Digital Strategy

Today, digital transformation affects all industry sectors. Disruptive technologies, new work processes and mentalities, but above all changed competition must be reconciled. For this to succeed at medium-sized companies, targeted and practical strategies are needed. FTI-Andersch supports its clients in the formulation and implementation of a holistic digital agenda and suitable data strategy.

Overview

Digitization offers new potential for companies. From increases in efficiency to the conversion to digital business models. As experienced consultants in complex corporate situations, we are the ideal partner for successful digitization.

In the digital agenda, we formulate the holistic strategic approach to digitization for the customer. In doing so, we focus on four key value levers:

  • Digitization of internal processes
    Here, we first address operational improvements that can be achieved through stronger systems integration, workflow management and automation. In the short and medium term, this leads to better process quality and higher personnel efficiency.
  • Digital supplier
    Here we are driving the digital integration of suppliers and data-driven procurement management. The aim is to digitize the entire Purchase2Pay process as far as possible.
  • Digital customer
    Digitization creates many new opportunities for customer interaction. We define strategic goals and measures to optimize a digital Order2Cash and digital user experience.
  • Digitization of products and services
    Expanding the product offering with new digital components and services is the most disruptive element of digitalization. Here, we examine which digitization initiatives add value on a customer-specific basis.

Data management is of particular importance in digitization. Data is the fuel of digital processes and products, which at the same time they generate more and more data. This is precisely where a comprehensive data strategy helps to maintain the medium- and long-term focus.

The data strategy is a plan to improve all ways of collecting, storing, managing, sharing, and using data. A solid data strategy is not about finding perfection but shaping a set of capabilities within the organization. For our clients, we focus on five data capabilities in this regard:

  • The ability to identify data and understand its meaning, regardless of its structure, origin, or location.
  • Enabling data to be packaged and made available in compliance with all rules and access policies.
  • Persisting data in one structure and location to enable access and processing across the enterprise.
  • Clean, standardize, combine, and move data that resides in multiple locations and provide a single source of truth.
  • Establish, communicate, and monitor policies to ensure compliant data sharing, use, and protection.
Services

Planning and realizing digital success

Questions for our team

What is the central quality of a digital agenda?

At its core, it is about aligning the entire process in such a way that, on the one hand, all business units benefit, and, on the other hand, all stakeholders are involved in the process. This does not work automatically because there are so many different fields of action. In addition, the areas often do not develop at the same pace – for example, while the digitization of products has progressed in many companies, there is still poor data quality with silos. Silos disrupt processes. That is why we take a holistic approach, initiating surveys as well as workshops and analyzing value levers. The result is better processes, more data transparency and holistic development.

Do you also advise on implementation?

The creation of a strategy is always only the first step. Afterwards, the implementation of the measures must be checked. This is where we, as experienced consultants, support our customers. We can help with both program and project management. In addition, if desired, we can advise on setting up the appropriate IT landscape.

How can holistic data use be implemented?

Digitization thrives on the use of internal and external data. They provide transparency about the processes in the company and form the basis for smart decisions. A wide range of software solutions are now available for this purpose. However, all technologies are of little use if no clear goals are defined, no usage guidelines agreed upon, or no business-critical data identified. For holistic data use, we formulate the appropriate holistic data strategy.

How we help our clients

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