digital transformation Archive - Page 4 of 5

Consulting 21. March 2021

Status quo: medium-sized IT management consultancies and the digital transformation

Management consulting is one of the industries that is highly dependent on digitalization benefits. Admittedly, management consulting is to be seen as one of the sectors that sets up, directs and is involved in implementing a large number of projects for the digitization of companies from a wide variety of industries (Werth et al. 2016). But what potential does the consulting industry itself have? IT management consultancies & digital transformation Consulting is a service that provides added value for the customer through specialist knowledge in one or more areas. The concept of consulting is the often used Angliscism of advice and consequently the synonym for “consultant” can often be found again (Hoffmann 1991). Management consulting, on the other hand, is a branch of consulting that specializes in supporting companies with regard to organizational and process optimization (Hoffmann 1991). According to the Federal Association of German Business Consultants, this sub-area generated…

Digital change 21. March 2021

Innovation in medium-sized companies – agile and digital?

“Innovation in medium-sized companies – do we have to worry? “asks Sebastian Grimm in his article and based his question on the results of a study: The market research department of the KFW banking group published its current results on all aspects of innovation among German medium-sized companies. The results can be briefly summarized under one sentence: Germany suffers from a lack of innovation. Is that now threatening or are or have the past few years only been characterized by a very high level of innovation that is now returning to normal? No wonder when you read headlines like: Many banks’ computer systems are complex. Unfortunately, they are often completely out of date and hardly anyone still understands them. At many banks, the retirees now have to answer ( WiWo ) or also in the WiWo : ” Old people in the executive suite make people tired of innovation “.…

Consulting 21. March 2021

Consulting Y – agile IT service provider – agile consulting?

When you hire a service provider, you want them to be on hand with help and advice. Lately I’ve been reading articles a lot, but they criticize the fact that consulting often provides too much advice instead of action. Specifically, the criticism means that too much theory is sold at a high level and too little real advice takes place. This criticism hits IT service providers particularly hard. So shows Nicolas Kittner this in a quote on: The problem with most consultants is that they are only consultants. They are on a meta-level, everything is macro, nothing micro. It’s about trends in the market, about processes, about structures, about price models, about business plans and brand strategies. But consultants need to know the micro, they need to know how to turn an e-commerce strategy into a shop, how to build a prototype from an idea, how to develop a product…

Consulting 21. March 2021

Whitepaper: Consulting 4.0 – Mittelstand advises SMEs

Digitization as a megatrend continues to shape economic and social coexistence enormously and is increasingly found in almost all areas of a company (Kreutzer and Land 2013). In short, digitization is understood to mean the implementation of business models, from products and services to processes, to computer-based formats, which can then be further processed with computers (Kreutzer and Land 2013). This development results in new or at least changed business models for almost all branches of industry and company sizes (Bengler and Schmauder 2016). Medium-sized companies on the advance Management consulting is one of the industries that benefits greatly from digitization. Admittedly, management consulting is to be seen as one of the industries that sets up, directs and is involved in implementing a large number of projects for the digitization of companies from a wide variety of industries (Werth et al. 2016). But what potential does the consulting industry itself…

Digital change 21. March 2021

Digital transformation: better at home than at work?

Already in 2016 the following line was found in the WiWo: “Digitization at the workplace: home office usually better equipped than office”. The hosting service provider Host Europe carried out a survey of 1,000 knowledge workers and came to the conclusion that there was a large discrepancy between digitization in the home office and takes place in the workplace. I would like to get to the bottom of this thesis. You are welcome to say in advance Articles on the digital workplace and the Definition of the digital transformation read. Digital transformation Workplace vs. home office Already on mine Round tables the representatives of the union have shown that home office has already established itself in most German corporations and that virtually every knowledge worker can work at home at least one day a week. I am also allowed to work from home on a regular basis and, like many…

Digital change 21. March 2021

From the age of knowledge to the digital age

How often do you look at your smartphone per day without it ringing? Even during working hours, we find ourselves regularly checking our display for new messages, whether it is flashing or not. But why do we feel this need to pick up the “phone” without being called or receiving a message? (Source Hubspot ). Many outside of Generation Z know a time before the smartphone. But how has our society actually changed from the age of knowledge to the digital age? The age of knowledge Meanwhile, a new age has arrived: the knowledge and service-oriented society. Above all, different and inconsistent processes are in the foreground. Today’s customers want individual advice, depending on their particular starting situation. A complex world with almost unmanageable access to innumerable sources of information requires knowledge workers (so-called “knowledge workers”) who work together to find tailor-made solutions (source: Adesso). That’s how he defines Blog…

Digital change 21. March 2021

The influence of digital transformation on medium-sized IT companies

Digitization has a profound impact on everyday private and professional life. Companies are introducing a series of tools and new technologies to digitally support processes. In addition to their own resources, the companies also like to use external service providers. But that too is changing, as is the service provider Arvato states in his blog: The digital transformation creates new forms of cooperation in the company with external partners such as suppliers, consulting and IT service providers as well as with cooperation partners for the development and marketing of products and services. But how is such a new collaboration designed and what does that mean for German medium-sized companies? Does a classic IT service provider have to reinvent its business model or is it enough to turn a few screws? Digital transformation in medium-sized IT companies What tasks do outsourcing service providers and consultants have in the digital age? That…

Digital change 21. March 2021

VUCA world and the digital transformation

“We live in a VUCA world” has been heard and read more and more recently. However, the term VUCA is by no means new and dates back to the Cold War era. There it was used by the US Army to describe the complex and “illogical” situation. Now, in the course of the digital transformation, this term seems to be finding its way back into literature. But what does it mean? VUCA world What does the term “VUCA World” actually mean and how is it to be interpreted? I have one approach in the blog of Complement found. VUCA (volatility, uncertainty, complexity, ambiguity) stands for the following: V (volatility) – prepare for wild times. The challenges will be unexpected and unstable, keeping you busy for an indefinite period of time. U (uncertainty) – hardly predictability, hardly predictability, potential for surprises C (complexity) – no trivial “recipes”, environment cannot be simplified,…

Digital change 21. March 2021

Digitization in medium-sized businesses meets tradition

The digitization of all areas of life has led to increasing complexity and companies find themselves in a conflict as a result of this development. One example is medium-sized management consultancy, which is one of the industries that has benefited greatly from digitization. However, primarily as the one who sets up, controls and carries out the large number of projects for the digitization of companies in a wide variety of industries. However, this is often hardly digitized itself. You can find more information in my article too Consulting 4.0 remove. The race for digital supremacy is also characterized by a rapid pace of change. American and Asian companies in particular are in the fast lane and are pushing competitors out of the markets around the world. But what about in Germany? How is the digital transformation progressing in German SMEs? The tradition in the middle class Successfully implementing digital change…

Agile organization 21. March 2021

What is a #digitalfactory or a #digitalLab

When I got the current edition of the Handelsblatt opened, I saw the headline: “Deutsche Bank: Digital factory with 400 experts starts 2016 in Frankfurt”. At that moment, my first thoughts that crossed my mind were: What actually is a digital factory? The article itself provided the first approaches: the bank’s own research and development as well as investments of 750 million euros for digitization in private and corporate customer business by 2020. Digital factory = digital factory? At first I investigated whether there was a connection between these terms and actually couldn’t come up with a common denominator. A digital factory is: Generic term for a comprehensive network of digital models and methods, including simulation and 3D visualization. Its purpose is the holistic planning, implementation, control and continuous improvement of all essential factory processes and resources in connection with the product (Wikipedia). In the interests of the Deutsche Bank,…