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In fact, only 11 percent of firms manage to achieve ambidexterity. Next we provide the context for this transformation and what it takes to win in the digital age. This ability is an example of what we have called ambidexterity, and large organizations are not good at it. Our customized approach combines deep in sight into the … Learn more. © 2020 Coursera Inc. All rights reserved. In this course we will start learning about Industry 4.0 which is actually the foundation of the digital transformation term. --weigh the pros and cons of current digital technologies driving advancement Then we will study … We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Next we provide the context for this transformation and what it takes to win in the digital age. Show more … Learn Digital Transformation today: find your Digital Transformation online course on Udemy. However, this source of growth has an inherent limitation. Then we walk through BCG's proprietary framework, which helps you identify key areas to digitize, including strategy, core processes, and technology. The modern day business is a dynamic enterprise, and leading it now needs a conglomerate of essential skills, ranging from design thinking and digital transformation, to product management and IT. Digital transformation is a hot topic--but what exactly is it and what does it mean for companies? Why Take This Course. Having heard of this term every single hour of working with a consultancy, finally feels great to have a structure in my mind to understand, adapt and explain what digital Transformation really is! #DV Portfolio Press. --weigh the pros and cons of current digital technologies driving advancement Read More. Good overall introduction to Digital Transformation. If you are like the largest 125 S&P 500 companies in 2004, those growth prospects would be fueling 78 percent of your market capitalization. To view this video please enable JavaScript, and consider upgrading to a web browser that This week, we'll discuss three fundamental laws about how digital information can be processed, communicated, and stored. This is actually not trivial when we talk about incumbent, established industry players. Digital Transformation Course by BCG – Boston Consulting Group (Coursera) In this digital age transformation is evident, so if you want to understand the relevance of digital transformation and how to implement them in companies then this course will help you with that. Through these courses, global learners have an opportunity to study with renowned scholars and thought leaders. The syllabus is very well thought of and very understandable from a perspective of a non - tech person. TransformTECH (TT) For individual business executives and teams who are looking to gain a deeper understanding of the latest innovative technologies. Top international business schools offer helpful training courses for executives seeking the leadership skills to develop and implement a digital transformation strategy that works. You think hard, and you come up with a product idea that you believe will serve an unmet need in your city. Course Catalog. Learn more Take a look at the 2018 hackathon event, which was a great opportunity for every participant to spend some time playing around with drones, VR goggles, and of course tons of Raspberry Pis and Arduinos. What typically happens is, once a company pursues innovation, it loses efficiency. You can take the courses in any order, although we recommend starting with XDGT100 Foundations in Digital Transformation. Online Degrees and Mastertrack™ Certificates on Coursera provide the opportunity to earn university credit. Leading the Modern Day Business Specialization, Construction Engineering and Management Certificate, Machine Learning for Analytics Certificate, Innovation Management & Entrepreneurship Certificate, Sustainabaility and Development Certificate, Spatial Data Analysis and Visualization Certificate, Master's of Innovation & Entrepreneurship. The specialization then switches gears into what it takes to become a product person in today’s digital age, which is a different game relative to what product management used to be. For courses of this length (5-8) hours, we recommend planning to spend approximately two hours per week on the coursework, to … BCG and University of Virginia experts tackle questions like these in their course: Digital Transformation.Get the inside scoop from course instructors Michael Lenox, Senior Associate Dean of University of Virginia’s Darden School of Business, and Amane Dannouni, Principal at The Boston Consulting Group. On Campus or liVe Virtual. Then we will have a quick look at the Society 5.0 because it will impact the scope of the digital transformation projects you will be running, especially for the government and public sector. This is the point where you will need to look for new sources of growth, and in fact, this has become harder and harder over time. A premier institution of higher education, The University of Virginia offers outstanding academics, world-class faculty, and an inspiring, supportive environment. Feel comfortable? --describe the underlying economics of innovation, technology, and market disruptions The other extreme, pure exploration, or what we have called the perpetual search trap, is not risk-free neither. You may want to include she's as well. Maybe you grew from your city, to covering the country, to maybe a global player. This course is part of the Leading the Modern Day Business Specialization. They invested heavily in innovation, especially at the end of the last century. So, if we go back to your business, as a business leader instead of trying to cope with disruption when it happens, you might want to anticipate it by proactively looking for self-disruption. The New Product Vitality Index, that is, the percentage of sales from products that are less than five years in the market, went down. Skip Navigation Courses . Digital Transformation. Congratulations to DV portfolio company, Ware2Go, on being awarded the 2019 … Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. Then we will have a quick look at the Society 5.0 because it will impact the scope of the digital transformation projects you will be running, especially for the government and public sector. Skip to content. Benefits of this Open-Access Digital Transformation Virtual Experience Program. Some have already begun to do so: more than 70% of the executives we surveyed said that they have named a 80 73 70 60 50 40 20 15 20 27 30 40 50 60 80 85 0 20 40 60 80 100 Agile methods have been implemented The IT function is digitized A startup ecosystem is being proactively managed Business model innovation has occurred within the past year … Filter … Understand the New Realities and Challenges of Competing in a Digital World. Web Development Data Science Mobile Development Programming Languages Game Development Database Design & Development Software Testing Software Engineering Development Tools No-Code Development. We are proud of being the BEST SELLER course on digital transformation. Finally we will explore incumbency and the economics of innovation through the lens of digital transformation. Digital Transformation and Innovation courses. One of the reasons is that technology has deconstructed established industries and lowered significantly the barriers for entry, especially for new digital attackers. And at industry trends and disruptions. Then we walk through BCG's proprietary framework, which helps you identify key areas to digitize, including strategy, core processes, and technology. Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. Founded in 1963, BCG is a private company with offices in more than 90 cities in 50 countries. Ware2Go Wins 2019 BIG Innovation Award . Then we'll look at how the exponential rate of technological change is driving changes in the industry. Students Employers. Then we walk through BCG's proprietary framework, which helps you identify key areas to digitize, including strategy, core processes, and technology. Once you have gone from the city, to the country, to the globe, where else do you want to go? In other terms, run exploitation of their core and exploration of adjacencies at the same time. We'll explain the framework's fundamental duality and the different enablers of digital transformation. The first two modules set the foundation for digital transformation, discussing the pace of change and the imperative it creates for businesses. Construction Engineering and Management Certificate, Machine Learning for Analytics Certificate, Innovation Management & Entrepreneurship Certificate, Sustainabaility and Development Certificate, Spatial Data Analysis and Visualization Certificate, Master's of Innovation & Entrepreneurship. Business. need to set a bold course toward digital transformation. First we discuss the pace of change and the imperative it creates for businesses. BCG was the pioneer in business strategy when it was founded in 1963. You convince a friend to lend you some more funds, and you create your own company to build and sell this ingenious product. First we discuss the pace of change and the imperative it creates for businesses. Universities. Rapid change, technological disruption, unexpected competition. Then, participants learn the context for this transformation and what is necessary to win in the digital age. Marcell is Partner & Director at BCG with over 20 years of experience developing and implementing procurement, supply chain, finance, shared services, and digital transformation strategies across industries globally. Senior Associate Dean and Chief Strategy Officer, Managing Director & Partner at Boston Consulting Group, Singapore, Senior Partner and Managing Director, Boston Consulting Group, To view this video please enable JavaScript, and consider upgrading to a web browser that, Interview with Antoine Gourévitch on Digitization. A booking platform for medical aesthetics treatments and beauty services. We invent, build, scale and invest in startups with the world’s most influential companies. The syllabus is very well thought of and very understandable from a perspective of a non - tech person. How does a business survive the digital age? You'll need to complete this step for each course in the Specialization, including the Capstone Project. Courses by career stage. Leaders, in other words, need to articulate a broad strategic outline and the purpose and context for change. Join the ranks of leading students around … Working at your own pace you’ll learn the true nature of digital transformation and how to do it. » Watch video » Watch video. BCG Digital Ventures (BCGDV) announces that Ella Rabener will join BCGDV as a partner and managing director in June. By the end of this course, you'll be able to: Organizations should selectively choose actions that will have the biggest impact on their strategy and operations rather than trying to adopt all solutions at once. We approach this challenge using BCG's proprietary framework, which provides a practical strategic model for moving from a legacy to a digitized business. Innovating in the Digital World – Online . This Digital Transformation course has been delivered to several organizations that include UOB, UOI, Maybank, UOL, PEB Steel, Sankyu, Ocean Network Express, Thermo Fisher Scientific, PON Asia, Viventis, Peninsula Hotel, Oriental Motors and 30 other organizations around the globe. Check with your institution to learn more. This Course doesn't carry university credit, but some universities may choose to accept Course Certificates for credit. Next we provide the context for this transformation and what it takes to win in the digital age. Our survey found that among successful companies, the use of niche vendors was relatively high (86%). BCG’s infographic (modified) below shows the 9 dimensions of the Future Economy. Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. And the right digital transformation strategy will enable you to recognize and ward off digital threats from competitors looking to poach your business. If you only want to read and view the course content, you can audit the course for free. By the end of … Organizations should selectively choose actions that will have the biggest impact on their strategy and operations rather than trying to adopt all solutions at once. Boston Consulting Group is an Equal Opportunity Employer. First we discuss the pace of change and the imperative it creates for businesses. You’ll be better able to anticipate change and evolve strategies that turn digital disruption into a competitive advantage. Read More. The goal of using Platform is to stimulate deeper conversation, cross-pollination between ideas, and inclusion of … But digital transformations require room for course corrections. #Press Release. In 2005, Sir George W. Buckley was appointed CEO, and he shifted gears towards innovation. Instructional material drawn from both BCG partners and Darden’s top-ranked faculty makes up the new four-module course. Start instantly and learn at your own schedule. Digital BCG. An introduction and overview to Ionology’s Leader’s Guide to Digital Transformation. supports HTML5 video, Digital transformation is a hot topic--but what exactly is it and what does it mean for companies? Guide to digital transformation, it neglects exploitation, like 3M, for example extreme, exploration! From? is actually not trivial when we talk about incumbent, bcg digital transformation course players. 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