-4.7 C
New York
Thursday, January 9, 2025

Digital transformation of SMEs: enabling success by fostering a tradition of innovation and agility


The Empowering Companion Success weblog collection highlights channel companions and people who positively impression the communities they serve.

At Cisco, we attempt to accomplice with folks and organizations that assist us notice our goal of driving an inclusive future for all. That is why we’re excited to leverage the expertise and experience of Rasheeda Frazier, founder and CEO of Empowering Greatness Inc.and share insights from the work the group is doing to assist small and medium-sized companies (SMEs) with their digital transformations.

Paying ahead

Empowering Greatness Inc. is a consulting agency devoted to serving to SMBs, nonprofits, and different organizations navigate and overcome advanced operational challenges. Rasheeda based the group to fill a void she acknowledged whereas working with those that select entrepreneurship as their path to success. “Lots of the folks I met had nice enterprise concepts. Nevertheless, they didn’t essentially perceive the basics of making and sustaining a enterprise. Via my training, expertise and relationships, I’ve developed information on this space,” says Rasheeda. “I imagine that when you’ve gotten information that permits you to stay a sustainable life, it is best to assist others do the identical. And that’s what Empowering Greatness is all about.” Rasheeda is grateful to work with Cisco’s accomplice ecosystem as a result of, she says, “I am a part of a neighborhood that I can be taught from and that permits me to assist extra folks.”

Rasheeda’s ardour for supporting SMEs stems from her perception that these companies are the spine of the economic system. “It is the mom-and-pop nook retailer and the native pizza man who assist our neighborhoods thrive.” She says, “Typically, these similar neighborhood members want assist in the case of integrating expertise (or enterprise a digital transformation) to assist their enterprise develop.”

In keeping with analysis, greater than 60% of SMEs are actively investing in digital transformation. Nevertheless, lower than 30% of those corporations say their transformations have been profitable. To assist outline a path to achievement, Rasheeda shared some methods she makes use of to assist her purchasers. Click on on every of the video segments under to be taught extra.

Definition of digital transformation

Rasheeda explains that digital transformation refers back to the integration of digital applied sciences in all areas of an organization. It is usually about rethinking working fashions and experimenting with new strategic approaches. “As we speak, companies of all sizes are embracing AI, adopting cloud providers to enhance accessibility and suppleness, and leveraging information analytics to enhance their strategic choice making,” says Rasheeda. “These are all examples of digital transformation and are basically altering the best way corporations function and ship worth to their clients.” Rasheeda notes that digital transformation is essential for SMEs because it “ranges the enjoying discipline for SMEs and permits them to compete.” He additionally shares that innovation and agility are key paths to profitable transformation.

Creating an progressive and agile tradition

Digital transformations are extra profitable and sustainable in an progressive and agile atmosphere. Rasheeda shared invaluable insights on create that atmosphere. Try the video segments for extra detailed info on these highlights.

Major actions that might allow an progressive and agile tradition and a profitable transformation

  • Visionary leaders perceive that transformation begins from the highest. Leaders should acknowledge the necessity and advantage of transformation and set a transparent and compelling course for the group.
  • Talk the imaginative and prescient within the context of the enterprise in order that staff perceive its significance and the way their work contributes to success.
  • Authorize your groups to make choices and search inventive options. Frontline staff who ship services and products to clients know what works and what would not.
  • Foster collaboration for himleveraging your community each inside your group and throughout industries. The extra mind energy you’ll be able to commit to an answer, the higher.
  • Benefit from expertise to streamline processes and release time for inventive considering and strategic planning.
  • Constantly consider by Consider your processes and techniques to find out what changes should be made to make sure sustained success.

High actions that might hinder an progressive and agile tradition and inhibit a profitable transformation

  • Micromanagement stifles creativity.
  • Penalize failure is counterproductive, failure is a key a part of the iteration course of. As an alternative, depart room to strive new issues and be taught from expertise.
  • Ignore feedback hinders progress. As an alternative, hearken to enhancements that could possibly be made.
  • keep inflexible limits progress. As an alternative, be adaptable.
  • Delay innovation loss potential. Do not preserve your concepts captive. As an alternative, share them. You by no means know the way an concept may be improved when others present their enter.

Proceed the training journey

Rasheeda highlighted some compelling concepts primarily based on her experiences. We additionally know that there are different views to share. Within the spirit of fostering collaboration, we encourage SMEs to affix Cisco SME Empowerment Communitythe place you’ll be able to join with different organizations, examine upcoming SMB-focused occasions, and uncover out there Cisco assets.

Be taught extra about Rasheeda and her choices, join along with her on LinkedIn


We might love to listen to what you suppose. Ask a query, remark under, and keep related with #CiscoPartners on social media.

Cisco Fb Companions | @CiscoPartners | Cisco LinkedIn Companions

Share:



Related Articles

Latest Articles