Leading Business Transformation in a Digital Economy
The approaches leading to organisational success in the knowledge economy are unlikely to guarantee survival in the new digital economy. Irrespective of the industry, most organisations need to transform to survive in the evolving business environment. Leading Business Transformation (LBT) refers to the changes associated with the application of digital technology in an enterprise. However, digital transformation is more of a mindset shift than any one technological investment.
This course provides a holistic perspective of digital business transformation and therefore encompasses much more than a discussion of disruptive technologies. Participants will gain an understanding of new digital platforms and ecosystems as a central element of new business models, as well as gain digital leadership skills, and learn how to develop a digitally-enabled, collaborative, borderless, learning agile workforce.
Digital transformation starts from the top, relying on support from leadership to ensure that changes are enforced and continuous. The course will enlighten leaders to what is different in the digital economy, what success looks like and how to structure and lead their organisation into the digital economy. We balance robust academic content with extensive industry experience gained from working with organisations’ leaders, both nationally and globally. Participants will get an opportunity to reflect on their own business environment and apply the new insights to develop a strategy to transform their business.
UniSA Business is the only business school in South Australia accredited by both AACSB (Association to Advance Collegiate Schools of Business) and the EFMD Quality Improvement System (EQUIS) – the world’s leading accreditation bodies recognising excellence in business and management education. This double accreditation demonstrates achievement of the highest international standards across teaching and learning, research, and stakeholder engagement, as well as a commitment to continuous improvement into the future.
Business schools that earn these accreditations must undergo a rigorous review process undertaken by peers in the business education community and industry, to ensure they have the resources, credentials and dedication to deliver first-rate programs, knowledge creation and positive impact on business and society.
These standards support UniSA Business to deliver on its mission, to innovate and engage, and to lead the business education community worldwide.
Program benefits
Individual benefits:
- Become a digital economy leader, adopt a different leadership approach; for example, building relationships, fostering collaboration and encouraging innovation
- Upskill to become better prepared to meet the needs of the changing workforce
- Become equipped with knowledge of the digital economy, new business models and guiding principles
- Gain practical advice from our experts, to enable you to lead the digital transformation journey in your role.
Organisational benefits:
- Adopt a comprehensive digital transformation strategy
- Access tools to make key metrics easily accessible across your organisation to ensure employees have all the information they require to excel in their roles.
- Customers have high expectations for the companies they interact with and Digital Business Transformation allows businesses to stay in line with customer expectations
- Things move fast in the digital space; this course will enable your business to stay ahead of competition.
Key information
Dates
2 full days
9:00am to 4:30pm
This course is offered as a Custom option. Express your interest via the Enquire page.
Delivery location
Virtual delivery via Zoom
Cost (ex. GST)
P.O.A
Who this is suited to?
Emerging, mid-level and senior business leaders and executives
What you can expect
This course will cover the following topics:
- Digital Business Transformation in context
- An organisation’s readiness for transformation
- Define an appropriate destination for the business and rethinking the business model. Developing a strategy to take the business there
- Guiding principles that are key in the digital economy
- What should be done to transform your organisation
- Critical success factors.
Day 1:
Setting the scene – Digital Transformation in today’s challenging environment
- Digital Transformation in context
- The changing business environment
- Causes of digital disruption
- Definitions of digital business transformation
- How digital transformation affects organisations
Your strategy for a successful digital transformation
- Your organisation’s readiness for transformation
- Applying the maturity model to gauge your organisation’s readiness for transformation
- Defining an appropriate destination for a business and rethinking the business model, then developing a strategy to take you there
- ‘Flipping’ the thinking on transformation.
- Guiding principles and key thinking for a successful digital business transformation
- Thinking differently to transform your organisation
- What should be done to transform an organisation
Day 2:
A roadmap to transform
- The future of digital work
- Impact of digital transformation on the workforce
- Different skills required to support the digital platform
- Creating a digitally-enabled, collaborative, borderless, learning agile workforce
- Roles, the right skills, wrong skills and skills that can be adapted in your organisation
Leading the change
- Leading organisations on the digital transformation journey. Critical success factors to be mindful of (‘tips and traps’)
- Effective digital transformation leaders
- Restructuring the new digital organisation
- Change management versus change leadership
- The role of the CEO
- Hurdles/barriers that cause digital business transformation projects to fail
- Becoming a digital business transformational leader.
Assessment:
There is no formal assessment, however participants will be expected to demonstrate satisfactory completion of various activities throughout the course.
Cancellation Policy
The University of South Australia reserves the right to cancel events and issue refunds. In the event that an attendee cannot attend, a substitute is welcome to attend in their place. No refunds will be given unless 21 days notice is given in writing prior to the date of the planned event. If less than 21 days the fee can be used for the same course at a later stage, or another course of the same value.