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Assignment on Digital Transformation: A Road-Map

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Added on  2020-12-26

Assignment on Digital Transformation: A Road-Map

   Added on 2020-12-26

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DIGITALTRANSFORMATION: AROADMAP
Assignment on Digital Transformation: A Road-Map_1
Table of ContentsINTRODUCTION...........................................................................................................................11. Justification and ration of topic. .............................................................................................12. Description on review of evolution and current state of digital issues as per digitaltransformation.............................................................................................................................13. Critical evaluation on challenges and opportunities of contemporary digital issues..............54. Description on analysis and discussion of digital issues affecting working of enterprise. ....7Identification of digital tactics and strategies undertaken by business enterprise to address theissues...........................................................................................................................................7CONCLUSION................................................................................................................................9RECOMMENDATION.................................................................................................................10Future directions to contemporary digital issues. ....................................................................10
Assignment on Digital Transformation: A Road-Map_2
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INTRODUCTIONDigital transformation termed out as integration of digital technology in all areas ofbusiness. Thus, it is defined as process that works as to frame strategies to have better changesin enterprise. This empowers the employees with help of new tools and methodologies in termsto create data driven strategies and innovation so that new product and services can be developed(Parida, Sjödin and Reim, 2019 ). Furthermore, this aids to enterprise to leverage their digitalcapabilities and take initiatives to maintain competitive advantage in market. The present report is based on business activities of Walmart, American multinationalretail corporations that deals in department stores, electronics and grocery stores etc. Moreover, report will cover the following topic as evolution and current state of digitalissues in firm, SWOT analysis to find out challenges and opportunities, Porter analysis in termsto discuss digital issues affecting business organisation and business canvas model will beapplied to identify digital tactics and strategies taken by firm. MAIN BODY1. Justification and ration of topic. The concept of digital transformation predominantly used in terms to business context.Thus, it aids to bring new competencies and firm revolves around capacities to be more peopleoriented, customer centric, streamlines, innovative and brings efficient opportunities to changenew information and service driven revenues (Marku and et.al., 2019). Therefore, it can be statedthat one of the main aim is to create the possibilities and opportunities of new technologies thataids to bring varied innovative approaches. Thus, reason behind choosing the topic as Digital transformation is to find creative waysto modify their existing offering and to develop digital product and service. It is effective term inorder to maintain day to day operations that helps to make better strategic decision. Thus,researcher can have depth knowledge regarding the usage of digital technology and ittransformation in business entities. 2. Description on review of evolution and current state of digital issues as per digitaltransformation.The number of companies are taking initiatives to undergoing digital transformationbecause it aids to enhance market share, customer engagement and higher employee morale.1
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