Business@Digital Age

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  1. 1. Business @Digital Age
  2. 2. Agenda How to Transact your Business with IT. How to Transform your Business. How to Stay Ahead in Competition.
  3. 3. The Changing Business Land Scape Web life style Electricity as an example We need cutting edge weapons to win the war Our readiness for Digital Infrastructure
  4. 4. Information a lifeline of business Every business is Information Business How it changed GM Middle managers need as much business data assenior executives. Meeting for Status Updates - a sign of poorinformation flow.
  5. 5. Is it really hard to get Information? The Old Habit. Change Sales Manager to Business Manager Right Info to Right Person can change companydramatically. Integrate your partners. Improve Process Breakthrough. Start with all input. Look for form intensive area &replace with Digital Form.
  6. 6. Add VALUE to your Operation Remove all Duplicate and Redundant operation. Use People to add value to transaction. Value = Benefit/ Cost An example: Changing the Role of Sales Team. Those who can't add value with perish.
  7. 7. How to be FIRST in market? Customers want high quality product at low priceand they want it immediate. Insight from Automobile Industry. How we are doing this with our ExistingCustomers.A number on a piece of Paper is a Dead End. Anumber in Digital Form is the start ofMeaningful Thought and Action.
  8. 8. Manage by EXCEPTION One of the major function of the CEO is to look forbad signals and encourage the organizations torespond to it. You must know which account you couldn't win &which customer you lost. These signals tell where you need improvement.
  9. 9. Trade with INFORMATION We trade Information for Inventory. We trade Information for Risk. We take bold decision based on Data. Every strategy or concept is collection andcommunication of Plan, Execution and Analysis.
  10. 10. Shift your people to thinking work. Now you can make smart use of peoples time. Data mining, slicing and dicing. Use human creativity and skill to improve their jobbetter.
  11. 11. Knowledge Management Knowledge management start with businessobjective and process and a recognition of need toshare information. Knowledge management is a mean to build yourcorporate I.Q. You need high Corporate I.Q. to succeed. Use this corporate IQ in various are like starting anew project, developing a product,
  12. 12. How to get more?Empower your people Use portable device to empower your people. Re-Engineer your organization A good process will eliminate the wasted time.Technology will speed up the remaining real work. Step back periodically to take hard look at yourprocess.
  13. 13. Transform your Business Strategy Business Strategy in Digital Age Treat IT as Strategic Resource Learn about IT Bring IT under management deliberation &strategizing
  14. 14. How you gather, manage and useinformation will determine whether youwin or lose.Bill Gates
  15. 15. Thank You !Mauly Chandramauly.chandra@forceintellect.com+91 9993533344