Reinventing Organizations with Digital Transformation

The need to be more collaborative, competitive, productive, secure and mobile has made it crucial for organizations to transform digitally. Adopting digital transformation can help organizations to drive growth and revenue and evolve to address the changing business landscape.

Businesses across sectors are modernizing their workforce to compete and grow in the new digital economy. These companies are moving towards emerging technologies and ensuring their workforce is skilled to meet the current best practices.

Digital Transformation Strategy

Digital Transformation is not just about changing the technology, but about changing how teams work together to achieve a shared goal. To achieve a sturdy digital transformation strategy, you must establish the following:

• Improve what you do: Make use of modern technologies and platforms to devise a plan that is more customer-centric and automates manual processes.

• Optimize how you work: Make everyone in your organization aware of the transformation and optimize each and every area of work.

• Transform who you are: Reinvent new ways to carry out your business processes and work towards a single goal.

Importance of Digital Transformation

For your business to thrive in the new digital economy, you must plan and execute a proper transformation plan. Apart from streamlined business processes, successful digital transformation bears the following results:

Transforms customer experience

Customer experience is at the core of any business. Therefore, the primary focus of digital transformation is to utilize innovation to meet the customers’ changing expectations.

Increases agility and innovation

Digital transformation brings agility to the business. With new tools and trends coming in rapidly, it encourages businesses to innovate faster and always stay ready to adapt to change.

Derives data-based insights

Going digital allows you to analyze data and track metrics to gain insights about your marketing efforts. These data-based insights lead to optimized business strategies and improved results.

Let’s you collaborate across departments

For successful business transformation, your strategies and goals need to be addressed across all departments of your organization. This prompts an opportunity for better communication and engagement within the various divisions of your workforce.

Updates your knowledge and skill sets

With the need to adopt new age technologies such as Artificial Intelligence, Machine Learning, Augmented Reality, Cloud Computing, Data Analytics, etc., the demands for skills in these areas will only grow. This will encourage businesses to develop these skills and gain a competitive edge.

Gateway Digital: Your Digital Transformation Partner

Is your business prepared to embrace digital transformation? We are a new-age technology partner helping businesses across sectors to adapt to the rapid changes in the new business paradigm. We make your business more customers focused, market-driven and competitive by providing:

• Digital Consulting and Strategy

• Technology Transformation

• Growth through Innovation

Get in touch with us to discuss your business concerns and ideas and we will be happy to help!

Why is it important to hire the right employees to grow your business?

Employees are the real assets of an organization. They contribute to forming firm value to your organization. The right employees contribute to the growth and success of your organization. Hiring apt employees is vital, irrespective of the kind of company you run.

According to recent studies, employee satisfaction directly impacts the company’s financial performance. In fact, the right employees are the real revenue drivers of your organization. A survey result by Glassdoor shows that companies featured in their “Best Places to Work” saw higher ROI and outperformed others in the stock market.

Mostly, companies have a hard time finding the best fit for the role and end up hiring the wrong employee. This happens because companies lack a good strategy for hiring resources. Moreover, they undervalue the power of having a strong and inclined workforce. Organizations large and small must invest in their workforce and offer an engaging culture, good employee benefits and competitive compensation to hire and retain good employees.

TECBRIDGE HELPS YOU FIND THE RIGHT RESOURCE FOR THE RIGHT JOB

TecBridge- a brand of Gateway Digital knows how important it is to have the right resource on board. Companies looking for new employees need to understand that the hiring process is not just about reviewing resumes and cover letters. It is about understanding your company’s or project’s needs and matching them with someone who not only meets the requirements but also adds value to your organization.

Hiring a resource differs from company to company and project to project. For example, a marketing company may be looking for someone with good interpersonal skills and creative background, while a company looking for a technical resource may look for their coding skills and technical knowledge.

One rule that must remain common among all companies and employers hiring for new employees, is to make sure they hire employees who fit their company’s mission and values. Moreover, it is important to define who you are as an organization and what you want from your employees, to attract suitable candidates. A well-defined hiring process will help you prune candidates who do not fit the bill. This will save your company from a bad hire, which could be a costly mistake for your business.

Once you hire the right employee, it is also vital to retain them and keep them happy. Company culture and employee engagements are the main drivers and top factors of employee satisfaction. Recognition at work is another major factor. Employers who value their employees by rewarding them time and again for their hard work succeed in creating a positive work culture. In order to keep the employees happy and satisfied, their vision and values must align with that of your organization and they must feel valued and respected.

Why TecBridge?

At TecBridge, we serve local startups to Fortune 500 companies with our IT staffing solutions. Our well-managed staffing and screening processes allow us to find the most appropriate resources for your business. We identify and map the right IT consultants for the job by studying the company and role requirements in detail. Our professional services include temporary staffing solutions, permanent staffing solutions and software factory setup model.

Are you looking for quality resources for your organization? Tell us your requirements and we could help you find the best fit for the role. To know more about TecBridge, get in touch with us.

Startup-Corporate Collaboration: The What, Why and How

In this technology-driven era, the collaboration between large corporates and startups is the key to fostering innovation. With rapid changes in the new age business ecosystem, they can leverage digital transformation services and the strengths of each other to grow and stay relevant and competent. Corporates can enter new markets by teaming up with new industry players and keep up with the disruptions, while startups can scale their products and offerings into the markets of established businesses to expand and grow.

This partnership between established corporates and startups can make way for new and sustainable industrial revolution. The matter of concern here is in choosing the right startup consulting partners, in a way that both the sides can benefit in the highest possible level. When each side learns to understand the expectations, culture, interests and work ethics of the other, it leads to a successful collaboration.

Why do corporates need startups?

External innovation and disruption: Corporates need to become aware of the disruptions and market shifts caused by new innovative technologies in their field of business.

More innovative suppliers: When corporates work with only established tech providers, they miss out on potential new sources of revenue.

Better customer focus: Corporates need to leverage the startup method to customize solutions and serve its customers better.

More agile culture: Working with startups can bring more agility and openness to innovation.

Staying abreast of market developments: Corporates can better track changes, developments and disruptions in the markets by collaborating with a startup.

New business lines: Corporates can pursue new business lines and revenue streams and offer new and creative services to their clients.

How can startups benefit from corporates?

Revenue benefits: With corporates having enough money and revenue, startups can be free from seeking outside investments.

Success story for future sales: Corporate customers enhance the reputation of startups, providing them with reference cases for future sales.

Scalable customer base: Startups looking for their first customers can leverage the customer base of large corporates.

Riskless globalization: Partnering with corporates will give startups the opportunities to expand into other countries and refine and optimize their products and services.

Access to corporate assets: Collaborating with corporates can empower startups to make use of underutilized corporate resources to make new business.

Mentoring and market knowledge: An established business can help startups enter the market with its assets and allow it to tap into the knowledge and experience of corporates in the form of mentoring.

Why does the collaboration often fail?

The collaboration is a test for the mind-sets of both. Corporate employees are trained to follow set procedures and rules and are challenged by the nonstandard and creative behaviour of new entrepreneurs. On the other hand, startup players start their companies with an intention to disrupt the status quo of the markets and are often challenged by the ideas and processes of the corporate players.

Here are the many reasons why the collaborations do not reach the end goal:

· The startup spirit often clashes with the culture and spirits of the corporate and its protective middle management.

· Startups lack the resources to handle most processes.

· Large corporate players may not prefer to work with startups if they cannot provide references from previous corporate clients.

· Corporates are usually hesitant to adopt inventions that were developed in partnership with startups.

· Lack of managerial support from corporates can lead to failure of collaborative innovation.

· All units of the corporate silos may not be aligned to the collaboration, which may lead to delays and conflicts.

· Senior management of corporates may fail to understand new technological changes that may impact their business field.

How Gateway Digital can make the partnership easy?

For a seamless collaboration, strategic alignment is required between the corporate and startup. The upper management needs to agree to the conditions of the collaboration and the management expectations of both sides need to be met.

Gateway Digital Oy is a digital transformation solutions expert focusing on specialized technology services and functional services for various businesses. We collaborate with startups with the help of our insight-based business models through consulting, modernization and digital touch points. Equipped with the technology and expertise, our digital consulting and strategy services help businesses identify their best-suited partner.

As a technology specialist, we understand the business concerns of startups and help them accomplish compelling business cases through proof of concept and designs with the help of futuristic market trends, marketing and outreach. Our adaptable onshore and offshore services are at the forefront of innovation and address the entire breadth of clients’ opportunities in the evolving digital world.

Reach out to us to lead your business to its ultimate success with successful strategic partnerships.

ÄLÄ VAIN SUUNNITTELE DIGITAALISTA MUUTOSTA, VAAN TOTEUTA SE, Siirry Digitaalisen muutoksen konsultointipalvelut