There’s a cavalcade of clear advantages that come with taking digital transformation seriously, especially in a small business context. Data from Deloitte suggests that $1.25 trillion in untapped potential is waiting to be freed via this process, for example.
For SMBs to get their slice of this particularly appetizing pie, proactive adoption is needed. Here are the steps involved in achieving it.
Image Source: Microsoft Designer
Evaluating Current Business Processes
First things first, take a good look at what you’re doing now. Understand your starting point to figure out where you need to go. This will start you down the path to digital transformation that 89% of your larger rivals are already walking.
You can effectively evaluate your current business processes with these steps:
- Map Out Workflows: Document how tasks move from start to finish in your organization.
- Identify Pain Points: Note inefficiencies, bottlenecks, and manual tasks that slow things down.
- Analyze Resource Use: Look at how effectively you’re using tools and staff.
At this point it’s sensible to use straightforward questions to evaluate the state of play. What takes up too much time? Which processes frustrate employees or customers? Are there redundant tasks?
Digital transformation should fix what’s broken and amplify what works well. So, dig deep into every nook and cranny of your operations.
Getting detailed insights helps later when choosing new technologies that align with both needs and goals. Skipping this step might mean solving non-existent problems or missing critical issues altogether.
It’s doubly important to do this given that economic challenges are causing some SMBs to slash IT spending by as much as 30%. As such you want your spending here to be finely honed rather than scatter-gun.
Setting Clear and Achievable Goals
Once you’ve evaluated your current processes, set specific goals for your digital transformation. Clear objectives guide decisions and measure progress. To do this:
- Define Your Vision: What does success look like? Is it faster service, better customer experience, or reduced costs?
- Prioritize Objectives: Rank goals by impact and feasibility to tackle the most critical ones first.
- Set SMART Goals: Ensure goals are Specific, Measurable, Achievable, Relevant, Time-bound. This is useful for business purposes as well as making personal progress.
Let’s say you’re a local retailer and you set a target of increasing online orders by 20% in six months. This goal is admirable as it is both precise and has a deadline. If you just set out to “increase online presence”, that’s too vague.
So, why bother setting such detailed targets? Basically, because it keeps everyone on the same page, while also catalyzing decision-making. And since professionals can dedicate 37% of the working day to decisions, this is a question of efficiency as well.
Also think about how these goals align with your business values and long-term plans. Digital tools should support growth without veering off course.
Communicate these goals across teams so every member understands their role in achieving them. This shared vision creates accountability and catalyzes collaboration in teams working toward common objectives.
Selecting the Right Technologies
Now that your goals are clear, it’s time to choose technologies that align with them. The right tools can revolutionize how you operate and grow. To make this choice:
- Assess Compatibility: Ensure new tech works seamlessly with existing systems.
- Focus on Scalability: Pick solutions that can grow as your business expands.
- Consider Industry-Specific Software: Look for tools tailored to your industry needs.
For example, if you run a pest control business, a generic CRM might not cut it. You need something like Briostack pest control software to oversee your operations. This specialized solution handles scheduling, route optimization, and customer management, all of which are fundamental to efficiency in your field.
Why emphasize specialization? Because industry-specific tools address unique challenges better than one-size-fits-all options.
Also aim to involve team members in this process. They’ll provide valuable insights into what features are truly necessary versus nice-to-have extras.
And finally, test out potential solutions before full-scale implementation. Many providers offer trial periods, so use them. This hands-on experience helps cement your decisions, and sidestep costly missteps at the point of procurement.
Final Thoughts
The process of transforming small businesses through the adoption of digital solutions can seem simple when you lay it out in broad strokes. However, don’t be fooled by the idea that your own experience will be seamless, as rough patches are all but inevitable.
The point is not to put off digital transformation for fear of the hiccups that might occur as you get started, but rather to encompass potential pitfalls in your planning and appreciate that the benefits you’ll unlock once the process is complete will more than make up for any drawbacks. That’s why so many of your competitors are already making progress here, so it’s all part of keeping pace.