Train Your Teams for Higher ROI

Here’s a fun fact of life: the fastest way to success is through adopting and mastering the tools which will guarantee growth.

For businesses, this means making sure they invest in the latest innovations before their competitors do because if they don’t adapt quickly enough, not only will they be left behind, but they may even find themselves at a serious disadvantage.

So yes, technology can be bad for your if you are slow to adapt and your competition grasps it before you do. 

While many organizations realize the importance of identifying the right technology to scale faster, some haven’t realized that possessing top-of-the line technology can be harmful if adopted too slowly or without an appropriate strategy for implementation. In this blog post we’ll dive into why having access to the best tech isn’t going to guarantee an organization’s success on its own and why it needs proper management for the teams to benefit and reap high ROI.

Resolving Emerging Issues

Employees who have been trained for digital transformation are better able to apply the tools at their disposal to address pressing issues in the workplace. Employee confidence in their own abilities to use these resources to address unforeseen issues is equally crucial. Teams who receive proper training can use new tools and methods with ease.

In addition, staff members who have been taught how to make the most of digital transformation technologies can play a key role in propelling innovation within their company. They might find fresh expansion possibilities or fresh insights that lead to operational enhancements for the company. In a nutshell, the company’s digital transformation needs to be an organization-wide initiative that everyone works on together.

Brian Chesky, CEO of Airbnb was quick to embrace technology to disrupt the traditional hospitality industry. He recognized early on that the sharing economy would be the future of travel and built a platform that leveraged new technologies like mobile apps and big data to connect travellers with hosts. Chesky has also used ML and AI, which have helped Airbnb personalize its offerings and improve its booking process.

Improved talent management

Better talent management can be achieved through leadership development that considers the changing nature of work and the capabilities of today’s workers in the digital era. Business executives can incentivize staff to use the tools if they have a firm grasp of their capabilities.

This education can help managers rethink how they organize their teams and what they expect from their staff to make the most of digital tools. In turn, this may highlight areas that are lacking in terms of talent and experience and how those gaps can be filled. 

Enhanced efficiency

Companies who invest in digital transformation training for their employees saw revenue increase of 19% and profit growth of 15%, as reported by the MIT Center for Information Systems Research. This simply highlights how properly trained employees are more productive and efficient, so the benefits of well executed training programs help companies grow.

Forward thinking leadership

Corporate leaders should be familiar with the potential of emerging technologies and push for its use by their employees. This calls for a pivot by top executives away from standard operating procedures and toward more creative, responsive methods.

Future oriented leaders foster an environment where knowledge is constantly being gained and shared. They need to build an environment where people are inspired to think creatively, take calculated risks, and gain insight from both their achievements and failures. A more capable and adaptable staff is better prepared to embrace digital transformation, and this may be achieved through fostering a culture of continuous learning.

To sum up, digital transformation entails more than just the introduction of cutting-edge tools. It calls for a radical shift in the mentality and values of the entire organization. To ensure people are prepared to accept digital technology and create innovation within their firm, training plays a crucial role.

The benefits of educating employees for digital transformation are obvious, ranging from the resolution of present and future issues to the enhancement of business performance and improved talent management. Businesses who invest in upgrading themselves increase their chances of long-term success and survival in a market that is always evolving. Consequently, if you want your company to thrive in the digital age, now is the time for you, as a business leader, to invest in digital transformation training for yourself and your team.

Achieve peak operational efficiencies with Intelligent Process Automation