital Business
Client is a Private Equity Finance Company with clients in diverse industries.
The Challenge
The Finance Company was looking to “go digital” over a 1 year period. Their main goal was to be seen as a Trusted Financier & Partner for small businesses in agriculture, microfinance and sustainable rural businesses.
Their main challenges were:
- Shifting people’s mindset from traditional ways of working
- Uncovering inefficiencies and consolidating processes
However, the leadership was absolutely committed to rally the organization to go Digital, putting them in a much better position to achieve their business goal in a year’s time.
Approach and Solution
Our Consultants facilitated the enterprise-wide Digital Transformation using a structured approach:
- Assessment of Current State and proposed a Target Digital State
- Assessment included understanding critical business functions & processes; people and their “digital mindset”; leadership and overall business goals
- Digital maturity assessment – at start of initiative & end
- Definition of the Target State
- State of practice and competitive analysis report with recommendations for “Going Digital” for their sector
- Design of Digitally enabled infrastructure and architecture
- Evaluation of tool for private equity investors
- End-2-end facilitation of transition of all existing data & workflows (on spreadsheets) to the tool. Worked with tool vendor SME’s & various departments in-house.
- Building a digital communication toolkit
- Developing a Digital Communication Strategy
- Evaluating cyber security policy and revamp of the same.
- Facilitated co-creation of digital strategy.
- Transition of Digital Plan to client & Formal transformation handover.
The Outcome
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