TECHNOLOGY & DIGITAL TRANSFORMATION

Question: Is this the right time for companies to make transformative changes?

Plain and simple, it is your job to find the tools that will help your company grow. These could be sales tools, marketing tool, operations tools, or financial tools. As a business, regardless of being involved in technology or not, most (if not all) companies have a competitive advantage with accessing digital technologies like customer communications, A.I., and other innovations that are market-ready for action, off the shelf solutions to fire up business operations and multiple growth opportunities.

Innovative business models are essential, and execution of those business models will be transformative for a long time, if done right. We have worked with some of those most business savvy CEOs, managers and decision-makers that seek to transform their enterprise, know that the time is now, but may not completely know the steps to get it done. They turn to Centaur Strategies for this exact reason.

Transformation is not for the lighthearted and certainly not for the lazy. Change management for growth is most successful for those companies in an industry that are realizing technology changes or have competition coming in that was never there before. These companies have proven teams with a track record of success while also holding a strong professional reputation, with industry expertise and capital that is accessible.

Digital technology is advancing rapidly. Technologies like robotics, automations, AI, and digital software solutions can help non-tech businesses scale up, streamline operations, create a more efficient workforce, and attract capital in many ways. We have worked with over 1,600 companies that were in launch stages in helping them to evolve into much larger enterprises. From these experiences and many more, we have gleaned insights that can be applied to our clients’ businesses for a unique trailblazing strategy that will never be outdone by competition.

Everyday Stories

An entrepreneur turned a $4mm software development firm into a $75mm Software as a Service.
A manufacturing company succeeded to adapt advanced manufacturing itself into a customization fabrication company streamlining the supply chain with technology.
A $10mm custodial service business added into its service company an organic products addressing a sanitary, sterile, and safe ‘work-from-office’ environment related to COVID. Now, it’s ready for capital investors to fuel its national growth.
A technology company needs to bring fresh ideas and offerings to its existing client while competing to acquire new ones. Scaling vertically or horizontally is part of due diligence.

Healthcare and hospital management has never been easy but during COVID, it faced some of the most challenging times. Going hand-in-hand with the mission of improving clinical outcomes for these enterprises’ ties directly to patent satisfaction and financial performance. Innovations come from different places outside the norm, and this has to be a norm for hospitals.
Technology procured for digital transformation is available and with expert input and guidance, identifying and building the well-fitted vendor-partner relationship to deliver the essential.
A musical performance group who built a business on live events turned to an in studio programming model, targeting corporations during COVID which doubled their revenue.

Companies that have a strong growth potential turn to Centaur Strategies for scaling vision and expertise. Creating strategic models for digital transformation can be obvious with some businesses but others may miss opportunity. Assessing the landscape in a present-state to future-state or current state and desired state can be accurate if taken in objectivity with a longer viewpoint.

For an example, business transformations supported by cloud adoption can be driven by various incentives. Some of these motives may not be as clear as others. As we have met with various executives and business leaders at our clients’ facilities, prioritizing and assessing the potential impacts seem to be the best starting point to carve out a roadmap.

Digital transformation strategies may include:

Mitigation

Increase cost savings.
Reduce vendor or technical complexity.
Optimize internal operations.
Increase business agility.
Prepare for new technical capabilities.
Scale to market demand.
Scale to geographic demand.
Want to increase productivity of their staffs and scale their company culture.
Want to serve their stakeholders (employees, vendors, communities, customers and more) even more.
Team Alignment and culture building (employees, vendors, community, customers)
Take action to eliminate threats to your company
Personnel changes and organizational structure

Innovation

Increasing business agility.
Preparing for new technical capabilities.
Building new technical capabilities.
Scaling to market demand.
Scaling to geographic demand.
Improving customer experience and engagement.
Transforming products or services.
Want to accelerate sales and other revenues.
Want to maximize the profitability of their company.
Want to prepare their company for sale in the future.
Accelerated progress when momentum exists
Built scalable and repeatable processes
Salesforce strategy and structure

Perhaps the answer will come from the COVID-19 pandemic. We believe it will. A paradigm shift, during the shut-down, lock-down and shut-in across the globe, put a stop to many services. From necessity, comes invention, (as the saying goes). Our predictions include: the use of data will continue to serve its purpose and become more perfected data science with A.I., M.L. and N.L.P., will be at the forefront of our shared, near-term future.

"Beauty and brains, pleasure and usability;
they should go hand in hand."

Don Norman
Thought Leader

Solutions

Building UX (User Experience)

Build Excellence in Tech UX Experience 

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Data and Patient Identity

Lenovo's progressive division partnered with LifeMed ID, a technology collaboration focused on accurate identification by providing Authoritative Identity Management Exchange™ (AIMe), a comprehensive ID platform.

our thinking

Values As Strategy

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