🔴 DIGITAL BUSINESS DASHBOARD (DBD)

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🔴 #DIGITAL #BUSINESS #DASHBOARD (DBD)

🔶️ As I keep reiterating, "Only the Future is Manageable." And you need a real-time management framework to achieve success in the fast-changing digital economy.

🔶️ A Digital Business Dashboard (DBD) lays out how a business will continue to create, deliver, and capture value in the digital future.

🔶️ DBD visualizes, describes, assesses, and facilitates a revised business model in view of anticipated trends, and enables real-time management of the business over the next timeframe, based on those trends and related scenarios.

🔶️ You build a DBD with 9 elements, in sequence:

🔴 FUTURE CUSTOMERS:

🔶️ Future Target Segments

Everything must be future customer driven. You must envision the top future customer segments that will provide most revenue for all stakeholders.

🔶️ Future Service Relations

Above all, you must focus on investing in future Customer Experience (CX), loyalty, and retention modalities, which will continually change along with changing customer expectations.

🔶️ Future Delivery Channels

CX depends on seamless digital communication and customer-preferred product/service delivery channels using latest technologies as they become available.

🔴 FUTURE REVENUE:

🔶️ Future DEP Partners

You need to build and constantly evolve a Digital Ecosystem Platform (DEP) with trustworthy sharing partners and vendors to create more value.

🔶️ Future Value Drivers

Your brand value proposition of products and services must be designed for the target future customers, and must be updated repeatedly to out-compete others.

🔶️ Future Revenue Streams

Identify and focus on the main potential new future revenue streams from future digital customers, based on the above.

🔴 FUTURE RESOURCES:

🔶️ Real-Time Future Management

You then will indeed "manage the future," with daily real-time activities and adaptive KPIs, to achieve the long-term business strategy and outcomes.

🔶️ Future People & Upskilling

Determine what future people, employee culture, and skills you will need, then provide upskilling and the related investment resources required, on an ongoing basis.

🔶️ Future Costs & Efficiencies

Anticipate all potential costs, especially cost savings from efficiencies, balanced out and budgeted accordingly, to achieve the overall strategy and deliver on the brand value proposition.

🔴 IN SUM …

🔶️ Such a real-time DBD approach enables you to drive, measure and assess business performance relative to the overall future business vision, strategy, goals, and mission of well-satisfied future customers.

🔶️ It also implies that every C-Suite function will need to revise its own strategic purpose in harmony with the corporate DBD. Indeed, each function – especially HR, Marketing and IT – should develop its own function-specific BDB to align with the overall business DBD.

🔶️ This DBD approach applies to every business, large or small, in every industry sector.

🔶️ If you need any help on getting this started, please contact me. I guarantee your success (see below).

🔴 Are you #QAIMETA ready?

🔶️ Every business needs a composite QAIMETA triad strategy.

🔶️ Message me for a free initial consultation on your QAIMETA options:

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#innovation #technology #future