Brochure

Digital Transformation Services: Business Transformation Assessment & Roadmap

October 15, 2021
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In a rapidly evolving complex and uncertain marketplace, businesses look for innovative ways to continue to meet changing customer needs and manage profitable revenue growth.

The current market conditions provide middle-market organizations a “once-in-a-lifetime” opportunity to take strategic risks, grow revenues and gain market share. Through digital enablement, these organizations can nimbly meet evolving customer needs, expand their go-to-market footprint, and compete more effectively with some of their larger, less agile contenders.

Cherry Bekaert Digital Advisory provides strategic and tactical support to businesses, positioning them for long-term growth. In addition, we improve performance by transforming business models – leveraging technology and data as a core competitive advantage.

Digital Transformation Journey

A critical step in the digital transformation journey is establishing a Business Transformation Assessment and Roadmap.

Digital Advisory Services Digital Transformation Journey

Business Transformation Assessment & Roadmap

Areas of Focus

Our digital transformation team thoroughly evaluates your people, process, technology, and culture in the following areas:

  • Go-To-Market: How does the organization engage with customers and markets to gain a competitive advantage?
  • Products and Services Offerings: What are current products/services? What methods of delivery are most efficient and effective? Are there additional products and services and are there options to productize offerings for a recurring revenue model?
  • Business Operations: What business processes can be automated to optimize operations? Are there alternate business and talent models?
  • Growth Strategy: What strategies align with and fund growth to include build, buy or form strategic alliances?

Deliverables

Once the assessment is complete, leadership receives a comprehensive report and roadmap outlining:

  • Business and market trends
  • Insights on evolving customer needs
  • Analysis of the current business and operations metrics, including financials, margins, etc.
  • Vision for the future of the business
  • Recommend actions steps, prioritization, impact, costs vs. benefits, timing
  • Budget and headcount needs
  • Governance structure
  • Alternate funding models
  • Legal, risk and regulatory issues to be considered

Outcomes

Integrating and applying the roadmap, organizations can benefit from the following:

  • Grow revenues and margin
  • Create laser focus on customer needs
  • Integrate data-driven actionable insights and decision making
  • Ensure established security and protection
  • Optimize business operations
  • Improve work/life of workforce

How Cherry Bekaert Can Help

Digitally-enabled organizations can better predict, innovate, perform, and compete. Let our team help guide you through the transformation, optimization and management of your digital transformation journey.