DT of Social Business how to be successs

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1. Digital Transformation of Social Business

2. Contents Social Business Digital Transformation(DT) Digital Transformation of Social Business Importance of digital transformation Make Digital Transformation successful? Concluding Remarks

3. Social Business

4. social business A form of business striking a balance between social objectives and financial goals , situated somewhere between profit-maximizing and social contribution. Social business Nobel Peace Prize laureate Professor Muhammad Yunus : defined a social business as a business : Created and designed to address social problem . Principles of social business? Overcome Poverty And Other Social Issues Financial and Economic Sustainability Company profit stays with the company for expansion and improvement Environmental consciousness . Workforce gets revenue based wage with better working conditions Do it with joy

5. Digital Transformation

6. What really is Digital transformation? (Use of ICT for human society) The changes associated with the application of digital technology in all aspects of human society. Transformation means designing the whole service for people, not just the digital bits. In fact, digital transformation is business transformation; Strategy, not technology, drives digital transformation. The Customer Experience Is At The Heart Of Digital Transformation. Digital transformation is about consumer behavior and business opportunity, not technology. The Digital Transformation means that digital usages enable innovation and creativity, rather than simply enhance and support the traditional methods.

7. Digital transformation :Integrating all stakeholders; People, enterprises, government, communities in the whole Society. Students Doctors farmers Soldiers Business Man Drivers Police Workers Tourist Housewife Internet AI AR Cloud IoT 3D printing VR Big Data Mobile CRM ERM SCM ERP KBS DMS OAS Governments Agencies International & regional communities Financial Institutions and Services Enterprises Health Care Communities Education Entertainment Environment Transpotation

8. Digital Transformation as Planned Organizational Change Analyze, simplified, and redesign business processes with a mind to radically reduce business costs. Enables employees to perform their tasks more efficiently and effectively Digital Transformation A radical reconceptualization of the nature of the business and the nature of the organization The streamlining of standard operation procedures, eliminating obvious bottlenecks, so that automation can make operating procedures more efficient

9. Digital Transformation of Social Business

10. Development 15 Digital Transformation= ICT for Development framework (ITU) ICT Readiness (Infrastructure, Access) ICT Use (Intensity) ICT Impact (Outcomes) ICT Capability (Skills) ICT Industry Better World Social Business

11. Source:Accenture

12. Important of Digital Transformation For Social Business?

13. There is a consensus that Digital Transformation is inevitable. 86% of CEO cited technological advances as the global trend that will most transform business; the megatrends rocking our world. committed to helping leaders understand the implications and supporting on the journey to shape better opportunities for business and society. digital tech. have boosted growth, expanded opportunities , and improved service delivery. Impact has fallen short and is unevenly distributed. The digital economy is simply becoming The economy. By 2020 more than 90% of jobs in the European Union will require digital skills. Digitization touches 98 % of the US Economy Digitalization increase customer experience. 78% 58% of businesses look to digital to help them profitable. Digital transformation are achieving 9% higher revenue creation, 26% greater impact on profitability, and 12% more market valuation.

14. IBM :Contribution of Digital Transformation

15. How much time & efforts to invest : Singapore Case Other National Plans : Media 21 IT in Education Master plan-Library 2010 Tourism 2015 Retail 2021 Manufacturing 2018

16. Potential Positive contribution of Digital transformation Creating a workforce for the machine age Digitalization could create up to 6 million jobs worldwide between 2016 and 2025 ; shape the next generation of talent for the digital age . Transitioning to a sustainable world Digital initiatives in the industries could deliver an estimated 26 billion tonnes of net avoided CO2 emissions from 2016 to 2025. The acceptance of new business models and stakeholders adoption can ensure to reduce the environmental impact. Building trust in the digital economy Usage-based insurance (UBI), coupled with assisted driving technologies, could reduce by 2025 the projected annual death toll from road accidents of more than 2 million by 10% . Digital strategy can create a new level of social engagement by offering a most compelling, seamless, contextual, personalized digital experience across all stakeholders. Convenience is the key driver for digital disruption; from how we communicate and connect, to how we travel and shop.

17. How to make Digital Transformation successful?

18. How to make Digital Transformation successful? Surveillance Technologies unemployment Social disruption. Top Challenges Confident about leadership’s understanding of digital trends and emerging technologies. Leadership has sufficient skills to lead organization’s digital strategy. Leadership is absolutely key. Confidence to embrace change, Listen to different models, Empower his people to get onand do it. Move Outside Your Process Comfort Zone Cultivate Tomorrow’s IT Talent Today Deliver Technology The Way The Business Wants Leaders should have a clear digital strategy combined with a culture and people that drive transformation.

19. Biggest barriers and challenges to digital transformation?

20. Concluding Remarks

21. Need to improve the awareness Rapidly developing Digital technology Internet, Mobile Cloud Big Data IoT 3D printing Robotics AI, AR, VR Blockchain Social Media IT is Ubiquitous ICT becomes key enabler for developement Provide unparalleled opportunities for value creation. Digital Transformation is the solution. Too vital to ignore. Necessary for survival and growth of any business. More & more expectations for simpler, faster and cheaper services for stakeholders. Need cost/effective strategy to successfully transform to be an Advance Business. Digital Transformation is a major investment , a major change and will take considerable time and efforts. Many Digital Transformation efforts fail. There are many challenges. Need a scheme for cooperation, collaboration, and co-creation to make DT successful. Rapidly changing Business Environment More Competition Social Business Digital Economy